Monday, March 1, 2010

How Much is Your Home in Berkeley Heights, NJ Worth?

Berkeley Heights, NJ  Real Estate

Looking Ahead to 2010...

There has been a multitude of press surrounding the real estate market this year. Articles about the weak housing market, increased inventory, absorption rate, sub prime mortgages, etc.. Yes, the average sale price in Berkeley Heights did decline in the past year, However, on a positive note the existing-home sales are expected to rise slowly as indicated by pending sales activity, and continue through 2010.
There are mixed opinions as to when the market will recover in NJ, but statistics are showing us that homes will continue to sell in our town of Berkeley Heights. While location, condition and amenities are important elements, competitive pricing has been and will remain to be, the major factor to a successful sale.

So how does the Berkeley Heights NJ real estate market look these days? Currently Berkeley Heights has a average listing price for homes for sale of $706,824. The Union county average currently is $560,436.
The current number of properties on the market in Berkeley Heights is 56, with 23 properties "under contract" (as of 03/01/2010). The Berkeley Heights median listing price is $611,650.

If you're thinking of buying or selling a home, Call Me! Let me show you what a full service Realtor can do for you. You Will Not Regret It. The Difference is the Experience that I Bring to my Clients.

Maria Lourdes Couto, ABR, CRS, GRI, SRES
RE/MAX Premier
"Berkeley Heights Neighborhood Specialist"
Contact me directly at (908)400-1801
E-Mail: Homes@MariaLCouto.com
BerkeleyHeightsAndBeyond.com

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