***Please note that we pull these Millburn and Short Hills 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.
July 2010 Home Sale Prices and Market Stats 
| Address |
Original List Price |
List Price at Sale |
Sale Price |
DOM |
Beds |
Baths |
Style |
| 10 Rosedale Ave |
$619,000 |
$599,000 |
$562,500 |
114 |
4 |
2.1 |
Colonial |
| 83 Myrtle Ave |
$675,000 |
$650,000 |
$640,000 |
29 |
3 |
2 |
CapeCod |
| 45 Parkview Dr |
$650,000 |
$650,000 |
$625,000 |
50 |
4 |
1.2 |
Colonial |
| 425 Wyoming Ave |
$815,000 |
$675,000 |
$697,000 |
79 |
4 |
3.1 |
Victrian |
| 431 White Oak Ridge Rd |
$750,000 |
$708,000 |
$722,000 |
53 |
3 |
1.1 |
Custom |
| 56 Southern Slope Dr |
$729,999 |
$710,000 |
$630,000 |
57 |
3 |
2 |
Colonial |
| 53 Elmwood Place |
$979,000 |
$935,000 |
$970,000 |
37 |
5 |
2.1 |
Colonial |
| 10 Winthrop Road |
$988,000 |
$988,000 |
$985,250 |
29 |
4 |
3 |
Ranch |
| 23 Inverness Ct |
$999,000 |
$999,000 |
$999,000 |
8 |
4 |
3 |
Custom |
| 9 Edwards Pl |
$1,095,000 |
$1,095,000 |
$1,150,000 |
11 |
5 |
3 |
RanchExp |
| 18 Fielding Rd |
$1,145,000 |
$1,095,000 |
$1,075,000 |
39 |
5 |
4 |
RanchExp |
| 25 Oswego Ln |
$1,150,000 |
$1,150,000 |
$1,215,000 |
8 |
5 |
4 |
RanchExp |
| 113 Tennyson Dr |
$1,195,000 |
$1,195,000 |
$1,225,000 |
15 |
5 |
4 |
SplitLev |
| 24 Delwick Ln |
$1,439,000 |
$1,259,000 |
$1,250,000 |
84 |
4 |
3.1 |
Tudor |
| 27 Briarwood Drive |
$1,275,000 |
$1,275,000 |
$1,368,000 |
11 |
5 |
3 |
SplitLev |
| 27 Mohawk Rd |
$1,360,000 |
$1,295,000 |
$1,265,000 |
35 |
4 |
4.1 |
SplitLev |
| 297 Lupine Way |
$1,295,000 |
$1,295,000 |
$1,335,000 |
20 |
4 |
2.1 |
Colonial |
| 45 Keats Rd |
$1,329,000 |
$1,329,000 |
$1,332,000 |
10 |
4 |
3.1 |
Colonial |
| 12 Gapview Rd |
$1,690,000 |
$1,590,000 |
$1,460,000 |
103 |
5 |
3.2 |
Colonial |
| 18 Slope Dr |
$2,199,000 |
$1,950,000 |
$1,700,000 |
66 |
6 |
4.2 |
Colonial |
| 2 Hickory Rd |
$2,350,000 |
$1,999,000 |
$1,900,000 |
143 |
5 |
5.1 |
Custom |
| 50 Birch Ln |
$2,200,000 |
$2,200,000 |
$1,900,000 |
1 |
5 |
3.2 |
RanchExp |
| 52 Keats Rd |
$2,300,000 |
$2,300,000 |
$2,150,000 |
57 |
6 |
5 |
Colonial |
| 21 Slope Dr |
$2,995,000 |
$2,699,000 |
$2,500,000 |
61 |
5 |
4.1 |
Colonial |
| 40 Dorison Dr |
$4,450,000 |
$4,450,000 |
$3,600,000 |
31 |
5 |
4.1 |
Custom |
AVERAGE DAYS ON MARKET:48 AVERAGE LISTING PRICE:$1,656,367
AVERAGE SALE PRICE: $1,344,031 % SALE PRICE / LIST PRICE:95%
Millburn-Short HillsHome sale TrendsJuly2009-July 2010
|
desc |
July |
August |
Sept. |
Oct. |
Nov. |
Dec. |
|
Average Listing Price |
$1,598,885 |
$1,604,087 |
$1,641,780 |
$1,699,589 |
1,764,888 |
$1,753,058 |
|
Average Sale Price |
$1,206,600 |
$1,186,467 |
$1,278,443 |
$1,243,041 |
1,043,545 |
$1,287,100 |
|
%Sale Price to List Price Ratio |
94% |
94% |
94% |
97% |
95% |
96% |
|
Days on Market |
70 |
60 |
44 |
116 |
83 |
60 |
|
# of Active Listings |
157 |
147 |
142 |
143 |
125 |
112 |
|
# of Closed Listings |
27 |
35 |
24 |
17 |
11 |
20 |
|
|
|
|
|
|
|
|
|
desc |
Jan. |
Feb |
March |
April |
May |
June |
July2010 |
|
Average Listing Price |
$2,042,940 |
$1,883,743 |
$1,438,000 |
$1,111,818 |
$1,663,181 |
$1,697,901 |
$1,656,367 |
|
Average Sale Price |
$1,345,750 |
$1,142,545 |
$1,700,283 |
$1,088,988 |
$1,234,907 |
$1,232,685 |
$1,344,031 |
|
%Sale Price to List Price Ratio |
96% |
93% |
93% |
98% |
98% |
97% |
95% |
|
Days On Market |
51 |
68 |
90 |
42 |
61 |
57 |
48 |
|
# of Active Listings |
105 |
127 |
154 |
171 |
159 |
165 |
146 |
|
# of Closed Listings |
13 |
11 |
14 |
15 |
14 |
41 |
25 |
|
July 2010 |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average |
SP/LP |
|
# Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
DOM |
% |
|
1 |
$257,600 |
$235,000 |
$0 |
$0 |
0 |
0% |
|
2 |
$442,175 |
$279,000 |
$699,900 |
$0 |
0 |
0% |
|
3 |
$712,813 |
$722,375 |
$586,333 |
$664,000 |
46 |
96% |
|
4 |
$1,066,180 |
$913,857 |
$849,817 |
$1,006,469 |
53 |
100% |
|
5+ |
$2,691,397 |
$1,597,800 |
$1,649,238 |
$1,708,692 |
45 |
93% |
|
TOWN |
$1,656,367 |
$939,955 |
$1,071,938 |
$1,344,031 |
48 |
95% |  CLICK BELOW TO VIEW
THE SALES AND STATS
BY MONTH
Data compiled from the GSMLS. Deemed reliable, but not guaranteed. Interested in a Complimentary Market Analysis of your Millburn or Short Hills NJ home? Or receiving each month's home sale price updates? Just fill out the form below and Sue will contact you shortly. |
|
- NUMBER1EXPERT™ 
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