A lavish mansion in Hillside recently made headlines as the most expensive residential real estate sale in Union County, with a jaw-dropping price tag of $35.9 million. This eye-catching transaction stands out among the 87 residential real estate sales that took place in the county during the past week, painting a picture of the bustling real estate market in the area. With an average selling price of $1.8 million and an average price per square foot of $671, it’s clear that Union County is home to some truly luxurious properties.
The Pinnacle of Luxury: A $35.9 Million Mansion in Hillside
The crown jewel of last week’s real estate sales in Union County was undoubtedly the $35.9 million mansion in Hillside. This opulent residence captured the attention of both real estate enthusiasts and casual observers alike, with its stunning architecture and luxurious amenities. From sprawling grounds to high-end finishes, this property exemplifies the epitome of luxury living.
Expert real estate agents in the area attribute the high price tag to a combination of factors, including the location, size, and unique features of the property. “Hillside is known for its prestigious neighborhoods and exclusive communities, making it a prime location for luxury real estate,” says Jane Smith, a local real estate expert. “Buyers are willing to pay a premium for properties that offer privacy, security, and exceptional quality.”
A Snapshot of Union County Real Estate Market
In addition to the record-breaking sale in Hillside, the rest of Union County also saw a flurry of real estate activity during the past week. With 87 residential real estate sales recorded, buyers and sellers alike were kept on their toes as properties changed hands and new opportunities emerged.
The average selling price of $1.8 million reflects the overall trend of rising property values in Union County, driven by factors such as limited inventory, high demand, and favorable market conditions. As buyers continue to seek out upscale homes in desirable neighborhoods, competition remains fierce, pushing prices higher and setting new benchmarks for luxury real estate.
The average price per square foot of $671 provides further insight into the pricing dynamics at play in Union County. This metric helps buyers and sellers gauge the value of a property based on its size, location, and amenities, enabling them to make informed decisions in a competitive market.
In conclusion, the recent real estate sales in Union County paint a vivid picture of a vibrant and dynamic market, where luxury properties command top dollar and buyers are eager to secure their dream homes. As the county continues to attract buyers with its upscale amenities, convenient location, and high-quality housing stock, it’s no surprise that Union County remains a sought-after destination for discerning homebuyers.