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March 2009 Home Sale Prices and Market Stats

MAPLEWOOD
| Address |
Original List Price |
List Price at Sale |
Sale Price |
DOM |
Beds |
Baths |
Style |
| 40A Meadowbrook Pl. |
$199,000 |
$172,500 |
$166,250 |
73 |
1 |
1 |
OneFloor,TwnIntUn |
| 105 Rutgers Street |
$300,000 |
$300,000 |
$268,000 |
107 |
4 |
2.1 |
Colonial |
| 201 Lexington Avenue |
$374,900 |
$333,900 |
$317,000 |
68 |
4 |
2 |
Colonial |
| 158 Franklin Avenue |
$349,000 |
$349,000 |
$342,000 |
7 |
3 |
2 |
Colonial,Tudor |
| 1 Mountain Avenue |
$350,000 |
$350,000 |
$405,888 |
206 |
5 |
1 |
Colonial,FixrUppr |
| 7 Amherst Court |
$450,000 |
$385,000 |
$375,000 |
121 |
3 |
1.1 |
Colonial |
| 13 Elberta Road |
$440,000 |
$412,000 |
$386,000 |
226 |
3 |
1.2 |
Colonial, |
| 37 Lancaster Ave |
$429,000 |
$429,000 |
$435,000 |
15 |
4 |
1 |
Colonial |
| 626 Valley St |
$450,000 |
$450,000 |
$450,000 |
16 |
4 |
2.1 |
Colonial, |
| 36 Madison Ave |
$585,000 |
$585,000 |
$575,000 |
15 |
5 |
2.2 |
Colonial, |
| 36 Washington Park |
$599,000 |
$599,000 |
$595,000 |
103 |
5 |
2.1 |
Colonial |
| 470 Richmond Ave |
$685,000 |
$685,000 |
$654,500 |
59 |
5 |
3.1 |
Colonial |
| 118 Oakview Ave |
$699,000 |
$699,000 |
$715,000 |
13 |
4 |
3.2 |
Tudor, |
| 198 Wyoming Ave. |
$798,765 |
$798,765 |
$790,000 |
86 |
5 |
2.1 |
Colonial |
AVERAGE DAYS ON MARKET:80 AVERAGE LISTING PRICE:$488,496
AVERAGE SALE PRICE:$462,474 % SALE PRICE / LIST PRICE:99%
Maplewood Home sale Trends March 2008 thru March 2009
|
desc |
Mar. 2008 |
April |
May |
June |
July |
Aug. |
|
Average Listing Price |
$496,180 |
$511,488 |
$483,033 |
$489,722 |
$468,482 |
$476,834
|
|
Average Sale Price |
$519,033 |
$542,737 |
$466,857 |
$591,389 |
$533,421 |
$595,273 |
|
%Sale Price to List Price Ratio |
98% |
97% |
98% |
97% |
97% |
98% |
|
Days on Market |
76 |
75 |
38 |
53 |
56 |
54 |
|
# of Active
Listings |
184 |
203 |
205 |
214 |
202 |
178 |
|
# of Closed Listings |
12 |
19 |
28 |
28 |
35 |
32 |
|
desc |
Sept. |
Oct. |
Nov. |
Dec. 2008 |
Jan. |
Feb. |
Mar. 2009 |
|
Ave List Price |
$448,845 |
$435,917 |
$442,491 |
$425,126 |
$448,497 |
$462,783 |
$488,496
|
|
Ave Sale Price |
$538,700 |
$489,164 |
$385,545 |
$478,056 |
$337,000 |
$380,200 |
$462,474 |
|
%Sale/List Price Ratio |
99% |
98% |
98% |
97% |
94% |
92% |
99% |
|
DOM |
68 |
119 |
119 |
71 |
102 |
80 |
80 |
|
# Active
Listings |
183 |
167 |
167 |
150 |
161 |
176 |
186 |
|
# Closed Listings |
16 |
13 |
13 |
19 |
12 |
10 |
14 |
|
March 2009 |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average
|
SP/LP |
|
# Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
DOM |
% |
|
1 |
$269,780 |
$169,000 |
$0 |
$166,250 |
73 |
96% |
|
2 |
$322,193 |
$352,750 |
$174,600 |
$0 |
