Buyers and sellers in Scotch Plains, NJ, need to understand the local market before they make any moves. This slide show will explain the current market, compare it to past years, and make recommendations for home buyers and home sellers
Scotch Plains Real Estate Market Report - July 2014
1. How’s the Real Estate Market
in Scotch Plains?
July, 2014
2. If you're planning on
buying or selling a home
in Scotch Plains,
the first step is to
learn about the
Scotch Plains real estate
market conditions.
3. Inventory
There are
currently 142
homes
offered for
sale in Scotch
Plains and
they range in
price from
$180,000 to
$2,750,000.
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Active Listings 17818619819119718817417015214512010110512515416217316215214313613911995108109117146165173179
Sold Listings 9 10 20 24 24 35 28 22 18 24 20 14 17 12 8 18 19 31 31 33 23 28 9 24 16 4 16 12 22 33 28
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Homes
Active and Sold Listings - Scotch Plains, NJ
6. Prices
The average
selling price
of a home
in Scotch
Plains in
July was
$572,282.
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Average Sale Price and List Price - Scotch Plains, NJ
9. Days on Market
The average
sold home in
Scotch Plains
in July was
sold after 43
days.
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Average Days on Market - Scotch Plains
12. What does this mean to you?
Prices and inventory are relatively stable, but
sales are increasing.
If you’re planning to BUY a home, this might be
a great time to get a deal!
If you’re planning to SELL a home, you need to
make sure your home is in top showing
condition and that it’s priced right so that it
stands up to the competition!