Realty 33, Inc
REAL ESTATE BLOG
TIPS FOF BUYING & SELLING REAL ESTATE IN UNION & ESSEX COUNTY NJ
NEWARK REAL ESTATE STILL STRONG
Here's a quick 2018 Newark market recap:
Median sales price for single family homes went up an amazing 28%! from $129,000 in 2017 to $165,000 in 2018.
The major reason for this big increase is that there were less foreclosures and more renovated home sales in 2018, which drove up the average.
Average Days-on-Market is down from 86 to 74 ( ⬇ 14%) which is also a big drop, showing the homes were selling super quick last year.
Newark Issues 'CODE BLUE' during Cold Weather Forecast
Crime is Dropping Big Time in Newark, Officials Say
More Downtown Development coming in 2019
ABOUT THE AUTHOR
Experience is the chief author of the Realty 33 blog, as we continue to learn new things everyday. This blog is intended to educate and help those that wish to know more about the world of real estate.