Short Hills, Millburn, Livingston, New Jersey and Midtown Direct Real Estate, Home Buying and Selling, Top Realtor, Perri K. Feldman

Contact Perri K. Feldman 973.650.4727

December 2007 New Jersey Home Sales

Published on January 2nd, 2008 by | Filed Under: NJ First Time Home Buyers, Recent New Jersey Home Sales

Homes continued to sell in New Jersey during December 2007.SOLD

Prices were down about 11% from the previous month.

Average Days on Market (DOM) were only two months in December versus three months in November.

Why? 

Sellers realized that well priced homes will sell and Buyers took advantage of year end “specials.”

Below are the December (12/1/2007€“12/31/2007) closed sales of single family homes provided by the Garden State MLS.November 2007 Home Sales   

December 2007 HOME SALES              

December 2007 Closed Sales

  1. John C

    How did New Jersey home sales compare this December versus 2006, or 2005?

    Thanks,

    John C

  2. NJ Real Estate Wire

    Great question John, I just looked over the numbers, and for the most part, New Jersey December ’07 home sale prices were up over ’06 and at par or slightly better than ’05. Volume, however, was equal or down from the previous two years. Days on Market (DOM) was equal to last year’s but still 30%-50% higher than the 2005.

    Perri

About Perri

Perri K. Feldman

"Perri was very reactive AND proactive. Clearly, she has an excellent grasp of the towns and counties she covers and went the extra mile to educate us on an area we were not entirely familiar with." Steve & Laura Lee

Featured Categories

About Perri

Perri K. Feldman

Contact Perri K. Feldman Your Neighborhood Expert

Mobile 973.650.4727

Office 973-376-0033

Email [email protected]