Prices on the rise!

We've all heard the many big picture reports about the national trend of rising real estate prices.  A quick snapshot shows that our local market is looking up too!

The median sale price for closed sales in Berkeley Heights has risen steadily over the first four months of the year.  Jan, $409,500, Feb $450,000, March $488,500 and now April $499,000.  There is some seasonality to the trend, but for example March of 2012 the median was $398,750, meaning a year over year improvement of almost $100,000!

If you are considering selling your home - call me today for a market analysis.  You can reach me at (908) 477-1010 or email me at Barbara.Lewis@PrudentialNewJersey.com.  This just may be the right time for you to sell!

Of course if buying is your goal I'd love to assist you.  Interest rates are making a home purchase one of the best opportunities in history!

I look forward to helping you reach your goals!

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