Total number of homes available for sale in Branchburg NJ: 82
Average List Price of those 82 homes in Branchburg, NJ: $543,851 with an average of 3.6 Bedrooms, 2.3 Full Baths, 0.8 Half Baths and a 1.7 Car Garage
Average Days on the Market: 84 days
Total number of homes that are currently Under Contract: 29
Average List Price of those 29 homes: $421,786 with an average of 3.3 Bedrooms, 2.2 Full Baths, 0.8 Half Baths and a 1.4 Car Garage
In the last 30 days, the total number of homes that have gone Under Contract: 14
Given the last fact, the current absorption rate for Branchburg, NJ is: 5.86 months
In the last 30 days, the total number of homes that have Sold: 14
For the 8 homes, the average List Price was: $313,184 vs Average Sold Price of: $307,157
Average Days on the Market for the sold homes was: 96 days
Summary: The Branchburg NJ real estate market is doing well. If you are a seller, I can provide you with a complimentary CMA so that you can better determine what you could potentially sell your house for. If you are a buyer, give me a call so we can further discuss the real estate market for Branchburg and the surrounding towns.
Claudia Marrone is a top Re/Max real estate agent in Somerset County with a successful track record.
NJAR Circle of Excellence Sales Award – Silver Level 2012 and 2013
Re/Max Classic Group
Source: GSMLS as of July 21, 2014