0 |
0% |
|
3 |
$391,174 |
$463,144 |
$414,286 |
$367,667 |
118 |
96% |
|
4 |
$499,825 |
$545,577 |
$581,000 |
$437,000 |
44 |
99% |
|
5 |
$749,534 |
$860,833 |
$678,780 |
$604,078 |
94 |
100% |
|
TOWN |
$488,496 |
$613,174 |
$475,594 |
$462,474 |
80 |
99% |

SOUTH ORANGE
|
Address |
Original List Price |
List Price at Sale |
Sale Price |
DOM |
Beds |
Baths |
Style |
|
264 Tichenor Avenue |
$345,000 |
$345,000 |
$310,000 |
101 |
4 |
1.1 |
Colonial, |
|
491 W. South Orange Ave |
$449,000 |
$449,000 |
$449,000 |
42 |
3 |
2.1 |
Colonial, |
|
360 Cumberland Road |
$519,000 |
$495,000 |
$485,000 |
58 |
4 |
3 |
Colonial, |
|
300 North Ridgewood Road |
$499,000 |
$499,000 |
$490,000 |
45 |
5 |
3.1 |
Colonial, |
|
86 Jessica Way |
$549,900 |
$499,900 |
$490,000 |
111 |
3 |
2.1 |
Colonial, |
|
155 Glenview Rd |
$632,500 |
$575,000 |
$551,500 |
111 |
3 |
3 |
Contemp,Custom |
|
432 Hillside Pl |
$765,000 |
$732,000 |
$695,000 |
189 |
5 |
2.1 |
Colonial |
|
390 Charleton Ave |
$749,750 |
$749,750 |
$750,000 |
5 |
7 |
4.1 |
Colonial |
|
701 Longview Rd |
$929,000 |
$929,000 |
$910,000 |
7 |
3 |
2.1 |
Contemp |
AVERAGE DAYS ON MARKET 83 AVERAGE LISTING PRICE: $603,415
AVERAGE SALE PRICE: $527,563 % SALE PRICE / LIST PRICE: 97%
South Orange Home Sale Trends March 2008 thru March 2009
|
desc |
Mar.2008 |
April |
May |
June |
July |
Aug. |
Sept. |
|
Average Listing Price |
$670,564 |
$680,205 |
$685,958 |
$654,148 |
$670,046 |
$680,732 |
$663,764 |
|
Average Sale Price |
$527,667 |
$647,732 |
$572,182 |
$557,460 |
$609,500 |
$867,222 |
$529,896 |
|
%Sale /Ratio |
98% |
97% |
96% |
98% |
97% |
142% |
95% |
|
DOM |
60 |
37 |
48 |
109 |
62 |
66 |
64 |
|
#Active Listings |
147 |
170 |
171 |
177 |
172 |
174 |
177 |
|
#Closed Listings |
12 |
11 |
16 |
20 |
14 |
18 |
17 |
|
desc |
Oct. |
Nov. |
Dec. |
Jan. |
Feb. |
Mar.2009 |
|
Average Listing Price |
$655,885 |
$627,506 |
$605,693 |
$622,425 |
$621,842 |
$603,415 |
|
Average Sale Price |
$539,825 |
$623,168 |
$534,600 |
$458,500 |
$698,750 |
$527,563 |
|
%Sale Price to List Price Ratio |
96% |
95% |
96% |
97% |
94% |
97% |
|
Days On Market |
78 |
52 |
85 |
77 |
97 |
83 |
|
# of ActiveListings |
180 |
160 |
136 |
120 |
141 |
157 |
|
# of Closed Listings |
9 |
8 |
15 |
9 |
4 |
9 |
|
March 2009 |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average |
SP/LP |
|
# Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
DOM |
% |
|
1 |
$227,000 |
$169,000 |
$0 |
$0 |
0 |
0% |
|
2 |
$355,745 |
$319,000 |
$279,250 |
$0 |
0 |
0% |
|
3 |
$516,231 |
$604,591 |
$428,417 |
$496,833 |
88 |
98% |
|
4 |
$570,388 |
$602,057 |
$490,400 |
$397,500 |
80 |
95% |
|
5 |
$771,541 |
$673,071 |
$798,857 |
$645,000 |
80 |
98% |
|
TOWN |
$603,415 |
$581,757 |
$602,061 |
$527,563 |
83 |
