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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.
Real Estate Market Chart by Altos Research www.altosresearch.com
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.

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Perri K Feldman

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