Small Dip in Average Scotch Plains Home Sales in First Four Months of 2018
The average sales price for a Scotch Plains home was $547,273 for the first four month of 2018. This is a 1.7% price drop compared to the same period in 2017. Is it a dip or a blip?
Sales Drop in First Four Months of 2018 -- Small Average Price Dip But Big Fall Off is Number of Sales. What's Next?
For the first four months of 2018, eighty (80) properties sold in Montclair, New Jersey, for an average sale price of $644,340. This is a decrease of 3.3% during the same period in 2017 (average sale price of $666,208) - but a 22% drop in number of sales (103 property sold in first four months of 2017).
Is this the start of a trend? Or just a temporary blip?
Small Changes Can Add A Lot of Value to Your Home
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Tight Inventory Helps Sellers But Buyers Are Still Looking to Move to Scotch Plains
This has been a good year for home sellers and buyers in Scotch Plains. Over 75 homes were sold, with an average price of over $536,000. The Tress Realty Group offers property owners a free Home Valuation for those looking to sell or for those just curious about what they home is work. Click here to get started here for a Free Home Valuation.
Tress Realty Group compiles some of the best real estate news, tips, and information for buyers, sellers and investors.