As of today, Total Number of homes available for sale in Bridgewater NJ: 159

Average List Price of those 159 homes in Bridgewater, NJ: $557,581 with an Average of 3.7 Bedrooms, 2.4 Full Baths, and 1.5 Garages

Average Days on the Market: 91 days

Total number of homes that are currently Under Contract: 78

Average List Price of those 78 homes: $415,238 with an average of 3.3 Bedrooms, 2.1 Full Baths

In the last 30 days, the total number of homes that have gone Under Contract: 46

The current absorption rate for Bridgewater, NJ is: 3.5 months

In the last 30 days, the total number of homes that have Sold is 26.

For the 26 homes, the average List Price was: $399,042 vs Average Sold Price of $381,438

Average Days on the Market for the sold homes was: 70 days

The absorption rate is low, this speaks volumes!!!  This town is definitely in a “seller’s market”.  If you are going to sell your house, make sure that you price it right so that you can get top dollar for it.  If you are going to buy a home in Bridgewater, do it now. 

If you are thinking of selling your house in Bridgewater, let me know so that I may give you a complimentary CMA and further discuss the market conditions.  If you are thinking of buying a home in Bridgewater, call me for a free buyer consultation.

Claudia Marrone is a top real estate agent in Somerset County with a successful track record.

Claudia Marrone
Realtor, Associate
NJAR Circle of Excellence Sales Award – Silver Level - 2012, 2013, 2014
Re/Max Classic Group
O: 908-393-8143
C: 908-304-4520

Source: GSMLS 03/10/2016