The Town Broker

Archive for the 'Market Reports' Category

Westfield, NJ Market Report- February 2010

In Westfield NJ, the month of February closed with inventory levels coming down (at least vs. last February), and buyer demand on the rise. Here are the key numbers for the month.  Check out this video report for more detail and analysis.

Number of Active Listings: 152

Number of Closed Sales:    15

Average Days on Market:    55

Median Sale Price:     $756,000

Tags: market report, real estate statistics, Westfield

This Month in Real Estate – February, 2010.

This is an excellent synopsis of the national picture from Keller Williams Realty. There is a good review of  some first-time home buyer trends and statistics. And guess what? Location or neighborhood was the #1 “must have” for 36% of all first timers. (The Town Broker likes that!) Watch this short video to get all the information.

But remember…all real estate is local. To learn what’s happening locally, give me a call!!

Tags: National real estate news

Westfield Market Report – January, 2010

In Westfield NJ, the month of January closed with average sale prices, up and days on market down. Here are the key numbers for the month:

Number of Active Listings:          145

Number of Closed Sales:               11

Average Days on Market:             54

Average Sale Price:                      $941,682 

Check out this video report for more detail and analysis.

Tags: market report, real estate statistics, Westfield