Total number of homes available for sale in Bridgewater NJ is 202
Average List Price of those 202 homes in Bridgewater, NJ: $584,338 with an average of 3.8 Bedrooms, 2.4 Full Baths, and 1.7 Garages
Average Days on the Market: 90 days
Total number of homes that are currently Under Contract: 97
Average List Price of those 97 homes: $487,022
In the last 30 days, the total number of homes that have gone Under Contract: 48
The current absorption rate for Bridgewater, NJ is: 4.2 months
In the last 30 days, the total number of homes that have Sold is 57
For the 57 homes, the average List Price was: $467,547 vs Average Sold Price of $459,117
Average Days on the Market for the sold homes was: 43 days
The absorption rate is clearly indicating that Bridgewater NJ is in a “seller’s market”. If you own a home in Bridgewater NJ and you are thinking of selling it, this is the time to do it. If you are on the flip side and you are a buyer, you need to act quickly and be aggressive with your offer. The homes that are priced right, are selling!
Claudia Marrone is a top real estate agent in Somerset County with a successful track record.
If you are thinking of selling your house in Bridgewater, let me know so that I may give you a complimentary CMA and further discuss the market conditions. If you are thinking of buying a home in Bridgewater, call me for a free buyer consultation.
NJAR Circle of Excellence Sales Award – Gold Level 2015
Re/Max Classic Group
Source: GSMLS 7/7/2016