With home prices currently lower than usual, especially for the higher priced properties, it’s an excellent time to invest in Westfield real estate
Westfield, NJ (PRWEB) March 1, 2010
The Westfield, NJ real estate market remains strong and continues to weather current economic conditions, announced leading Westfield, NJ Realtor Shari Holtzman. While the average estimated home value has dipped somewhat – down 9.1 percent year-over-year from 2006-09 according to the most recent figures from the Zillow Home Value Index – historically, the market continues to show an increase in value.
“With home prices currently lower than usual, especially for the higher priced properties, it’s an excellent time to invest in Westfield, NJ real estate,” said Holtzman. “As it is, the median sales price here is already creeping up, which is indicative of the high desirability of homes in Westfield.”
With its picturesque, broad, tree-lined streets and quaint village ambience, Westfield in Union County, New Jersey has long attracted homebuyers. Westfield’s top rated schools and strong community involvement make it ideal for families, while its proximity to New York City also makes it appealing to young professionals, particularly with announced plans for construction of another tunnel that will offer Westfield a mid-town direct train line to Manhattan by 2016.
When it comes to available homes for sale, Westfield NJ offers numerous opportunities for buyers drawn to the town’s charm. Colonial or Victorian-type single-family residences that highlight the town’s rich history are plentiful, with most of them having undergone extensive remodeling and updating. Westfield’s landmark, old-fashioned downtown district features diverse shops and restaurants and received the Great American Main Street Award in 2004. In addition to offering a mix of independently owned shops and chain stores in its downtown, the primarily residential community provides a degree of cultural activity that is rare in a smaller town. Its local symphony and theatre draws rave review from locals and out of towners alike. It’s no wonder most would agree that Westfield has a big city appeal with a small town feel!
For more information on the community and its housing options, visit Holtzman’s recently updated Westfield real estate website, http://www.makenjhome.com