Union County Real Estate Market Update

Union County, NJ Real Estate Market Update – April 2024

Hi, I’m Jennifer Blanchard, here with your Union County Real Estate Market update. I am a REALTOR® with Berkshire Hathaway HomeServices Fox & Roach. Here’s your April 2024 market update for Union County, New Jersey.

Current Real Estate Market Snapshot

Low Inventory:
Union County has a tight market with just 1.44 Months Supply of Inventory. This is great news for sellers – high demand can lead to quicker sales and potentially higher offers.

Buyers’ Advantage:
Buyers, there’s still opportunity for you! The List to Sold Price percentage is at 106.6%, meaning there’s room for negotiation and finding a good deal.

Fast-Moving Market:
Homes are selling swiftly, with the median days on market at just 15 days. If you’re looking to buy, be ready to act fast.

Strong Home Prices:
The median sold price in Union County is currently $625,000, indicating a robust market where homes are fetching top dollar.

Conclusion

Whether you’re buying or selling, now is an excellent time to make a move in Union County. If you have any questions or need help navigating the market, feel free to reach out. I’m here to assist you every step of the way.

Somerset County NJ

Call to Action – get more Union County Real Estate Market Updates

Ready to take advantage of the current market conditions? Contact us today to get started on your real estate journey. Whether you’re selling or buying, We are here to provide expert guidance and support.

Thanks for reading, and stay tuned for more market updates. Subscribe to our YouTube Channel for the latest news and tips on the Union County real estate market. Happy house hunting!

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Jennifer Blanchard

Jennifer Blanchard is a Top Producing real estate agent in Basking Ridge with over 20 years of experience. She would love the opportunity to discuss any real estate questions you have.

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