South Orange NJ Home Sales First Half 2008
South Orange, NJ home sales for the first six months of 2008 saw a 19% drop in volume and a 10% drop in average price of homes sold versus last year.
The good news is that buyers are continuing to view properties in town and that homes that are priced well are selling. Average Days on Market are up only 1% over the first six months of 2007.
So if you are looking for a 3-4 bedroom home thirty minutes from New York City, South Orange has wonderful values with the average price of homes sold currently at $575,503.
There are currently 177 homes on the market in South Orange, the same as were on at this point last year. Want to see what is available? Contact Perri K. Feldman @ 973.650.4727 or see for yourself online