Fanwood is one of the most desirable towns in Union County. Here we take a look at what's been going on in the Fanwood Market.
Homes Sold: In 2016, 125 homes were sold in Fanwood, this is up 76% from the 71 homes that sold in 2013. Even though sales are up, the inventory has remained consistent the past four years.
Sale Price: In Fanwood the average sale price in 2016 was $430,269, this is up 11% from the average sale price of $386,777 in 2013. Great news if you're thinking about selling your Fanwood home.
Average Days on Market: In 2016, homes were sold after only 44 days on the market. In 2013, the average time to sell a home in Fanwood was 76 days. Another great indicator that the Fanwood market has recovered and is continuing to do well.
~ Wayne & Jean
Union County, NJ - a great place to live and work!
If you're looking to buy or sell a property in Union County, call us at 908-917-4189 or email TeamZuhl@gmail.com.
All opinions, information and data provided is deemed reliable but is subject to errors and omissions. Not intended to solicit other Brokers' clients. We cooperate with them fully.
Good morning Wayne and Jean Marie Zuhl, love the infographic, easy to follow the market update for Fanwood. Those who are looking to buy or sell a home would be wise to hire you as their REALTOR®.
I love your format and the comparisons...charts are great too!
Wayne and Jean Marie Zuhl
Thank you for sharing what a great Market Analysis and Sales update.
Thank you