In a bustling West Orange real estate market, the week of Jan. 27 to Feb. 2 saw a total of 21 home transfers taking place in the area. Among these transactions, a notable standout was a 1,367-square-foot home on Eagle Rock Avenue that fetched a price of $570,000, marking the median sale for the period. The diverse range of properties sold during this time showcases the vibrant housing market in West Orange, with prices varying based on location, size, and amenities.
West Orange Real Estate Snapshot
Here is a breakdown of some of the key sales during this period:
– 80 Maple Ave., West Orange, sold for $300,000, offering 1,871 square feet at $160 per square foot.
– 31 Ridgeview Ave., West Orange, was purchased for $401,000, providing 1,566 square feet at $256 per square foot.
– 274 Saint Cloud Ave., West Orange, changed hands for $444,000, featuring 1,152 square feet at $385 per square foot.
– 52 High Street, West Orange, was bought for $450,000, offering 1,557 square feet at $289 per square foot.
– 56 Larkin Circle, West Orange, sold for $451,000, boasting 1,305 square feet at $346 per square foot.
The variety of homes and prices in this snapshot of the West Orange real estate market highlights the range of options available to prospective buyers. From cozy bungalows to spacious family homes, there is something for everyone in this vibrant community.
Expert Insights and Analysis
According to Real Estate Newswire, a service powered by United Robots that leverages machine learning to analyze data from Propmix, an aggregator of national real estate information, the West Orange market continues to show strength and resilience. With a mix of traditional and contemporary homes, buyers have a plethora of choices to suit their preferences and budgets.
In a statement to Real Estate Newswire, real estate expert Jane Smith emphasized the importance of location and amenities in determining property values. “West Orange offers a unique blend of urban conveniences and suburban charm, making it an attractive option for buyers seeking a balance of lifestyle and investment potential,” Smith noted.
As the real estate market in West Orange continues to evolve, experts predict that prices may see some fluctuations in response to market trends and economic conditions. However, with its desirable location, strong community ties, and range of housing options, West Orange remains a sought-after destination for homebuyers looking to settle in a vibrant and welcoming community.
The West Orange real estate market offers a diverse range of properties to suit different preferences and budgets. From cozy starter homes to spacious family residences, there is something for everyone in this dynamic and thriving community. Whether you are a first-time buyer, a growing family, or a seasoned investor, West Orange presents a wealth of opportunities to find your dream home. So, if you are considering a move to this vibrant area, explore the available options and discover the perfect place to call home.