Short Hills NJ real estate, Millburn NJ real estate, Summit NJ real estate and Maplewood NJ real estate, search homes for sale in New Jersey, NJ home sale prices - Sue Adler, REALTOR® Sue Adler REALTOR(r) for Short Hills, Millburn, Summit and Maplewood, New Jersey real estate, Essex, Union And Morris County, home sale statistics - NUMBER1EXPERT™ Sue Adler NUMBER1EXPERT(tm) for Short Hills, Millburn, Summit and Maplewood, New Jersey real estate, Essex, Union And Morris County, home sale statistics
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Chatham Home Sale Statistics: Short Hills, Millburn, Summit and Maplewood New Jersey home buying, real estate listings, and homes for sale in Morris County, NJ
Welcome > Home Sale Statistics > Chatham  Home Sale Statistics ...


***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.  

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Real Estate Tips
Real Estate Contracts >Personal Property

When you purchase a property, it usually includes the land and everything attached to it, such as buildings, trees, shrubs, etc. Most buyers are only interested in purchasing the real estate, not the owner's personal property. What happens when personal property has become a part of the real estate? Is it actually a "fixture" which will now convey to the buyer with the real estate?

There are three tests which usually need to be satisfied. Has the personal property been permanently annexed to the real estate? Is it intended to become part of the real estate? What is the local custom? Fixtures may include shades, heaters, ranges, screens, storm windows, lighting fixtures, etc. To save misunderstanding at the closing--and perhaps the sale--it is important that the seller spell out specifically in the sales agreement what will go to the buyer as part of the property.

See All Tips In The "Real Estate Contracts" Category >
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Real Estate Trivia
Q 
What are the world's most valuable chairs?

A 
A pair of Chippendale chairs designed by Robert Adam sold in 1997 at Christie's, London to an anonymous buyer for $2,762,330.
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Sue Adler, REALTOR®, real estate agent and broker for Short Hills, Millburn, Summit and Maplewood New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Sue Adler Team
Keller Williams Realty

of Essex, Union, & Morris Counties
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Meet Sue....

Sue not only grew up in the real estate business, but has sold over 1,000 homes.
In the challenging 2009 market, Sue sold more homes than any other full service agent in our midtown direct geographic area. She is the #1 Keller Williams Agent in New Jersey for dollar volume sold for 2005 through 2009, and attributes a large part of this to the success she's had with Relocation Buyers.

Sue placed in Keller Williams International (approx 75,000) for 2007. She is a "Certified Luxury Home Marketing Specialist" & a member of "Who's Who in Luxury Real Estate", which she earned for her performance in the high end market.

Sue's working knowledge & understanding of every aspect of the real estate transaction surpasses most, & her creative knack for internet lead generation and social media keeps her team's listings in the limelight, which means the GREATEST EXPOSURE for your home.

Sue and her team promise to be your best advocates throughout the entire buying and selling process, with the goal of earning YOUR future referrals. Need references? We've got HUNDREDS! Check out the "Client Testimonials" on this site, and call or email Sue for your confidential interview.


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