Real Estate Statistics:Middlesex County, New Jersey June 30, 2013

| August 16, 2013 | 0 Comments

Real Estate Sale Statistics: Middlesex County, New Jersey

Year to Date June 30, 2013

Yes, real estate statistics in Middlesex County are more favorable in the second quarter year to date as compared to previous years. Residential one family closed transactions have increased 16.3% and average sale prices are up 4.2%.

Yes, this is good news for home owners. As discussed in my previous post of closed sales through March, 2013, home buyers got off the fence and were signing contracts to purchase homes. With listing inventory being low, home owners were receiving multiple offers and yes bidding wars occurred. And that trend continued into the second quarter of this year; available listing inventory stayed low and there were many buyers chasing  limited listing inventory. Again, many home sellers were receiving multiple contract offers and buyer bidding wars scontinued throughout the quarter.

Looking forward to see what the 2013 Third Quarter Statistics will look like!














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About the Author:

David Fialk The above article was written by David Fialk, REALTOR, Broker Salesperson, Coldwell Banker Residential Brokerage, Iselin, New Jersey and regularly posts real estate articles of interest for home buyers, home sellers and home owners. David can be reached via email or by phone at 732-283-3400 or at Licensed since 1971, David has helped over 1800 families move across town, across the state and across the country and specializes in the towns of Iselin, Colonia, Edison, Woodbridge, Avenel, Fords, Sewaren, Port Reading, Keasbey, Carteret and Metuchen in Middlesex County, New Jersey. Planning on purchasing real estate? Thinking of selling your home? For real estate information ”You Can Rely On, Contact the REALTOR You Can Rely On”.