Short Hills and Millburn NJ Home Sales 2007

304 Homes SOLD in Millburn Township in 2007…

221 in Short Hills and 83 in Millburn.

Despite the state of the national real estate market, Millburn Township real estate grew in the past year with Average Sold Price up 2% and Volume of Homes Sold up 13% over 2006:

Short Hills
Average Sold Price:  $1,559,166
Average Days on Market (DOM):  65
Lowest Priced Home Sold:  $547,000
Highest Priced Home Sold:  $5,600,000
Average List Price:  $1,615,011
Sold/List Price Ratio:  .96
Millburn
Average Sold Price:  $602,348
Average Days on Market (DOM):  52
Lowest Priced Home Sold:  $217,500
Highest Priced Home Sold:  $1,400,000
Average List Price:  $608,440
Sold/List Price Ratio:  .99
 
The data above is from GSMLS which is deemed reliable but not guaranteed.