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Maplewood/South Orange Home Sale Statistics: Short Hills, Millburn, Summit and Maplewood New Jersey home buying, real estate listings, and homes for sale in Essex County, NJ
Welcome > Home Sale Statistics > Maplewood/South Orange  Home Sale Statistics ...


***Please note that we pull these Maplewood and South Orange home sale prices and stats from the GSMLS statistics, so "Original Listing Price" and "Days On Market" only include 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 listiing 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.
 

Maplewood Inventory Comparison

July 2010 Home Sale Prices and Market Stats 

MAPLEWOOD

Address Original List Price List Price at Sale Sale Price DOM Beds Baths Style
6  Wetmore Ave $235,000 $235,000 $205,000 53 3 2 Colonial
21  Menzel Ave $295,000 $275,000 $268,000 86 2 2 CapeCod
28  Lexington Ave $299,000 $299,000 $280,000 26 4 2.1 Colonial
300  Elmwood Ave $350,000 $299,900 $261,000 146 4 2.1 Colonial
441  Elmwood Ave $319,900 $319,900 $325,000 26 3 3.1 Colonial
51  Plymouth Avenue $349,000 $349,000 $260,000 252 3 1.1 Colonial
465  Baldwin Rd $352,000 $352,000 $308,000 42 3 2 Colonial
156  Oakland Rd $420,000 $405,000 $375,000 62 3 1 Colonial
449  Ridgewood Rd $419,000 $419,000 $397,000 27 3 1.1 Colonial
123  Tuscan Rd $429,000 $429,000 $427,000 10 4 1.1 Colonial
40  Burr Rd $469,000 $469,000 $484,000 9 3 2.1 Tudor
11  Ball Ter $530,000 $479,000 $469,000 60 4 1.1 Colonial
6  Midland Blvd $529,000 $489,900 $470,000 41 4 1.1 Colonial
5  Buckingham Garden Pkwy $499,000 $499,000 $480,000 60 4 2 Colonial
41  Yale St $529,000 $499,000 $485,000 105 4 1.1 Colonial
16  Oakview Ave $500,000 $500,000 $505,000 9 4 1 Colonial
50  Kendal Avenue $559,000 $515,000 $510,000 52 4 1.1 Colonial
17  Plymouth Pl $519,800 $519,800 $500,000 69 3 2.2 Colonial
34  Ridgewood Ter $549,000 $539,000 $520,000 66 5 1.2 Colonial
36  Courter Ave $569,000 $569,000 $601,000 11 5 1.1 Colonial
42  Burnet St $589,000 $589,000 $605,000 13 3 2 Colonial
83  Courter Ave $675,000 $649,000 $649,000 12 3 2.1 Colonial
11  New England Rd $649,900 $649,900 $615,000 77 4 2 Tudor
98  S Collinwood Rd $659,000 $659,000 $659,000 19 4 3.1 Tudor
14  Lewis Dr $750,000 $689,000 $659,000 211 4 2.2 Colonial
10  Courter Ave $699,000 $699,000 $680,000 37  5 2.1 Colonial

AVERAGE DAYS ON MARKET:64   AVERAGE LISTING PRICE:$440,918

AVERAGE SALE PRICE:$459,478   % SALE PRICE / LIST PRICE:97%

Maplewood Home sale Trends July 2009 thru July 2010

desc

July 2009

August

Sept.

Oct.

Nov.

Dec.

Average Listing Price

$504,011

$462,310

$649,197

$472,079

$487,929

$445,077

Average Sale Price

$454,784

$608,911

$760,000

$428,083

$480,612

$517,432

%Sale Price to List Price Ratio

98%

98%

92%

98%

98%

99%

Days on Market

52

42

78

64

72

53

# of Active Listings

177

164

160

186

135

116

# of Closed Listings

34

20

26

14

19

22

Jan.

Feb.

Mar.

