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How’s the Real Estate Market
in Rahway? July, 2014
If you're planning on
buying or selling a home
in Rahway,
the first step is to
learn about the
Rahway real estate
market conditions.
Inventory
There are
currently 173
homes
offered for
sale in
Rahway and
they range in
price from
$61,300 to
$539,000. Ja
n-
12
Fe
b-
12
M
ar-
12
Ap
r-
12
M
ay-
12
Ju
n-
12
Jul
-
12
Au
g-
12
Se
p-
12
Oc
t-
12
No
v-
12
De
c-
12
Ja
n-
13
Fe
b-
13
M
ar-
13
Ap
r-
13
M
ay-
13
Ju
n-
13
Jul
-
13
Au
g-
13
Se
p-
13
Oc
t-
13
No
v-
13
De
c-
13
Ja
n-
14
Fe
b-
14
M
ar-
14
Ap
r-
14
M
ay-
14
Ju
n-
14
Jul
-
14
Series1 22 22 21 22 21 23 22 22 23 21 19 18 17 16 17 18 19 20 20 19 18 19 18 16 18 18 19 22 22 22 21
Series2 11 9 18 11 14 22 16 15 28 8 6 11 13 8 13 10 21 16 16 19 20 21 20 18 8 13 8 7 12 26 21
0
50
100
150
200
250
Homes
Active and Sold Listings - Rahway, NJ
Ja
n-
12
Fe
b-
12
M
ar-
12
Ap
r-
12
M
ay-
12
Ju
n-
12
Jul
-
12
Au
g-
12
Se
p-
12
Oc
t-
12
No
v-
12
De
c-
12
Ja
n-
13
Fe
b-
13
M
ar-
13
Ap
r-
13
M
ay-
13
Ju
n-
13
Jul
-
13
Au
g-
13
Se
p-
13
Oc
t-
13
No
v-
13
De
c-
13
Ja
n-
14
Fe
b-
14
M
ar-
14
Ap
r-
14
M
ay-
14
Ju
n-
14
Jul
-
14
Series1 22 22 21 22 21 23 22 22 23 21 19 18 17 16 17 18 19 20 20 19 18 19 18 16 18 18 19 22 22 22 21
Series2 11 9 18 11 14 22 16 15 28 8 6 11 13 8 13 10 21 16 16 19 20 21 20 18 8 13 8 7 12 26 21
0
50
100
150
200
250
Homes
Active and Sold Listings - Rahway, NJ
Inventory
12 month avg= 197
July 2014 = 218
July 2013 = 207
July 2012 = 228
July ‘12
July ‘13
July ‘14
12 month avg
Ja
n-
12
Fe
b-
12
M
ar-
12
Ap
r-
12
M
ay-
12
Ju
n-
12
Jul
-
12
Au
g-
12
Se
p-
12
Oc
t-
12
No
v-
12
De
c-
12
Ja
n-
13
Fe
b-
13
M
ar-
13
Ap
r-
13
M
ay-
13
Ju
n-
13
Jul
-
13
Au
g-
13
Se
p-
13
Oc
t-
13
No
v-
13
De
c-
13
Ja
n-
14
Fe
b-
14
M
ar-
14
Ap
r-
14
M
ay-
14
Ju
n-
14
Jul
-
14
Series1 22 22 21 22 21 23 22 22 23 21 19 18 17 16 17 18 19 20 20 19 18 19 18 16 18 18 19 22 22 22 21
Series2 11 9 18 11 14 22 16 15 28 8 6 11 13 8 13 10 21 16 16 19 20 21 20 18 8 13 8 7 12 26 21
0
50
100
150
200
250
Homes
Active and Sold Listings - Rahway, NJ
Inventory
12 month avg= 197
July 2014 = 218
July 2013 = 207
July 2012 = 228
July ‘12
July ‘13
July ‘14
12 month avg
Above average
inventory tends
to decrease
prices.
Prices
The average
selling price of
a home in
Rahway in July
was
$214,243.
0
50000
100000
150000
200000
250000
300000
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Average Sale Price and List Price - Rahway, NJ
0
50000
100000
150000
200000
250000
300000
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Average Sale Price and List Price - Rahway, NJ
Prices
12 month avg = $211,787
July 2014 = $ 214,243
July 2013 = $220,819
July 2012 = $180,091
July ‘12 July ‘13
July ‘14
0
50000
100000
150000
200000
250000
300000
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Average Sale Price and List Price - Rahway, NJ
Prices
12 month avg = $211,787
July 2014 = $ 214,243
July 2013 = $220,819
July 2012 = $180,091
July ‘12 July ‘13
July ‘14
Very small
price gains
over the past
12 months.
Days on Market
The average sold
home in
Rahway in July
was sold after
71 days.
0
50
100
150
200
250
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Average Days on Market - Rahway, NJ
0
50
100
150
200
250
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Average Days on Market - Rahway, NJ
Days on Market
12 month avg = 100
July 2014 = 71
July 2013 = 83
July 2012 = 136
July ‘12
July ‘13
July ‘14
0
50
100
150
200
250
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Average Days on Market - Rahway, NJ
Days on Market
12 month avg = 100
July 2014 = 71
July 2013 = 83
July 2012 = 136
July ‘12
July ‘13
July ‘14
Tremendous improvement
in the time it takes to sell
a home in Rahway!
What does this mean to you?
Prices are slowly increasing, but homes are
selling quickly.
If you’re planning to BUY a home, this might be
a great time to get a deal!
If you’re planning to SELL a home, you need to
make sure your home is in top showing
condition and that it’s priced right so that it
stands up to the competition!
Rahway Real Estate Market Report - July 2014

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Rahway Real Estate Market Report - July 2014