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Morris County New Jersey Home Sales January 2008

The Midtown Direct Train line had a positive effect on January 2008 home sale prices in Morris County As commuters were willing to add an additional twenty minutes onto their travel time, the benefit of lower taxes and larger lot sizes became much more appealing…keeping average sale price growth steady in Morris County, New Jersey. If you are […]

Maplewood, NJ 2007 Home Sales

294 Homes SOLD in Maplewood, NJ in 2007€¦ Maplewood Real Estate saw a decrease in Average Sold Price of 13%, a decrease of 2% in Volume of Homes Sold and a decrease of 4 days for Average Days on Market over 2006 (probably due to sellers being more realistic with pricing towards the end of 2007): Maplewood Average Sold Price:  $537,548 Average […]

December 2007 New Jersey Home Sales

Homes continued to sell in New Jersey during December 2007. 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 […]