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

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South Orange Real Estate 2009 Year in Review

Published on March 15th, 2010 by | Filed Under: Buying a Home in NJ, Recent New Jersey Home Sales, Selling A Home in NJ, South Orange Living

Real Estate Trends in South Orange NJ - 2009 Year in Review

Real Estate Trends in South Orange NJ – 2009 Year in Review

Homes sold in 2009: 151 (vs. 175 in 2008)

Avg list price: $574,858 (2.5% lower than in 2008, $589,653)

Avg sale price in 2009: $530,707 (2008 sales price $571,405)

DOM: 76 in 2009 (vs. 67 in 2008)

LP:SP percentage: 95% (97% in 2008)

Homes Currently for Sale in South Orange, New Jersey

 

  1. Bill Fulton

    Has the market picked up during the 1st quater of 2010? In Orlando, our March closings were up 40% over 2009. Most think its fueled by the tax credit but there is some hope that investors have perceived a bottom and foreign money is moving in. And we’ve had average price increases each of the last two months although the average priceis still 19% below last year.

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

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About Perri

Perri K. Feldman

Contact Perri K. Feldman Your Neighborhood Expert

Mobile 973.650.4727

Office 973-376-0033

Email Perri@MidtownDirectHomes.com