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
Real Estate Trends in Montclair NJ - 2009 Year in Review
2009 Real Estate statistics for Montclair NJ:
Avg list price of $697,924 was 1.3% higher in 2009, than in 2008 ($689,007)
There were 309 homes sold during 2009 (vs. 348 in 2008)
Avg sold price in 2009: $589,271 (vs. $740,717)
DOM: 79 (vs. 65 in 2008)
LP:SP percentage: 98% (vs. 100% in 2008)
Current Homes for Sale in Montclair, New Jersey
Real Estate Trends in Glen Ridge NJ - 2009 Year in Review
According to GSMLS records, here are some notable statistics about Real Estate sales in Glen Ridge NJ during 2009:
Avg list price: $590,197 (vs. $604,493 in 2008)
Avg sale price: $551,309 (vs. $591,714 in 2008)
Avg DOM: 63 (2008: 65)
LP:SP - 99% (vs. 101% in 2008)
Number of homes sold: 84 (vs. 115 in 2008)
Homes for Sale in Glen Ridge, New Jersey
[caption id="attachment_949" align="aligncenter" width="549" caption="Real Estate Trends West Orange NJ - 2009 Year in Review"]
In West Orange NJ during 2009, the average list price was $497,852
and the average sale price was $382,728 (down 8% from 2008).
There were 399 home sales in West Orange,
which averaged 90 days on market (DOM)
and had a final sales to list price ratio at 95% (down 2% from 2008).
Homes Currently for Sale in West Orange, New Jersey
I am always asked: "What is so special about Livingston, NJ?"
Plenty, first my husband grew up there and graduated from Livingston High School.
His family still lives there as do many of my cousins.
So, OK I may be partial!
There are homes for sale at every price point...
whether you want:
single family homes, town homes, upscale senior communities
or in-town living.
Livingston is ranked in the Top 20 NJ High Schools.
Commuting to New York is EASY on the Express Bus from
The Livingston Mall (40 minutes)
With the 2009 real estate slump, less homes were sold in Millburn/Short Hills
than the previous year (223 vs. 260).
However, Millburn/Short Hills benefits from having the # 1 High School in New Jersey
In addition, the town boasts strong cultural events with the
Papermill Playhouse and Metropolitan Orchestra
and of course premium shopping downtown and at The Short Hills Mall.
That said, the average home sale price fell from $1,216,231 in 2008
to $1,160,406 in 2009.
Of course days on market increased as a result of the economy
to 73 up...Continue Reading!
I think it is fair to say that most real estate buyers and sellers
are glad that 2009 is behind us.
In Maplewood, NJ (07040), home prices have fallen far less than the national average. The ease of commute to New York City on the Midtown Direct train line and wonderful downtown have kept housing prices in line.
Based on figures released from the Garden State MLS, 232 homes sold in Maplewood, NJ in 2009 with an average list price of $474,645 and average sale...Continue Reading!
Thirty-eight homes have gone Under Contract
in the past month in Summit, NJ...
thus putting the Summit housing market about 19% behind
2008 in number of home sales pending.
Average list price of the 163 homes currently on the market
is $1,187,509 (6% below 2008).
What are the prices of the homes selling in Summit, NJ?
8 Under $500,000
Why buy a home in Summit, NJ? NJ Magazine ranks Summit High School #20 in the state, the Midtown Direct Train Express puts you...Continue Reading!
It has been so wonderful watching the growth of our Keller Williams office over the past three years. Red KW signs are easily spotted in communities along and adjacent to the Midtown Direct train line
Representing both Buyers and Sellers, Keller Williams home sales are closing...not easy in this economy.
Just look at this one section of Short Hills. Out of the eighteen homes sold in the Hartshorn Grade School area in August 2008, Keller Williams represented ten transactions. Pretty good for an office...Continue Reading!
In September, 2008, the average list price of homes in Maplewood, NJ was $528,679. The average sales price of the sixteen homes sold was just below that at $521,843. Average Days on Market was 73.
What is interesting to note, is that Maplewood is back at 2005 price levels:
Maplewood Real Estate
Maplewood, NJ Homes Sold September 2008
19 Hickory Dr
665 Prospect St
23 Hoffman Street
513 Richmond Ave
8 Sunset Terr
636 Ridgewood Rd
21 Oberlin St.
125 Oakview Ave
74 Park...Continue Reading!
"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