SEARCH HOMES FOR SALE IN HUNTERDON COUNTY WITH FREEMAN SMITH
As of January 2024, the median price for homes in Hunterdon County experienced an 8.5% increase from the previous year, reaching $473K. Properties typically remained on the market for an average of 32 days, consistent with the duration seen last year. Sales of homes in January saw a slight decrease, with 93 properties sold, compared to 104 in the same month the previous year.
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The luxury home market in Hunterdon County, NJ, as of January 2024, presents a diverse range of properties, from expansive acreages to estates with multiple bedrooms and baths. The market dynamics show a significant portion of sales in homes priced under $500,000 and a notable activity in the luxury segment, with properties priced at $1 million and upwards having a more extended inventory supply of around 12 months. This suggests that while there's a healthy interest in higher-end homes, they take longer to sell compared to lower-priced properties.
The overall real estate market in Hunterdon County is experiencing a tightening of inventory across all price ranges, with significant reductions especially in homes priced under $400,000. Sales have been declining on a year-over-year basis for 30 consecutive months, with early signs of price pullbacks in the higher price tiers.
The luxury segment remains active, with a continuous adjustment in interest rates influencing buying decisions. The market is characterized by a low supply, with Hunterdon County having just under two months of inventory, reflecting a seller's market, especially for well-priced and marketed homes
Investing in a luxury home in Hunterdon County offers an exquisite blend of upscale living, privacy, and breathtaking natural landscapes. The county is renowned for its serene countryside, historical sites, and vibrant communities, providing an ideal setting for high-end living with easy access to amenities and outdoor activities. This makes Hunterdon County perfect for those seeking a luxurious lifestyle amidst natural beauty and tranquility.
If you're seeking an exceptional home that combines elegance with the tranquility of countryside living, let Freeman Smith guide you to your dream luxury property. Reach out today for expert advice and to explore the exclusive listings Hunterdon County has to offer.
Uncover the beauty, history, and vibrant community of Hunterdon County with our comprehensive guide. From scenic landscapes to cultural treasures, our guide offers everything you need to explore the unique charm of Hunterdon County. Start your journey today and immerse yourself in the rich heritage and natural splendor of this captivating region.
Freeman's goal is to simplify a very complicated process and arrive at the very best for you, the client. With over 40 years of sales and negotiating experience, your needs will be placed before everything else.