Is East Amwell Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Amwell Township has remained a Buyer's Market.
Key Takeaway
East Amwell Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Amwell Township, NJ
How much do homes in East Amwell Township, NJ cost?
Median Sold Price
$675,000
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Amwell Township have sold for 17.4% more than they did a year ago.
Summary: The median home sold price in East Amwell Township was $675,000 in April 2024, up 17.4% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $232.5K | $385K | +65.6% |
| 3 Bedrooms | $512.5K | $445K | -13.2% |
| 4 Bedrooms | $605K | $780K | +28.9% |
| 5+ Bedrooms | $753K | $706K | -6.2% |
Summary: East Amwell Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 65.6%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes increased by 28.9%, and 5+ bedroom homes decreased by 6.2%.
Median Sold Price Compared To Nearby Cities
| West Amwell Township | $535K | $675K | +26.2% |
| Delaware Township | $515K | $612.5K | +18.9% |
| East Amwell Township | $575K | $675K | +17.4% |
| Raritan Township | $491.2K | $517.9K | +5.4% |
Housing Supply in East Amwell Township, NJ
How many homes are available in East Amwell Township, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Summary: The East Amwell Township real estate market had 25 homes for sale in April 2024, a 8.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Amwell Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Amwell Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in East Amwell Township in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for East Amwell Township, NJ
How long does it take to sell a home in East Amwell Township, NJ?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Amwell Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in East Amwell Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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