April

May

June

July 2010

Ave List Price

$450,174

$438,082

$447,321

$458,253

$458,904

$459,576

$440,918

Ave Sale Price

$578,975

$534,455

$432,147

$424,814

$512,781

$502,948

$459,478

%Sale/List Price Ratio

98%

98%

97%

99%

100%

98%

97%

DOM

48

85

47

47

34

40

64

# Active Listings

135

151

203

220

219

226

210

# Closed Listings

9

12

15

23

16

43

26

July 2010

Active Listings

New Listings

Under Contract

Sold Listings

Average

SP/LP

# Beds

Avg LP

Avg LP

Avg LP

Avg LP

DOM

%

1

$147,250

$190,000

$0

$0

0

0%

2

$289,950

$318,125

$0

$268,000

86

97%

3

$361,692

$324,971

$342,536

$369,875

61

94%

4

$492,992

$497,800

$543,050

$503,636

72

97%

5

$722,517

$684,762

$605,467

$600,333

38

100%

TOWN

$440,918

$430,124

$442,130

$459,478

64

97%

South Orange Inventory Chart

SOUTH ORANGE

Address Original List Price List Price at Sale Sale Price DOM Beds Baths Style
153  Irvington Ave,Apt 102  $269,000 $269,000 $247,500 21 1 1 FirstFlr
81  Arnold Ter $339,000 $275,000 $265,000 81 4 2 Colonial
657  Cameron Rd $439,000 $415,000 $396,000 89 3 2.1 Colonial
75  Fifth Street $449,000 $449,000 $433,000 36 3 1.1 Colonial
654  Varsity Rd $450,000 $450,000 $427,500 68 4 2.1 Custom
7  Village Green Ct $485,000 $468,800 $455,000 189 2 2.1 TwnIntUn
419  Lenox Pl $534,000 $534,000 $515,000 64 5 3.1 Colonial
189  Harding Dr $579,900 $579,900 $580,000 26 6 3.2 Colonial
361  Irving Ave $689,000 $689,000 $669,000 27 6 3.1 Colonial
325  Turrell Ave $699,000 $699,000 $680,000 63 5 4.1 Colonial
443  Page Ter $719,000 $719,000 $694,000 37 5 3.1 Colonial
340  N Wyoming Ave $929,876 $859,000 $817,000 188 5 3 Colonial
69  Crest Dr $1,250,000 $1,250,000 $1,175,000 32 6 5.2 Colonial

AVERAGE DAYS ON MARKET 71AVERAGE LISTING PRICE: $581,681

AVERAGE SALE PRICE$565,692 % SALE PRICE / LIST PRICE: 96%

South Orange Home Sale Trends  July 2009 thru July 2010

desc

July 2009

Aug

Sept.

Oct.

Nov.

Dec.

Average Listing Price

$596,099

$583,016

$589,527

$583,617

$584,909

$559,866

Average Sale Price

$570,456

$625,611

$535,100

$433,821

$495,731

$480,425

%Sale /Ratio

95%

96%

96%

96%

93%

97%

DOM

63

44

64

114

86

50

#Active Listings

165

151

157

140

128

128

#Closed Listings

24

10

5

17

14

21

desc

Jan.

Feb.

Mar.

April

May

June

July 2010

Average Listing Price

$567,287

$552,948

$576,446

$590,218

$603,833

$586,958

$581,681

Average Sale Price

$468,667

$417,222

$629,080

$529,534

$579,059

$487,421

$565,692

%Sale Price to List Price Ratio

92%

96%

97%

98%

97%

96%

96%

Days On Market

110

110

116

67

46

36

71

# of Active Listings

115

121

140

157

185

186

178

# of Closed Listings

21

9

12

23

17

14

13

July 2010

Active Listings

New Listings

Under Contract

Sold Listings

Average

SP/LP

# Beds

Avg LP

Avg LP

Avg LP

Avg LP

DOM

%

1

$206,000

$269,000

$279,000

$247,500

21

92%

2

$342,312

$344,250

$309,000

$455,000

189

97%

3

$494,017

$527,475

$321,000

$414,500

63

96%

4

$549,725

$538,580

$547,667

$346,250

75

96%

5

$771,045

$755,790

$698,500

$732,857

62

96%

TOWN

$581,681

$575,848

$531,059

$565,692

71

96%


 

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SALE PRICES AND STATS 
FOR EACH MONTH since 2005! 

Maplewood NJ Home Sales & Market Trends



South Orange NJ Home Sales & Market Trends




Data compiled from the GSMLS. Deemed reliable, but not guaranteed.
 

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Financing Your Home >Mortgage Fears

It is not unusual for home buyers to feel that the lender is being very critical during the loan approval process. The buyer is required to provide all kinds of financial information, and then the lender asks for more. If this is your experience, and the process seems discouraging, remember that none of this is personal!

Some lenders have more stringent requirements than others, but every lender requires a substantial amount of documentation on a mortgage loan. They must verify employment, credit history, and recent financial transactions involving your liquid assets. If your Visa payment was late, they may ask for a letter explaining why. If you are self-employed, they will ask for tax returns from at least three years and probably a year-to-date profit and loss statement.

Government regulations require mortgage companies to document everything. And while the loan officer may know that you are a reliable risk, the underwriters must be able to defend the loan to a federal bank examiner or auditor.

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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
488 Springfield Ave
Summit, NJ 07901
Cellular: (973)464-9129 (call 1st)
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Meet Sue....

Sue not only grew up in the real estate business, but has sold over 1,000 homes & is still loving it!

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 2005, 2006, 2007, 2008, and 2009 , and attributes a large part of this to the success she's had with Relocation Clients.

According to the GSMLS, in 2009, The Sue Adler Team sold more homes than any other full service agents in the Midtown Direct Geographic Area ( Millburn, Short Hills, Maplewood, South Orange, Summit, Chatham, Madison, Livingston)

Sue's working knowledge and understanding of every aspect of the real estate transaction surpasses most, and her creative knack for internet marketing 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" page on this site, and call or email Sue for your confidential interview.


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