UPDATE: The Edison real estate market is witnessing a surge, with a single-family home at 29 Wintergreen Ave. E selling for $715,000, making it the most expensive residential sale in the area for the week of November 3-9. This significant transaction highlights the growing demand for housing in Edison, as a total of 12 homes were sold, with an average price of $507,500.
The recent sales reflect a vibrant real estate climate, with prices per square foot averaging $377. These figures indicate a competitive market, drawing attention to the area for both buyers and investors alike.
Here are the top transactions that made headlines:
10. A charming single-family home at 8 Macarthur Drive sold for $350,000. The house, built in 1942, was finalized on October 15.
9. The detached residence at 78 Wildwood Ave. fetched $375,000. Built in 1927, the deal was completed on October 14.
8. A single-family house at 323 Talmadge Road sold for $398,000. The property, constructed in 1995, was finalized on October 15.
7. The home at 89 Hickory Street reached a sale price of $410,000. This house, built in 1952, had its deal finalized on October 15.
6. A 1,034-square-foot condominium at 1326 Waterford Drive sold for $415,000, translating to $401 per square foot. The sale was completed on October 16.
5. The property at 50 Riverview Ave. sold for $500,000. This detached house, built in 1917, features 1,298 square feet of living space and was finalized on October 16.
4. A sale was completed for a single-family house at 27 Sheppard Place for $595,000. Built in 1967, this property spans 2,432 square feet and was finalized on October 15.
3. At 26 Moryan Road, a home sold for $615,000. This property, built in 1959 and covering 1,350 square feet, had its deal finalized on October 14.
2. A condominium at 116 Prestwick Way reached a sale price of $617,000. Built in 1999, it offers 1,587 square feet of living space and was finalized on October 14.
The standout sale of the week, the home at 29 Wintergreen Ave. E, is a spacious 1,809-square-foot property, built in 1983. The price per square foot for this transaction was $395.
This week’s real estate activity is a strong indicator of the ongoing interest in Edison’s housing market. As buyers seek to secure properties in this desirable location, the trend suggests continued growth and investment opportunities.
Stay tuned for more updates on the Edison real estate market as it evolves!
