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***Please note that we pull this information from the GSMLS statistics, and "Original Listing Price" and "Days On Market" is of its current listing, not the full history of a listing. For example,if the listing agent took it off the market to change the price and put it back on as a new listing, the previous listing is not included in gsmls' Original List Price or Days On Market calculations. If you'd like to know the complete history of a specific listing, we'll be happy to get you that information. Furthermore, when we pull comps for you prior to any home purchase, we will provide a more in depth analysis for you. May 2009 Home Sale Prices and Market Stats 
|
Address |
Original List Price |
List Price at Sale |
Sale Price |
DOM |
Beds |
Baths |
Style |
|
81 Potomac Dr |
$209,000 |
$199,900 |
$195,000 |
74 |
1 |
1 |
OneFloor |
|
23 Commonwealth |
$234,000 |
$234,000 |
$227,000 |
12 |
2 |
1 |
FirstFlr |
|
79 Baldwin Ct |
$237,000 |
$237,000 |
$233,000 |
28 |
2 |
2 |
FirstFlr |
|
71 Smothfield Ct |
$237,000 |
$237,000 |
$233,000 |
5 |
1 |
1 |
FirstFlr |
|
115 Jamestown Rd |
$245,500 |
$245,500 |
$235,000 |
29 |
2 |
1 |
FirstFlr |
|
185 Potomac Drive |
$254,900 |
$254,900 |
$247,500 |
54 |
2 |
1 |
OneFloor |
|
9 Alexandria Way |
$265,500 |
$258,000 |
$243,700 |
29 |
2 |
2 |
FirstFlr |
|
3005 Hemlock Pl |
$299,900 |
$269,000 |
$265,000 |
169 |
2 |
1.1 |
TwnEndUn |
|
67 Baldwin Ct |
$276,000 |
$270,000 |
$262,000 |
91 |
2 |
2 |
OneFloor |
|
142 Smithfield Court |
$283,900 |
$283,900 |
$275,000 |
7 |
2 |
2 |
TwnIntUn |
|
62 Woodward Lane |
$314,000 |
$299,900 |
$270,000 |
249 |
2 |
2.1 |
TwnIntUn |
|
192 Irving Pl |
$299,900 |
$299,900 |
$285,000 |
23 |
2 |
2.1 |
TwnIntUn |
|
20 Commonwealth Dr |
$329,000 |
$313,000 |
$309,000 |
148 |
2 |
2 |
OneFloor |
|
171 Locust Ln |
$369,000 |
$369,000 |
$367,000 |
0 |
2 |
2.1 |
TwnEndUn |
|
38 Valley View Dr |
$369,900 |
$369,900 |
$340,000 |
71 |
3 |
3 |
TwnEndUn |
|
100 Madisonville Rd |
$450,000 |
$450,000 |
$425,000 |
23 |
3 |
2.2 |
CapeCod |
|
4 Vail Ter |
$475,000 |
$475,000 |
$481,000 |
28 |
4 |
2.1 |
Colonial |
|
46 Cross Road |
$552,000 |
$499,000 |
$487,000 |
154 |
4 |
2.1 |
SplitLev |
|
17 Wayne Ter |
$499,000 |
$499,000 |
$450,000 |
20 |
3 |
2.1 |
Bi-Level |
|
14 Riggs Ct |
$529,000 |
$529,000 |
$430,000 |
81 |
3 |
2.1 |
TwnIntUn |
|
11 Lurline Dr |
$579,000 |
$539,000 |
$500,000 |
90 |
4 |
2.1 |
SplitLev |
|
5 Georgian Court |
$549,000 |
$549,000 |
$520,000 |
31 |
3 |
2.1 |
TwnIntUn |
|
252 Patriot Hill Dr. |
$619,900 |
$574,500 |
$563,200 |
121 |
3 |
2.1 |
TwnIntUn |
|
26 Dexter Dr North |
$659,000 |
$625,000 |
$595,000 |
57 |
2 |
3 |
OneFloor |
|
38 Oak Ridge Road |
$635,000 |
$635,000 |
$610,000 |
18 |
3 |
1.1 |
Colonial |
|
105 Landau Road |
$899,999 |
$799,999 |
$792,500 |
345 |
4 |
4.1 |
Colonial |
|
32 Normandy Ct |
$974,500 |
$974,500 |
$974,500 |
32 |
5 |
4.1 |
Custom |
|
31 Clairvaux Court |
$1,569,000 |
$1,285,000 |
$1,150,000 |
361 |
5 |
4.1 |
Colonial |
|
10 Canterbury Way |
$1,425,000 |
$1,299,000 |
$1,250,000 |
56 |
4 |
3.1 |
Colonial |
AVERAGE DAYS ON MARKET:74 AVERAGE LISTING PRICE:$851,641
AVERAGE SALE PRICE:$422,008 % SALE PRICE / LIST PRICE:97%
Bernards-Basking Ridge Home sale Trends May 2008 thru May 2009
|
desc |
May 2008 |
June |
July |
Aug. |
Sept. |
Oct. |
|
Average Listing Price |
$923,042 |
$925,852 |
$904,319 |
$916,697
|
$887,475 |
$864,100 |
|
Average Sale Price |
$514,026 |
$711,362 |
$738,308 |
$728,905 |
$697,796 |
$698,705 |
|
%Sale Price to List Price Ratio |
95% |
96% |
96% |
97% |
96% |
96% |
|
Days on Market |
64 |
68 |
69 |
74 |
76 |
84 |
|
# of Active
Listings |
276 |
283 |
269 |
244 |
255 |
270 |
|
# of Closed Listings |
26 |
52 |
40 |
40 |
30 |
23 |
|
desc |
Nov. |
Dec. |
Jan |
Feb. |
March |
April |
May 2009 |
|
Average Listing Price |
$880,089
|
$884,553 |
$846,699 |
$880,865 |
$880,626
|
$877,269 |
$864,100 |
|
Ave. Sale Price |
$580,406
|
$627,750 |
$671,850 |
$306,990 |
$640,889 |
$637,521 |
$422,008 |
|
%Sale Price to List Price Ratio |
96% |
96% |
94% |
96% |
93% |
96% |
97% |
|
Days On Market |
72 |
93 |
72 |
115 |
103 |
86 |
74 |
|
# of Active Listings |
254 |
224 |
219 |
250 |
290 |
324 |
319 |
|
# of Closed Listings |
16 |
13 |
13 |
12 |
19 |
25 |
29 |
|
May 09 |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average |
SP/LP |
|
# Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
DOM |
% |
|
1 |
$250,854 |
$262,450 |
$226,800 |
$214,000 |
40 |
98% |
|
2 |
$333,454 |
$313,304 |
$262,500 |
$268,267 |
70 |
97% |
|
3 |
$606,176 |
$545,669 |
$506,150 |
$505,833 |
41 |
100% |
|
4 |
$984,215 |
$941,468 |
$824,677 |
$679,500 |
82 |
97% |
|
5 |
$1,594,720 |
$1,177,283 |
$1,133,533 |
$1,150,000 |
361 |
89% |
|
TOWN |
$851,641 |
$631,368 |
$708,511 |
$422,008 |
74 |
97% | 
CLICK BELOW TO VIEW THE SALES AND STATS BY MONTH
Bernards-Basking Ridge
Interested in a complimentary market analysis of your Basking Ridge NJ home? Just fill out the form below, and Sue will be in touch with you shortly.
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