Linden Real Estate Market Report - August 2016
By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Linden home buyers and home sellers need to understand the Linden real estate market. Here's what you need to know for August, 2016.Inventory: There are 255 single family homes offered for sale in Linden. This is a much lower inventory than we saw last July and may result in a price increase this fall. There were 25 homes sold in Linden in July of 2016. This is typical for July sales in Linden and, coupled with a lower than normal inventory, this may help to shrink the inventory even more.There is very little change in inventory over 4 years. Prices: The average home that was sold in Linden in July of 2016 was sold for $226,970. Although this sale price does not reflect a dramatic improvement, slow improvements over the last several years appear to have made an impact on sale prices. Th...
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