97% |
Millburn/Short Hills
|
Address |
Original List Price |
List Price at Sale |
Sale Price |
DOM |
Beds |
Baths |
Style |
|
206 Main St |
$199,900 |
$199,900 |
$180,000 |
139 |
1 |
1 |
OneFloor |
|
35 Rawley Place |
$569,000 |
$529,000 |
$500,000 |
173 |
3 |
1.1 |
Colonial |
|
56 Maple Street |
$749,900 |
$749,900 |
$750,000 |
18 |
4 |
3.1 |
Colonial, |
|
250 Old Short Hills Rd |
$899,000 |
$799,000 |
$775,000 |
201 |
3 |
3 |
RanchExp,Custom |
|
314 Glen Ave |
$999,000 |
$850,000 |
$850,000 |
141 |
4 |
3.1 |
Tudor, |
|
91 Maple Street |
$950,000 |
$899,000 |
$860,000 |
23 |
4 |
3.1 |
Tudor, |
|
4 Quaker Road |
$1,095,000 |
$1,095,000 |
$1,080,000 |
29 |
4 |
3.1 |
RanchExp, |
|
50 Kean Road |
$1,995,000 |
$1,675,000 |
$1,525,000 |
126 |
5 |
3.2 |
Colonial |
|
50 Hilltop Rd |
$3,495,000 |
$2,750,000 |
$2,492,500 |
270 |
5 |
6.1 |
Colonial |
|
46 FARLEY RD |
$4,995,000 |
$4,395,000 |
$3,800,000 |
266 |
5 |
7.2 |
Custom |
AVERAGE DAYS ON MARKET:139 AVERAGE LISTING PRICE:$1,551,603
AVERAGE SALE PRICE:$1,281,250 % SALE PRICE / LIST PRICE:92%
Millburn/Short Hills Home sale Trends March 2008 thru March 2009
|
desc |
March 2008 |
April |
May |
June |
July |
Aug |
|
Average Listing Price |
$1,170,056 |
$1,612,035 |
$1,624,368 |
$1,676,628 |
$1,686,431 |
$1,761,248
|
|
Average Sale Price |
$1,191,250
|
$1,313,188 |
$1,361,130 |
$1,029,568 |
$1,307,943 |
$1,307,931 |
|
%Sale Price to List Price Ratio |
97% |
94% |
94% |
99% |
96% |
95% |
|
Days on Market |
67 |
37 |
45 |
40 |
42 |
50 |
|
# of Active
Listings |
153 |
164 |
167 |
159 |
140 |
110 |
|
# of Closed
Listings |
18 |
17 |
23 |
29 |
35 |
55 |
|
desc |
Sept. |
Oct. |
Nov. |
Dec. |
Jan. |
Feb. |
March 2009 |
|
Average Listing Price |
$1,777,399 |
$1,805,556 |
$1,799,771 |
$1,619,188 |
$1,870,533 |
$1,722,362 |
$1,551,603
|
|
Average Sale Price |
$1,117,797 |
$1,247,615
|
$839,778 |
$1,206,503 |
$1,473,583 |
$730,667 |
$1,281,250 |
|
%Sale Price to List Price Ratio |
97% |
96% |
96% |
96% |
95% |
98% |
92% |
|
Days On
Market |
42 |
65 |
56 |
51 |
65 |
48 |
139 |
|
# of Active
Listings |
119 |
123 |
109 |
97 |
106 |
118 |
154 |
|
# of Closed Listings |
16 |
13 |
9 |
10 |
6 |
7 |
10 |
|
March 09 |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average |
SP/LP |
|
# Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
DOM |
% |
|
1 |
$229,500 |
$260,000 |
$0 |
$180,000 |
139 |
90% |
|
2 |
$274,000 |
$274,000 |
$0 |
$0 |
0 |
0% |
|
3 |
$658,722 |
$653,013 |
$579,156 |
$637,500 |
187 |
96% |
|
4 |
$1,071,324 |
$1,034,737 |
$842,143 |
$885,000 |
53 |
99% |
|
5+ |
$2,422,647 |
$2,241,933 |
$1,798,333 |
$2,605,833 |
221 |
89% |
|
TOWN |
$1,551,603 |
$1,235,985 |
$868,547 |
$1,281,250 |
139 |
92% |
|
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