Cedar Glen West, NJ Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Cedar Glen West, NJ is $55,000, down 38.2% year-over-year. Homes sell in an average of 22 days with 22 active listings. The market is currently a buyer's market.
$55,000median sale price
Is Cedar Glen West a buyer's or seller's market?
Cedar Glen West, NJ is currently a buyer's market, based on 7.3 months of supply and homes selling in about 22 days. How we determine this →
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
Cedar Glen West, NJ market data
| Metric | Value |
|---|---|
| Median sale price | $55,000 |
| Median list price | $150,000 |
| Year-over-year price change | -38.2% |
| Average days on market | 22 days |
| Active inventory | 22 listings |
| Months of supply | 7.3 months |
| Sale-to-list price ratio | 94.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
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
Homes for sale in Cedar Glen West
There are currently 22 homes listed for sale in Cedar Glen West, New Jersey. The median listing price is $150K.
Active listings
22
Homes on market
Median list price
$150K
Avg. days on market
22
Days until sale
New this week
7
Newly listed
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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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