Total number of homes available for sale in Warren NJ is 107

Average List Price of those 107 homes in Warren, NJ: $1,064,141 with an Average of 4.5 Bedrooms, 3.5 Full Baths, and 2.4 Garages

Average Days on the Market: 89 days

Total number of homes that are currently Under Contract: 33

Average List Price of those 33 homes: $962,836

In the last 30 days, the total number of homes that have gone Under Contract: 20

The current absorption rate for Warren, NJ is:  5.35 months

In the last 30 days, the total number of homes that have Sold is 6

For the 6 homes, the average List Price was: $1,230,483 vs Average Sold Price of $1,165,500

Average Days on the Market for the sold homes was: 159 days

With an absorption rate of 5.3 months, Warren is on the border of falling into a seller’s market.  This means that if you are looking to sell your house in Warren Township NJ, be sure that your asking price reflects the condition of your home and its location.  If you are on looking to buy a home in Warren, don’t wait too long.  If you see a home that you like, don’t hesitate, put in a good offer. 

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

If you are thinking of selling your house in Warren, 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 Warren, call me for a free buyer consultation.

Claudia Marrone
Realtor, Associate
NJAR Circle of Excellence Sales Award – Gold Level 2015

Re/Max Classic Group
O: 908-393-8143
C: 908-304-4520

Source: GSMLS 4/7/2016