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Millburn/Short Hills 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 > Millburn/Short Hills Home Sale Statistics ...



***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.
 

 

 

February 2010 Home Sale Prices and Market Stats 

Address

Original List Price

List Price at Sale

Sale Price

DOM

Beds

Baths

Style

206  Main St

$219,000

$185,000

$176,000

94

1

1

OneFloor

19  Locust Ave

$499,000

$499,000

$480,000

8

3

1.1

Ranch

54  Greenwood Dr

$689,000

$689,000

$664,000

142

3

2.1

Tudor

1  Woodland Road

$788,800

$750,000

$715,000

93

3

2.1

Colonial

327  Lupine Way

$965,000

$965,000

$961,000

44

3

3.1

Colonial

19  Roland Dr

$1,095,000

$1,095,000

$999,999

42

3

2.2

RanchExp

383  Hobart Ave

$1,195,000

$1,195,000

$1,135,000

10

5

4.1

Colonial

3  Beechcroft Rd

$1,449,000

$1,295,000

$1,205,000

115

6

3.1

Colonial

49  Nottingham Rd

$1,729,000

$1,729,000

$1,600,000

0

5

4.2

Tudor

28  Far Brook Dr

$2,395,000

$2,395,000

$2,122,500

157

6

5.1

Custom

1  Brooklawn Dr

$2,650,000

$2,650,000

$2,509,500

38

5

4.1

Colonial

AVERAGE DAYS ON MARKET:68   AVERAGE LISTING PRICE:$1,883,743

AVERAGE SALE PRICE:$1,142,545   % SALE PRICE / LIST PRICE:93%

Millburn-Short HillsHome sale Trends February 2009-February 2010

desc

Feb.2009

March

April

May

June

July

Average Listing Price

$1,722,362

$1,551,603

$1,531,063

$1,572,115

$1,608,114

$1,598,885

Average Sale Price

$730,667

$1,281,250

$1,058,100

$1,099,143

$1,184,393

$1,206,600

%Sale Price to List Price Ratio

98%

92%

93%

97%

96%

94%

Days on Market

48

139

63

42

89

70

# of Active

Listings

118

154

177

177

176

157

# of Closed

Listings

7

10

16

16

29

27

desc

August

Sept.

Oct.

Nov.

Dec.

Jan.

Feb 2010

Average Listing Price

$1,604,087

$1,641,780

$1,699,589

1,764,888

$1,753,058

$2,042,940

$1,883,743

Average Sale Price

$1,186,467

$1,278,443

$1,243,041

1,043,545

$1,287,100

$1,345,750

$1,142,545

%Sale Price to List Price Ratio

94%

94%

97%

95%

96%

96%

93%

Days On

Market

60

44

116

83

60

51

68

# of Active

Listings

147

142

143

125

112

105

127

# of Closed Listings

35

24

17

11

20

13

11

Feb. 2010

Active Listings

New Listings

Under Contract

Sold Listings

Average

SP/LP

# Beds

Avg LP

Avg LP

Avg LP

Avg LP

DOM

%

1

$257,250

$247,167

$0

$176,000

94

95%

2

$399,900

$0

$0

$0

0

0%

3

$774,400

$765,544

$764,333

$764,000

66

96%

4

$1,087,046

$980,875

$822,000

$0

0

0%

5+

$2,982,456

$2,526,607

$2,042,780

$1,714,400

64

93%

TOWN

$1,883,743

$1,397,569

$1,415,090

$1,142,545

68

93%

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. 

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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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Summit, NJ 07901
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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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