Short Hills real estate NJ, Millburn real estate, Summit real estate and Maplewood real estate, home listings and homes for sale in New Jersey, Essex, Union and Morris Counties, home sale statistics - 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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Why I recommend hiring Sue to sell your house..
 "Sue went to great pains to demonstrate to the relocation company why our house was more valuable then the independent analysis showed."
Rob & Erin Lamkin,50 Sagamore Rd, Maplewood
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Real Estate - Homes - NUMBER1EXPERTS Sell More!
Sue Adler is one of The Top Selling Real Estate Experts™
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Summit Home Sale Statistics: Short Hills, Millburn, Summit and Maplewood New Jersey home buying, real estate listings, and homes for sale in Union County, NJ
Welcome > Home Sale Statistics > Summit  Home Sale Statistics ...


Sue feels that if you are in the market to buy or sell real estate in Short Hills, Millburn, Summit, Maplewood, South Orange, Chatham, Madison or Livingston or surrounding New Jersey towns, it is important to understand the trends in number of Active Listings, Average Days on the Market, and listing prices vs. sale prices so that you have the information to make an educated decision. 

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  THE SALES AND STATS 
BY MONTH

LIVINGSTON September 2005 Home Sales

                                                         

SUMMIT      Home sale Trends   June 2007 – June 2008

 

 

June 2007

Jul.

Aug.

Sept.

Oct.

Nov.

Average Listing Price

$1,190,075

$1,093,057

 

$1,066,581

$1,081,837

$1,034,757

$1,024,519

Average Sale Price

$1,175,448

$1,203,414

$1,418,638

$1,308,724

$1,218,408

$997,023

%Sale Price to List Price Ratio

102%

100%

100%

99%

99%

99%

Days on Market

49

59

54

38

83

67

# of Active

Listings

179

165

143

177

179

166

# of Closed Listings

36

32

32

21

13

23

 

 

Dec.

Jan.

Feb.

March

April

May

June 2008

Average Listing Price

$1,076,344

$1,103,962

 

$1,213,965

$1,206,506

$1,239,644

$1,257,405

$1,212,152

Average Sale Price

$916,153

$847,714

$779,083

$1,003,500

$836,500

$823,383

$928,923

%Sale Price to List Price Ratio

101%

100%

96%

95%

100%

99%

97%

Days On Market

36

32

100

71

56

49

63

# of Active

Listings

129

166

163

168

180

196

195

# of Closed Listings

19

14

11

18

13

21

26

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 08

Active Listings

New Listings

Under Contract

Sold Listings

Average

DOM

SP/LP

# Beds

Avg LP

Avg LP

Avg LP

Avg LP

 

 

1

$264,950

$0

$0

$0

0

0%

2

$469,192

$400,114

$349,560

$388,333

17

98%

3

$660,129

$744,019

$770,500

$708,917

87

97%

4

$1,103,764

$1,074,556

$1,072,264

$945,000

46

97%

5

$2,378,665