In the bustling Paterson area, a total of 19 home transactions were recorded from January 27 to February 2, giving us a peek into the real estate market in this vibrant community. Among these sales, one property stood out as the median sale—a charming 1,498-square-foot home on East 35th Street in Paterson, fetching $465,000. Let’s delve deeper into the details of these intriguing transactions and gain insights into the evolving housing landscape in this dynamic region.
Exploring the Home Sales in Paterson
As we peruse the list of home transfers in Paterson during this period, we uncover a variety of properties changing hands, each with its unique charm and character. From quaint residential abodes to spacious family homes, the diversity in housing options is apparent in these transactions.
Starting off the list is 110 Warren Street, Paterson, a property that was sold for $185,000. This 1,220 square-foot dwelling was priced at $152 per square foot, reflecting the affordability of certain homes in the area. Moving along, we encounter 748 E. 18th Street, Paterson, a more expansive property spanning 2,513 square feet and selling for $222,561, at a rate of $89 per square foot.
One notable transaction that catches the eye is the sale of 450 Kearney Street, Paterson, fetching a hefty sum of $656,000. This 1,612 square-foot property commanded a price of $407 per square foot, indicating the premium attached to certain homes in sought-after locations within the city.
Insights and Analysis of the Real Estate Market
Real Estate Newswire, a service offered by United Robots, provides a comprehensive analysis of the data derived from Propmix, a prominent aggregator of national real estate information. Through their detailed reports, we gain valuable insights into the trends shaping the housing market in Paterson and beyond.
With a keen focus on Hillsborough, Montclair, West Orange, Perth Amboy, and Washington Township, Real Estate Newswire offers a holistic view of home sales in these regions during the same period. By leveraging machine learning algorithms, United Robots delivers accurate and up-to-date information to guide prospective buyers and sellers in making informed decisions.
In a dynamic real estate landscape where prices fluctuate and demand ebbs and flows, having access to reliable data and expert analysis is crucial for navigating the market with confidence. Whether you are a first-time homebuyer, a seasoned investor, or a curious observer, staying abreast of the latest trends and developments can empower you to make sound choices in your real estate endeavors.
By providing a comprehensive overview of home transfers in Paterson and neighboring areas, Real Estate Newswire equips readers with the knowledge needed to understand the nuances of the local housing market. From median sale prices to square-footage rates, each transaction tells a story of its own, reflecting the aspirations and dreams of those involved in the buying and selling process.
As we reflect on the vibrant real estate scene in Paterson and beyond, we are reminded of the ever-evolving nature of the housing market and the opportunities it presents for both buyers and sellers. By harnessing the power of data-driven insights and expert analysis, we can navigate this dynamic landscape with clarity and confidence, making informed decisions that align with our goals and aspirations.