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Sue feels that if you are in the market to buy or sell real estate in Short Hills, Millburn, Summit, Maplewood, South Orange, Chatham, Madison or Livingston, it is important to understand the trends in Active Listings, Days on the Market, Under Contract Sales & Closed Sales so that you can make an educated decision.
CLICK BELOW TO VIEW SALE PRICES AND STATS FOR EACH MONTH since 2005!
Maplewood NJ Home Sales & Market Trends
South Orange NJ Home Sales & Market Trends
Millburn-Short Hills Homesale Trends March 2007 – March 2008
MaplewoodHome sale TrendsJuly 2007 – July 2008
July 2007
Aug.
Sept.
Oct.
Nov.
Dec.
Average Listing Price
$533,022
$512,681
$512,943
$485,274
$496,181
$473,875
Average Sale
Price
$628,452
$590,854
$570,208
$525,471
$521,250
$532,750
%Sale
Price to List Price Ratio
100%
98%
101%
97%
98%
97%
Days on Market
44
45
41
65
61
47
# of Active
Listings
169
166
186
187
160
145
# of Closed Listings
35
28
12
21
16
18
Jan.
Feb.
Mar.
April
May
June
July 2008
Average Listing Price
$476,904
$477,558
$496,180
$511,488
$483,033
$489,722
$468,482
Average Sale
Price
$552,455
$413,167
$519,033
$542,737
$466,857
$591,389
$533,421
%Sale
Price to List Price Ratio
96%
96%
98%
97%
98%
97%
97%
Days On Market
101
134
76
75
38
53
56
# of Active
Listings
149
179
184
203
205
214
202
# of Closed Listings
11
6
12
19
28
28
35
July 08
Active Listings
New Listings
Under Contract
Sold Listings
Average
DOM
SP/LP
# Beds
Avg LP
Avg LP
Avg LP
Avg LP
1
$216,613
$172,500
$169,000
$165,000
57
98%
2
$355,819
$361,667
$233,500
$219,700
54
98%
3
$412,001
$417,218
$442,271
$444,360
70
96%
4
$478,650
$514,625
$607,500
$518,983
55
97%
5
$700,584
$682,613
$750,600
$833,857
40
98%
TOWN
$468,482
$514,442
$529,995
$533,421
56
97%
South Orange Homesale Trends March 2007 – March 2008
- NUMBER1EXPERT™ 
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