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***Please note that we pull Chatham NJ home sale prices and stats directly from the GSMLS , 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,or a listing had previously expired and was relisted, 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. February 2010 Home Sale Prices and Market Stats 
| CHATHAM BORO |
|
|
|
|
|
|
|
| Address |
Original List Price |
List Price at Sale |
Sale Price |
DOM |
Beds |
Baths |
Style |
| 16 Ellers Drive |
$379,000 |
$379,000 |
$350,000 |
165 |
3 |
1 |
Ranch |
| 49 Woodland Rd |
$465,000 |
$465,000 |
$434,000 |
77 |
3 |
1.1 |
SplitLev |
| 178 Weston Ave |
$1,199,000 |
$1,199,000 |
$1,200,000 |
126 |
4 |
2.1 |
Colonial |
| CHATHAM TOWNSHIP |
|
|
|
|
|
|
|
| Address |
Original List Price |
List Price at Sale |
Sale Price |
DOM |
Beds |
Baths |
Style |
| 261 Riveredge Dr |
$249,900 |
$249,900 |
$250,000 |
97 |
1 |
1 |
TwnEndUn |
| 25B Canterbury Road |
$345,000 |
$345,000 |
$327,500 |
236 |
2 |
1.1 |
FirstFlr |
| 88 Canterbury |
$399,900 |
$399,900 |
$360,000 |
227 |
2 |
2.1 |
TwnEndUn |
| 20 Chestnut Rd |
$549,000 |
$549,000 |
$512,000 |
17 |
4 |
3 |
Ranch |
| 2 Conger Ter |
$705,000 |
$705,000 |
$705,000 |
108 |
4 |
2.1 |
Colonial |
| 53 Meadowbrook Rd |
$849,000 |
$849,000 |
$770,000 |
66 |
4 |
2 |
Colonial |
AVERAGE DAYS ON MARKET:131 AVERAGE LISTING PRICE:$957,850
AVERAGE SALE PRICE: $517,312 % SALE PRICE / LIST PRICE:96%
Chatham Home sale Trends February 2009 thru February 2010
|
desc |
Feb.2009 |
Mar. |
April |
May |
June |
July |
Aug. |
|
Average Listing Price |
$1,142,163 |
$1,074,066 |
$1,078,399 |
$1,088,781 |
$1,056,826 |
$1,034,006 |
$1,024,664 |
|
Average Sale Price |
$953,583 |
$697,000 |
$1,000,267 |
$565,341 |
$795,721 |
$888,250 |
$870,714 |
|
%Sale Price to List Price Ratio |
95% |
95% |
93% |
97%
|
97% |
95% |
96% |
|
Days on Market |
91 |
83 |
41 |
45 |
71 |
95 |
70 |
|
# of Active
Listings |
167 |
189 |
203 |
176 |
181 |
180 |
154 |
|
# of Closed Listings |
6 |
5 |
9 |
13 |
22 |
5 |
23 |
|
desc |
Sept. |
Oct. |
Nov. |
Dec |
Jan |
Feb. 2010 |
|
Average Listing Price |
$1,007,942 |
$984,768 |
$980,500 |
$1,020,323 |
$1,000,768 |
$957,850 |
|
Average Sale Price |
$853,556 |
$704,751 |
$657,028 |
$842,243 |
$633,062 |
$517,312 |
|
% Sale Price to List Price Ratio |
95% |
96% |
95%
|
97% |
88% |
96% |
|
Days On Market |
134 |
108 |
48 |
61 |
68 |
131 |
|
# of Active Listings |
167 |
164 |
138 |
117 |
113 |
130 |
|
# of Closed Listings |
9 |
19 |
20 |
34 |
5 |
9 |
|
CHATHAMBORO |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average
|
SP/LP |
|
# Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
DOM |
% |
|
1 |
$249,500 |
$249,500 |
$0 |
$0 |
0 |
0% |
|
2 |
$415,967 |
$0 |
$0 |
$0 |
0 |
0% |
|
3 |
$635,483 |
$644,323 |
$640,350 |
$392,000 |
121 |
93% |
|
4 |
$777,487 |
$784,414 |
$870,400 |
$1,200,000 |
126 |
100% |
|
5 |
$1,752,000 |
$1,262,000 |
$1,375,000 |
$0 |
0 |
0% |
|
TOWN |
$783,339 |
$723,504 |
$828,840 |
$661,333 |
123 |
97% |
|
CHATHAM TWP |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average
DOM |
SP/LP |
|
# Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
|
|
|
1 |
$306,364 |
$302,250 |
$249,000 |
$250,000 |
97 |
100% |
|
2 |
$398,700 |
$0 |
$379,900 |
$343,750 |
232 |
92% |
|
3 |
$653,933 |
$515,850 |
$474,950 |
$0 |
0 |
0% |
|
4 |
$852,861 |
$874,738 |
$1,082,667 |
$608,500 |
63 |
97% |
|
5 |
$2,096,470 |
$1,944,333 |
$2,395,000 |
$0 |
0 |
0% |
|
TOWN |
$1,070,509 |
$847,542 |
$902,725 |
$430,900 |
137 |
96% |
|
ALL TOWNS |
$957,850 |
$779,616 |
$861,678 |
$517,312 |
131 |
96% |  CLICK BELOW TO VIEW
THE SALES AND STATS
BY MONTH
Data compiled from the GSMLS. Information deemed reliable, but not guaranteed.
If you're interested in a comparative market analysis for your Chatham home, just fill out the form below and Sue will contact you shortly.
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Selling Your Home >Full Disclosure
If you are about to list a home that you have lived there for many years, you know that it is not perfect. For example, there might be a leak in the basement that is noticeable only after a heavy rain. Your garage door might stick, and the dishwasher may be prone to work stoppages.
Every home has a few quirks. When it is time to sell your home, you have a choice of either making the necessary repairs or letting the buyers know about the problems. Material defects must be fully disclosed. Some buyers will order a structural inspection in order to learn exactly what they will be getting. Even if the buyers don't ask for an expert to look at the house, it is the seller's responsibility to disclose any known defects in the property. The seller's agent will provide the disclosure form, wherein the seller may itemize any problems. Sellers may avoid any real estate lawsuits over undisclosed defects by making repairs before the sale or agreeing to a price adjustment during the transaction if defects are discovered.
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| Q |
What is the highest skyscraper hotel in the world?
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| A |
The Grand Hyatt Shanhai in Pudong, Shanhai, China occupies the top 35 floors of the 88-story Jin Mao Tower, which at 1,378 feet is the tallest building in China and the third tallest building in the world. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
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