Scotch Plains Real Estate Market - A four year trend analysis
By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Scotch Plains continues to be one of the most desirable towns in all of Union County. Here we take a look at the 2016 year end trend analysis of the real estate market in Scotch Plains: Home Sales: In 2016 a total of 320 single family homes were sold in Scotch Plains, this is up 29% over 4 years. Prices: The average sale price for a single family home in Scotch Plains in 2016 was $517,638, this shows a 7% rise in price over the last 4 years. This equates to a normal, healthy market. Days on Market: The average time for a home to sell was 57 days on the market, this is down 34% over 4 years ago. Another strong indicator of a healthy market in town.
Comments
2