UPDATE: In a notable surge in real estate activity, the Hamilton area reported four home sales from October 20 to October 26, highlighting a robust housing market. The most significant transaction featured a 1,400-square-foot home located at 12 Atrium Drive in Bordentown Township, which sold for $430,000.
This latest data reflects a growing demand for properties in the region, as buyers capitalize on favorable market conditions. The median sale price for homes in this timeframe was an impressive $307 per square foot, illustrating the increasing value of the Hamilton housing market.
Here are the completed transactions for the week:
– Bordentown Township: 12 Atrium Drive, sold for $430,000, 1,400 sq ft, $307/sq ft
– Hamilton: 26 Kingston Blvd., sold for $405,000, 1,915 sq ft, $211/sq ft
– Hamilton: 9 Tar Heels Road, sold for $525,000, 1,715 sq ft, $306/sq ft
– Trenton: 110 Alfred Ave., sold for $210,000, 864 sq ft, $243/sq ft
The recent transactions indicate a diverse range of properties sold, appealing to various buyer needs and budgets. This uptick in sales not only signifies a healthy real estate market but also impacts the local economy, bringing in new residents and fostering community growth.
Local real estate experts suggest that this trend may continue as interest rates remain manageable and the demand for homes in the Hamilton area rises. Potential buyers are urged to act swiftly, as properties are likely to move quickly in this competitive market.
For those interested in the latest real estate news, stay tuned for further updates on home sales in surrounding areas, including Edison, Jackson, and Elizabeth, also reported for the same period.