Fanwood, NJ Real Estate News

By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Fanwood New Jersey Real Estate Listing (Updated Daily)(Union County) https://myre.io/0mAorOe7gazD6   The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. and Weichert, Realtors® - Warren. Real estate listings held by other brokerage firms are marked as IDX listing. Information deemed reliable but not guaranteed. Copyright © 2020 Garden State Multiple Listing Service, L.L.C. All rights reserved. This information is being provided for Consumer's personal, non-commercial use and may not be used for any purpose   Sellers' Advice https://bit.ly/351Tbqx   Buyers' Advice https://bit.ly/3n0Cmm3   No/Central NJ Town Listings https://bit.ly/32YoroI    Our New Homes & Commercial Listings  https://bit.ly/3lWVE...
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By inboundREM Market Updates
(InboundREM)
Fanwood, New JerseyReal Estate in FanwoodFanwood is a small residential borough located in the western part of Union County, New Jersey. The district is in between the boroughs of Plainfield and Scotch Plains. The borough is a combination of suburban neighborhoods that feature some of the most affordable single-family homes in the region. Residences in the community are primarily older home models with classic American architecture. These homes come with beautiful wood panel exteriors, large windows, spacious backyards, well-maintained lawns, and attached parking garage. Each home interior features three or four bedrooms, multiple baths, full kitchen, living room, dining area, and basement.Check out our original neighborhood post at https://tonewjersey.com/.Neighborhood AmenitiesThere a...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Fanwood are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Fanwood .Here’s what’s been happening lately.Inventory: 15 homes were sold in Fanwood in June - significantly higher than the 12 month average of 9 homes per month. Rising interest rates have not dampened the demand for homes in Fanwood. 43 homes were offered for sale in Fanwood in June - significantly higher than the 12 month average of 34 homes per month. Click here to view active listings. A very active real estate market usually causes a decrease in inventory and a concurrent increase in prices. Prices: Average sale price in Fanwood in June was $526,473 - compare to the 12 month average of $493,109. Average list price in Fanwood...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Fanwood are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Fanwood .Here’s what’s been happening lately.Inventory: 4 homes were sold in Fanwood in May - compared to 10 in May, 2017. 44 homes were offered for sale in Fanwood in May - compared to 40 in May of 2017. As inventory shrinks, demand for homes usually increases. This can help to increase prices and/or decrease the length of time homes are on the market. Prices: Average sale price in Fanwood in May as $560,750 - compare to the 12 month average of $484,548. Average list price in Fanwood in May was $516,375 - compare to the 12 month average of $486,927. Consumer confidence helps increase prices. Fanwood remains one of the hottest commu...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Fanwood are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Fanwood .Here’s what’s been happening lately.Inventory: 12 homes were sold in Fanwood in September - compared to 6 in September, 2016. 28 homes were offered for sale in Fanwood in September - compared to 40 in September of 2016 As inventory shrinks, demand for homes usually increases. This can help to increase prices and/or decrease the length of time homes are on the market. Prices: Average sale price in Fanwood in September was $399,575 - compare to the 12 month average of $434,899. Average list price in Fanwood in September was $478,418 - compare to the 12 month average of $457,211. Consumer confidence helps increase prices. Fanw...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Fanwood are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Fanwood .Here’s what’s been happening lately.Inventory: 14 homes were sold in Fanwood in June - compare to 16 in June, 2016. 44 homes were offered for sale in Fanwood in June - compared to 38 in June of 2016 As inventory grows, demand for homes usually decreases. This can help to lower prices and/or increase the length of time homes are on the market. Prices: Average sale price in Fanwood in June was $487,691 - compare to the 12 month average of $429,462.  Average list price in Fanwood in June was $485,482 - compare to the 12 month average of $442,881. Consumer confidence helps increase prices. Fanwood remains one of the hottest com...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Fanwood are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Fanwood .Here’s what’s been happening lately.Inventory: 10 homes were sold in Fanwood in May - compare to 13 in May, 2016. 39 homes were offered for sale in Fanwood in May - compared to 47 in May of 2016 As inventory shrinks, demand for homes usually increases. This can help to raise prices and/or shorten the length of time homes are on the market.  Prices: Average sale price in Fanwood in May was $398,100 - compare to the 12 month average of $424,901. Because only 10 homes were sold, the average can be skewed by just one low selling property and that is what happened in May. One property selling far below the typical sale price aff...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Summer is here!Fanwood Recreation is sponsoring a Party in the Park on Tuesday, June 27th from 6:00-8:30 pm. Come to La Grande Park for food, music, laser tag, prizes, and inflatable rides.Afterward, Fanwood Recreation will be hosting a free showing of the movie "The Secret Life Of Pets" at La Grande Park. This is the first of their free Summer Movie Series.
