The real estate market in Union Township has seen some impressive activity recently, with one property commanding a grand price of $960,000, making it the most expensive home sold in the area between September 30th and October 13th. In this two-week period, a total of 18 residential properties exchanged hands, reflecting a vibrant market. These transactions had an average selling price of $504,556, equating to $322 per square foot, offering valuable insights into current property valuations in the region. While the data highlights properties recorded from those weeks...

...the actual sales may have occurred earlier. Delving deeper into the figures, potential buyers and sellers can gauge the health of the local real estate market. A higher average price can indicate strong demand and perhaps a competitive buying environment. Understanding the nuances of these transactions can help both investors and individuals looking for a new home make informed decisions. Real estate trends from other nearby areas like West New York and Hillsborough also shed light on regional market trends.

These places also reported remarkable sales within the same time frame, indicating a possibly broader trend affecting similar markets in the surrounding areas. Union Township's real estate statistics provide more than just numbers; they offer a snapshot of economic activity and potential growth. For buyers, it's crucial to recognize that peak prices like the $960,000 sale exemplified can influence market expectations, potentially driving overall area prices upward. Sellers stand to benefit from these trends by better understanding where their property stands...

...in comparison to others recently sold. With this knowledge, they can price their homes competitively while capitalizing on recent selling strategies.