Total number of homes available for sale in Bridgewater NJ is 142
Average List Price of those 142 homes in Bridgewater, NJ: $565,676 with an average of 3.7 Bedrooms, 2.4 Full Baths, and 1.7 Garages
Average Days on the Market: 112days
Total number of homes that are currently Under Contract: 60
Average List Price of those 60 homes: $483,822
In the last 30 days, the total number of homes that have gone Under Contract: 25
The current absorption rate for Bridgewater, NJ is: 5.68 months
In the last 30 days, the total number of homes that have Sold is 39
For the 39 homes, the average List Price was: $461,833 vs Average Sold Price of $448,696
Average Days on the Market for the sold homes was 74 days
So, what do all of these numbers mean? Well, given that we are in the middle of winter and we just had the Presidential election, the Bridgewater NJ real estate market is moving in the right direction. If you are homeowner and want to sell your house, don’t hesitate, call your realtor today. Same goes if you are a buyer, call your realtor today and check out what’s on the market. If interest go up again, your buying power will decrease.
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 1/19/2017