Scotch Plains NJ Real Estate Market Report
By Sean Carroll, Real Estate Speaker and "Expert" Coach
(The Get Off Your A$$ Academy)
Presently, there are 160 active residential listings of homes for sale in Scotch Plains, NJ. In the month of october, there were 21 closed sales, with an average sales price of $572,595. The average days on the market was 66. This activity shows approximately an 8 months supply of homes, which tips the scales from more of a neutral market, to a market heavy on the supply side (buyer's market). This means that more than ever, the homes that are properly priced will sell, and often sell quickly. The homes that are not priced correctly can expect to remain on the market for a longer period of time, and are more likely not to sell until their price is positioned appropriately.Sean Carroll - Realtor, Team Leader"Team Carroll"Serving Berkeley Heights, New Providence, Scotch Plains, Cranford a...
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