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
If you're thinking of buying or selling a home in Fanwood, here's what's happening in the real estate market this spring.Fanwood offers excellent schools and a convenient commute to New York City. To see earlier market reports of Fanwood, please click here. If you’re thinking of buying or selling a Fanwood home, please call us at 908-917-4189.
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Experts predict that home values nationally will appreciate by an average of 3.22% over the next 5 years. If you're thinking of buying or selling a home in Fanwood, here's what you need to know about the local real estate market. There are currently 25 homes offered for sale in Fanwood ranging in price from $315,000 to $969,000. Seven homes were sold in March at an average price of $423,071. Prices tend to fluctuate heavily in Fanwood because of the low inventory.As of today, 64% of the homes listed in Fanwood are listed for $500,000 or less. Fanwood offers excellent schools and a convenient commute to New York City. To see earlier market reports of Fanwood, please click here. If you're thinking of buying or selling a Fanwood home, please call us at 908-917-4189.
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Fanwood is one of the most desirable towns in Union County. Here we take a look at what's been going on in the Fanwood Market. Homes Sold:  In 2016, 125 homes were sold in Fanwood, this is up 76% from the 71 homes that sold in 2013.  Even though sales are up, the inventory has remained consistent the past four years. Sale Price: In Fanwood the average sale price in 2016 was $430,269, this is up 11% from the average sale price of $386,777 in 2013.  Great news if you're thinking about selling your Fanwood home. Average Days on Market: In 2016, homes were sold after only 44 days on the market. In 2013, the average time to sell a home in Fanwood was 76 days.  Another great indicator that the Fanwood market has recovered and is continuing to do well.  
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
If you own a home in Fanwood, or if you want to own a home in Fanwood, this is the place to be for information about real estate values this winter. Inventory: There are currently 34 single family homes offered for sale in Fanwood which is normal for this time of year - November 2015 had an inventory of 35 homes and November of 2014 had an inventory of 32 homes. The current listings range in price from $249,900 to $659,000.  Six homes were sold in October at an average sale price of $323,667.This graph shows inventory and sales for the past 4 years.The blue line represents the active inventory in Fanwood month by month. There are seasonal trends with inventory typically increasing in the summer and decreasing each winter. This summer’s inventory never hit the peak that previous years ex...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
If you're planning on buying or selling a home in Fanwood, the first step is to get familiar with local market trends. Here's what you need to know for October, 2016.Inventory: There are currently 42 single family homes are currently  offered for sale in Fanwood which is a little high for this time of year – October 2015 had an inventory of 40 homes and October of 2014 had an inventory of 38 homes. The current listings range in price from $249,900 to $799,000.  Nine homes were sold in October at an average sale price of $451,111.For more information on the real estate inventory in Fanwood, please click here.Prices: In October of 2016, the average sold home was sold for $451,111, slightly up from the previous month and about 2% higher than the 12 month average of $441,704. For more infor...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
