What's Happening?
The Edison area saw 15 home sales from August 18 to August 24, with the median sale being a 1,582-square-foot home on Kenlen Drive, sold for $560,001. The transactions included properties ranging from $395,000 to $850,000, reflecting a diverse market. The data was provided by Real Estate Newswire, utilizing machine learning analysis from Propmix, a national real-estate data aggregator.
Why It's Important?
The range of home prices and sizes in Edison indicates a robust real estate market, appealing to various buyer demographics. The sales data can help real estate agents and buyers understand market trends, price points, and demand in the area. This information is vital for making informed decisions in property investments and sales strategies.