Real Estate

Westfield Ranks No. 2 for Home Sale Prices in Union County

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New luxury homes in Westfield. The town ranked no. 2 for average home sale prices in Union County during 2015. Credits: Jackie Lieberman
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WESTFIELD, NJ —  Westfield ranked no. 2 for average home sale prices in Union County during 2015, according to just-released figures from the New Jersey Department of the Treasury.

The average home sale price in Westfield was $693,979. Summit ranked no. 1 in the county, with the average home sale price there at $979,176. The average home price in Union County was $448,497, while the state of New Jersey was $397,279.

Local experts theorized that Westfield’s amenities, as well as the homes themselves, contributed to the price tags.

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"One of the most popular categories of home sales in Westfield is new home sales, meaning new construction,” Weichert Realtor Nancy Kronheimer said. “Westfield has and continues to attract young families coming out of Manhattan, Hoboken and the boroughs who are accustomed to renovated condos/co-ops or apartments and want those amenities in their new home. They are drawn to Westfield because as their family grows, space becomes a big factor.  Buyers are hearing that affordability in Westfield is substantially greater then where they currently live.  The 1.2  to 1.6 million dollar market is hot here and there are many rooted local builders that have cornered the market on this buyer.”

Keller Williams Agent Shari Kopla noted that some of Westfield’s older homes have their own appeal, especially when they have been updated with modern features.

“I think the array of homes that have old-world charm and new-world conveniences, plus a bustling downtown and great schools, are what makes Westfield a place where people want to be,” Kopla said.

Additional reasons why people are attracted to Westfield, according to Kronheimer, include its family-friendly atmosphere, lots of recreational activities and proximity to New York City with access to transportation and major roadways.

Union County Average Home Sales in 2015

1.     Summit: $979,176

2.     Westfield: $693,979

3.     Mountainside: $631,557

4.     New Providence: $601,323

5.     Berkeley Heights: 564,901

6.     Scotch Plains: $520,637

7.     Cranford: $444,439

8.     Fanwood: $430,613

9.     Clark: $417,180

10.  Garwood: $366,114

11.  Springfield: $361,409

12.  Kenilworth: $314,505

13.  Union: $285,165

14.  Roselle Park: $254,519

15.  Plainfield: $248,514

16.  Linden: $245,054

17.  Elizabeth: $230, 809

18.  Rahway: $228,056

19.  Hillside: $227,112

20.  Roselle: $170,014

To see the full list of Union County and statewide home sale prices, click here

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