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.