$8,311 Closing Credit*
$699,900
3 Beds
•2 Full Baths, 1 Partial
Listing Office: CORCORAN SAWYER SMITH
Is East Amwell Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, East Amwell Township was a Neutral Market.
Key Takeaway
East Amwell Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Amwell Township, NJ
How much do homes in East Amwell Township, NJ cost?
Median Sold Price
$667,500
$407/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$7,500(-1.1%)
Key Takeaway
Homes in East Amwell Township have sold for 1.1% less than they did a month ago.
Summary: The median home sold price in East Amwell Township was $667,500 in October 2024, down 1.1% from last month, and the median price per square foot was $407.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $425K | N/A |
| 3 Bedrooms | $445K | - | N/A |
| 4 Bedrooms | - | $910K | N/A |
| 5+ Bedrooms | $905K | - | N/A |
Summary: East Amwell Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in East Amwell Township, NJ
How many homes are available in East Amwell Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 30 | +25.0% |
Summary: The East Amwell Township real estate market had 30 homes for sale in October 2024, a 25.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The East Amwell Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Amwell Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in East Amwell Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for East Amwell Township, NJ
How long does it take to sell a home in East Amwell Township, NJ?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 6 Days | -90.6% |
Summary: Homes in East Amwell Township had an average of 6 days on market in Oct 2024, down by 90.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Amwell Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in East Amwell Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
