37 homes were listed for sale in March, out of which 3 were condos/townhomes, 2 were homes in active adult community and the rest were single family homes. 4 of these are in attorney review after accepting offers. It is quite likely that most of the other homes will also be signing contracts soon, if the previous months activity is anything to go by. The home prices vary from $299,000-$1,188,000.
Keeping up with the tradition of Spring, this month 30 homes went under contract, 12 more than last month. Most were under contract in less than a week on market, some within 2 weeks and some in 3 weeks. There were others that took time since the pricing wasn’t in line with the market value. The home list prices ranged from $274,000-$1,100,000.
A total of 10 homes sold in West Windsor out of which 4 were condos and townhomes and the rest were detached homes. The sold pricing remained strong, some homes sold just under list price, some at full asking while others sold above asking after a bidding war. Bidding wars have become the norm since the home values have improved and inventory has remained low.
The low inventory, consistently low interest rates and the great commutability keep the sale prices high!
We have not yet noticed any impact from the Tax Reform, homes are still selling fast and buyers are continuing to show strong faith in home ownership. Here’s wishing it continues to get better!
For more information on West Windsor real estate, contact me at 732-500-0330 or email@example.com.