Berkeley Heights has seen slower sales activity, and listings are staying on the market an average of 78 days for October, which is higher than some surrounding towns. This can be attributed to higher inventory, fewer buyers, and lower buyer confidence in the housing market. Homes that are priced correctly, are still selling, however, but the homes that are priced even slightly higher than market value, are staying on the market much longer than in some surrounding towns.
For the 9 properties that were closed in October in Berkeley Heights, the average selling price was $571,722 and the average days on market was 78.
Currently, there are 88 single family properties on the market in Berkeley Heights.
About Berkeley Heights, NJ
Berkeley Heights is a small community located in Union County, NJ with a population of about 13,000.
Nestled in the Watchung Mountains, Berkeley Heights is a community of comfortable homes, and quiet tree lined streets, which provides the ideal setting for raising a family and enjoying life. Berkeley Heights has an excellent school system consisting of 4 elementary schools, 1 middle school and 1 High School (Governor Livingston)
Residents enjoy spacious parks and outstanding recreational programs for all ages. Berkeley Heights is an easy commute by train to New York City for work or play and provides access to other locations by nearby major highways. In this time of increasing development, the Township Committee is diligently working to maintain the beauty and character of the community.
Submitted By:
Sean Carroll - Realtor
RE/MAX Classic Group - Berkeley Heights
908-418-7152 - cell
908-898-0800 - office
Tuesday, November 07, 2006
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