$10,000 Closing Credit*
$1,175,000
2 Beds
•2 Full Baths
Listing Office: SIGNATURE REALTY NJ
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 Buyer's Market.
Key Takeaway
East Amwell Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Amwell Township, NJ
How much do homes in East Amwell Township, NJ cost?
Median Sold Price
$1,175,000
$644/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$507,500(+76.0%)
Key Takeaway
Homes in East Amwell Township have sold for 76% more than they did a month ago.
Summary: The median home sold price in East Amwell Township was $1,175,000 in November 2024, up 76% from last month, and the median price per square foot was $644.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.9M | N/A |
| 2 Bedrooms | $425K | - | N/A |
| 3 Bedrooms | - | $590K | N/A |
| 4 Bedrooms | $910K | $1.8M | +100.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: East Amwell Township housing prices by bedroom type for November 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 increased by 100.5%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 34 | +6.3% |
Summary: The East Amwell Township real estate market had 34 homes for sale in November 2024, a 6.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 9 | 14 | +55.6% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The East Amwell Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 55.6%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Amwell Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in East Amwell Township in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 62 Days | +933.3% |
Summary: Homes in East Amwell Township had an average of 62 days on market in Nov 2024, up by 933.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was 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 November 2024, 6 homes were sold in East Amwell Township; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
