Cedar Glen West, NJ

Buyer's market-38.2% YoY

Housing market overview · Updated weekly

$55,000median sale price

Homes sold

3

Last 12 weeks

Days on market

22

Average pace

Active listings

22

7.3 months supply

Sale-to-list

94.0%

Below asking

The Cedar Glen West housing market is currently classified as a buyer's market with a median sale price of $55,000. Prices have fallen 38.2% compared to last year, with homes spending an average of 22 days on market, indicating 7.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Cedar Glen West?

The median home sale price in Cedar Glen West is $55,000, down 38.2% from last year.

How long do homes stay on market in Cedar Glen West?

Homes typically spend 22 days on market before going under contract.

Is Cedar Glen West a buyer's or seller's market?

With 7.3 months of supply, Cedar Glen West is currently a buyer's market.

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