Watchung, NJ
Housing market overview · Updated weekly
$969,500median sale price
Homes sold
4
Last 12 weeks
Days on market
13
Fast-moving
Active listings
10
2.5 months supply
Sale-to-list
96.9%
Below asking
The Watchung housing market is currently classified as a seller's market with a median sale price of $969,500. Prices have fallen 34.3% compared to last year, with homes spending an average of 13 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Watchung?
The median home sale price in Watchung is $969,500, down 34.3% from last year.
How long do homes stay on market in Watchung?
Homes typically spend 13 days on market before going under contract.
Is Watchung a buyer's or seller's market?
With 2.5 months of supply, Watchung is currently a seller's market.
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