There are currently 58 homes listed for sale. There have been 40 listings sold and closed since January.
There are 6 homes under contract. The average sales price was $510,282, and the highest was $860,000. During the same period in 2008, there were 24 sales averaging $556,500 with the highest being $1,40,000.
In the last month there were 21 new listings, 7 price changes, 2 houses went under contract and 10 sales closed.
Friday, October 23, 2009
Wednesday, October 21, 2009
Berkeley Heights Update
Number of Berkeley Heights homes currently for sale: 14. There are 3 homes currently under contract.
So far in 2009 there have been82 closed sales, with an average sales price of $585,165. The highest sale price so far in 2009 was $921,000. `During the same period of 2008, there were 46 sales averaging $555,000. The highest price paid was $1,350,000.
In the last month, there have been 23 new listings, 16 price changes, 11 homes go under contract and 14 closed sales.
So far in 2009 there have been82 closed sales, with an average sales price of $585,165. The highest sale price so far in 2009 was $921,000. `During the same period of 2008, there were 46 sales averaging $555,000. The highest price paid was $1,350,000.
In the last month, there have been 23 new listings, 16 price changes, 11 homes go under contract and 14 closed sales.
Tuesday, October 20, 2009
Watchung real estate update
Watchung just had its first residential closing of a over amillion dollars since January.
Currently in Watchung there are 57 single family homes for sale. (active listings.
There are 10 single family homes under contract.
In the last month there were 13 price changes, 7 homes went under contract, and there were3 closed sales.
Year to date there have been 40 sales of single family homes.
The average sales price was:464,666
The average days on the market was.127 days
Under $1 million,
Threre are 35 homes for sale.
Priced Over $1000,000, there are 22 listings. In the last month with an average price of $1.73Million; 2 houses went under contract and 2 sales closed. The top closed price was $1.5Million
During the same period in 2008, there were: closed sales: 10. The average sold price was 813,550 and the highest price was $2.2Million
The average time on the market was: 105 days
Currently in Watchung there are 57 single family homes for sale. (active listings.
There are 10 single family homes under contract.
In the last month there were 13 price changes, 7 homes went under contract, and there were3 closed sales.
Year to date there have been 40 sales of single family homes.
The average sales price was:464,666
The average days on the market was.127 days
Under $1 million,
Threre are 35 homes for sale.
Priced Over $1000,000, there are 22 listings. In the last month with an average price of $1.73Million; 2 houses went under contract and 2 sales closed. The top closed price was $1.5Million
During the same period in 2008, there were: closed sales: 10. The average sold price was 813,550 and the highest price was $2.2Million
The average time on the market was: 105 days
Warren NJ real estate update
There are currently 142 houses listed for sale.
In the last month, there were 30 new listings; 4 listings went back on the market; there were 23 price changes; 12 houses went under contract; there were 10 closed sales. The highest sales price was $1,305,000; the average sale price was $611,272 and the average days on market was 75.
Since the beginning of 2009, there have been 82 closed sales with an average price of $786,680 and an average days on market of 99 days. The highest price paid so far this year is $2,500,000. By comparison, during the first 10.5 months of 2008, there were 36 closed sales with an average price of 801,781 and an average days on market of 72 days. The highest price paide was $2.200,000.
In the last month, there were 30 new listings; 4 listings went back on the market; there were 23 price changes; 12 houses went under contract; there were 10 closed sales. The highest sales price was $1,305,000; the average sale price was $611,272 and the average days on market was 75.
Since the beginning of 2009, there have been 82 closed sales with an average price of $786,680 and an average days on market of 99 days. The highest price paid so far this year is $2,500,000. By comparison, during the first 10.5 months of 2008, there were 36 closed sales with an average price of 801,781 and an average days on market of 72 days. The highest price paide was $2.200,000.
I've moved home.
This month after 14 years servicing the Hudson County residential real estate market, I have joined the office of RE/MAX Premier in Warren, NJ as a broker associate. I have resided in the area for 20 of the last 30 years. I was an AT&T management transferee in 1979, moving to NJ for what I thought would be a 3-year headquarters assignment. I'm still here. I began my full time real estate career here in 1991 and will again be serving residential home buyers and sellers in the Watchung Hills area of Warren and Watchung, and the surrounding communities of Berkeley Heights, New Providence, Long Hill Township, North Plainfield and Plainfield.
I can be reached by phone at 908-754-1500 x 152 or directly at 800-671-0596 x1.
I can be reached by phone at 908-754-1500 x 152 or directly at 800-671-0596 x1.
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