Luxury Homes NJ Blog

In the first two weeks of February we have 35 new Westfield Homes for sale.  Of these, 5 are already in attorney review and 2 are already under contract.  Loist prices range from high 200′s to $4,295,000.  For a  house that in my opinion is totally worth it BTW.  See for yourself.

Quick sellers are in all price brackets too, up to $1.3 Million for these two weeks.  Total inventory is fairly steady at 123, with the spring swell imminent.

Westfield Home Buyers are scooping up the best buys at all price levels, whether you are buying or selling–it’s spring!

As has been the reality for several years, Atlas Van Lines reports more than 55% of NJ moves were outbound.  NJ population grows anyway, because immigrants fly in and/or travel light.  Story & Map 

The answer is February 1st.  I got this conclusion by combing MLS stats for high closed prices in the towns I report: Cranford, Edison, Metuchen, Mountainside, Scotch Plains/Fanwood, Summit, Warren/Watchung, and Westfield.

Across the hundreds of sales in the town, the average days on market was 61 and the average contract to closing period was 59 days.  The highest week of the year for sale price as a percentage of list price was the first week of June.  Subtract 120 days, and you get the best day of the year to list.  A client and friend of mine tells me she is hearing “January is the new June”  This is the third year I am recommending getting on market when the bonuses are paid or known, and the inventory is uncluttered.  You can be ready for February if you call today and my stager gets to you in the next week or two!