Whats Happening in the Watchung Borough Real Estate Market, Today?
The graphs below show what the Watchung Borough real estate market has been like, for the past 12 months. As you can see: * After a recent period of increased selling prices, the median (middle) price of homes sold in Warren Township is once again decreasing. * The same is true for the median price per square foot (not surprisingly). However, this drop is more dramatic. * After declining during the first quarter of 2009, inventory (the number of homes for sale) has been increasing throughout the second quarter. This is good news for buyers; there are many choices available for you. * The number of days a home is on the market before selling has been increasing all year, but the rate of increase has leveled off, during the second quarter.