If you're planning on buying or selling a home in Fanwood, the first step is to get familiar with local market trends. Here's what you need to know for October, 2016.Inventory: There are currently 39 homes offered for sale in Fanwood which is pretty typical for Fanwood. Four homes were sold in August which is much lower than we've seen in Fanwood since April.Prices: The average sold home in Fanwood was sold for $459,188. The 12 month average in Fanwood is $435,777.Days on Market: Homes in Fanwood sell quickly. In September, the average home was actively listed for only 23 days before going under contract - the fastest monthly average in Fanwood in at least 5 years.Selling a home in Union County can be a long, arduous process, or it can be quick and easy - it all depends on 3 factors: Co...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Selling a home in Union County can be a long, arduous process, or it can be quick and easy - it all depends on 3 factors: Condition. Is your home updated? Is it clean and uncluttered? Is it convenient for agents to show? Pricing. Is your home priced competitively? Are you attracting buyers in the price range that your home is actually valued? Marketing. Does your listing agent have an aggressive marketing campaign that includes print and digital marketing?  If you want to sell your home quickly, you need to focus your energy on competing with the other houses in your town.>  First, be sure that your house shows well. If you need to clean it, remove clutter, or improve curb appeal, do it now!> Second, confirm with your Realtor that the house is priced competitively. Ask your Realtor to d...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
 If you are a buyer or a seller interested in a home in Fanwood, please call Team Zuhl! We're happy to help you in all of your real estate needs!For more information on selling a home How Do Sellers Choose the Right Agent? Preparing Your Home to Sell PRIDE in Selling Your Home  3 Simple Steps To Selling Your Home Fast - 03/26/12 4 Ways to Get Union County Homes to Sell Quicker!! - 01/12/12 For more information on Fanwood Real Estate: How long will it take to sell My Fanwood House? July 2015 Buying or Selling a Home in Fanwood - July 2015 The Fanwood Real Estate Market report for the First Quarter of 2015 The Fanwood Real Estate Market Update - July, 2014 Fanwood Real Estate News - 5/18/14 Fanwood Update - 4/17/2014 Fanwood Real Estate Market Report - 2/8/14 Fanwood Real Estate - 1/18/20...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
 Before you buy or sell a home in Fanwood, your first step is to understand how the real estate market is performing. Here's what you need to know this summer.INVENTORY: There are currently 49 single family homes offered for sale in Fanwood. It's evident in examining this graph that inventory increases every summer and decreases in the winter in Fanwood. There were 8 homes sold in Fanwood in June.  PRICES: The average home sold in Fanwood in June was sold for $452,750 which is about 3% higher than the 12 month average of $440,209. The average sale price in June of the past several years is shown in this graph in green. It's evident that the trend is upward, and June 2015 saw averages about 14% higher than June of 2012.Fanwood sellers who want to get top dollar for their home will want t...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
LaGrande Park on Second Street and LaGrande Avenue in Fanwood will be the site of Fanwood's free summer movie series. Movies start at dusk (between 8:00 and 8:30 pm) and participants are reminded to bring low beach chairs or blankets. Don't forget the bug spray!Here's what's playing: June 23 - How to Train Your Dragon 2June 30 - MaleficentJuly 7 - Alexander and the Terrible, Horrible, No Good, Very Bad DayJuly 14 - PaddingtonJuly 21 - Mr. Peabody and ShermanJuly 28 - Penguins of MadagascarAugust 4 - The BoxtrollsAugust 11 - Big Hero 6In the event of rain, the movie will be shown the following night.
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
The Fanwood, NJ, Real Estate Market Report for First Quarter, 2015   Winter is the slowest time in Union County Real Estate. Not only do homes take longer than average to sell in the winter, they also sell for less in the winter than they do the rest of the year. But don’t think for even one moment that Fanwood’s real estate market is dead in the winter! This winter, Fanwood had 32 active listings and 13 sold listings. The average sale price this winter was $462,885 with the average home selling after 76 days. How does the winter of 2014-15 compare with previous years? More homes were sold this winter (13) than last winter (10). Inventory is higher this year (32 listings) than last year (26). The average sale price in the first quarter of 2015 was $462,885 compared with an average sale ...
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