Average List Price of those 167 homes in Bridgewater, NJ: $553,694 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: 85

Average List Price of those 85 homes: $446.083 with an average of 3.4 Bedrooms, 2.1 Full Baths

In the last 30 days, the total number of homes that have gone Under Contract: 54

The current absorption rate for Bridgewater, NJ is:  3 months

In the last 30 days, the total number of homes that have Sold is 32

For the 32 homes, the average List Price was: $389,568 vs Average Sold Price of $372,910

Average Days on the Market for the sold homes was: 79 days

The absorption rate clearly shows that Bridgewater is in a seller’s market.  This is fantastic news for those looking to sell their home in Bridgewater.  If you are a buyer, act quickly. 

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 03/22/2016