How is the South Orange Real Estate Market?

South Orange, NJ currently has 134 homes for sale
at an average list price of $621,361.
Homes have been on the market on average 98 days.

So what priced homes are selling in South Orange, New Jersey?

Twenty-Three homes went Under Contract
in South Orange, New Jersey this past month.

3   Under $300,000
8   $301,000-$400,000
2   $401,000-$500,000
2   $501,000-$600,000
5   $601,000-$700,000
2   $701,000-$999,999
1   $1,000,000+
The average list price of those homes was $506,300 and they were only on the market for 69 days on average.

How does that compare to last year? Pending sales are down about 18% from the same time period in 2008.
What does that mean for home buyers in South Orange? With historically low interest rates and terrific prices, now is a great time to buy a home in South Orange. Call Perri @ 973.650.4727 or email  to learn first hand about South Orange real estate for sale.