Average Home Sale Price in First Four Months of 2018 Remains But Volume drops
The average home sale price in Springfield, New Jersey was $425,563 for the properties that sold between January and April 2018, a drop of less than one percent compared to the same time period in 2017. However, the number of home sales dropped more than 25% to 43 houses compared to 58 that sold in 2017.
Housing prices in first 5 months of 2018 rise 10.4% while the homes sit on the market for less time
The Wayne, NJ housing market saw the average sale price rise 10.4% to $429.5k from January through April, 2018 compared to the same period in the year prior. Along with the increase in sale price, the average "days on market" for a home dropped 12% to 73 days,
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