$7,113 Closing Credit*
$599,000
8 Beds
•2 Full Baths
Listing Office: KELLER WILLIAMS PARK VIEWS
Is Weequahic, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Weequahic has remained a Buyer's Market.
Key Takeaway
Weequahic is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Weequahic, NJ
How much do homes in Weequahic, NJ cost?
Median Sold Price
$545,000
-
Based on all homes sold in December 2024.
Difference Since Last Month
+$37,500(+7.4%)
Key Takeaway
Homes in Weequahic have sold for 7.4% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $485K | $485K | 0.0% |
| 5+ Bedrooms | $557.5K | $585K | +4.9% |
Summary: Weequahic housing prices by bedroom type for December 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 increased by 4.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Clinton Hill | $460K | $519K | +12.8% |
| Weequahic | $507.5K | $545K | +7.4% |
| South Ward | $497.5K | $532K | +6.9% |
Housing Supply in Weequahic, NJ
How many homes are available in Weequahic, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 71 | 78 | +9.9% |
Summary: The Weequahic real estate market had 78 homes for sale in December 2024, a 9.9% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 46 | 54 | +17.4% |
Summary: The Weequahic housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 17.4%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Weequahic, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Weequahic in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Weequahic, NJ
We’re sorry, we don't have information for this market at the moment
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