In a recent Market Update, I mentioned prices having risen to buyer resistance levels. Now we have crested. In this chart, we compare sales for the towns we study, 2018 vs. 2019, YTD through August. Trends vary slightly among communities, and if I had to summarize, I would say sales volume is generally slightly up while average sale prices are gently reduced. The most significant price reductions were taken in the priciest towns.
Curious about your home’s value?
Please click below for the market update of interest to you:
Millburn-Short Hills
Watchung
Warren
Westfield by Grade School:
Franklin
Washington
Scott Gleason scott@luxuryhomesnj.com
RE/MAX SelectLuxury Homes for Sale in Westfield