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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West 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 > West Orange Home Sale Statistics ...


***Please note that we pull West Orange 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, 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
30  Nutman Pl $229,000 $198,000 $198,000 241 3 2 CapeCod
12  Cerone Ct $224,900 $224,900 $224,900 60 2 2 OneFloor
1395  Pleasant Valley Way $275,000 $229,000 $210,000 168 3 3 Ranch
4  Elm St $250,000 $229,000 $229,000 97 3 1.1 Colonial
10  Smith Manor Blvd $229,900 $229,900 $214,000 21 2 2 HighRise
25  Cerone Ct $249,000 $249,000 $235,000 20 2 2.1 TwnIntUn
69  Vacca Dr $295,000 $262,000 $250,000 219 3 2 Ranch
340  Northfield Avenue $264,500 $264,500 $264,000 47 4 2.1 RanchExp
160  Marion Dr $317,000 $317,000 $305,000 50 2 2.1 TwnEndUn
47  Larkin Cir $329,900 $329,900 $312,500 85 2 2 TwnEndUn
25  Highwood Road $379,000 $379,000 $360,000 100 5 2.1 Colonial
387  Digaetano Ter $379,900 $379,900 $370,000 77 3 2.1 TwnIntUn
33  Bayowski Rd $415,000 $387,500 $375,000 111 3 2.1 TwnEndUn
14  Mcguire Dr $625,000 $585,000 $535,000 121 5 3.1 Colonial
3  N. Edgewood Ave $597,000 $597,000 $450,000 110 3 2.1 Ranch
27  Haggerty Dr. Ashwood $679,000 $679,000 $679,000 0 4 2.1 Colonial
5  Haggerty Dr. Crestmont $799,000 $799,000 $799,000 0 5 3.1 Colonial

AVERAGE DAYS ON MARKET:90  AVERAGE LISTING PRICE:$467,524

AVERAGE SALE PRICE: $353,553  % SALE PRICE / LIST PRICE:95%

West Orange Home sale Trends February 2009 thru February 2010

desc

Feb.2009

March

April

May

June

July

Aug

Average Listing Price

$543,881

$535,477

$527,507

$507,631

$546,669

$503,673

$500,245

Average Sale Price

$394,824

$309,193

$367,226

$841,100

$347,247

$364,726

$470,680

%Sale Price to List Price Ratio

93%

95%

93%

208%

92%

95%

95%

Days on Market

112

90

78

83

80

65

88

# of Active Listings

418

449

493

481

488

475

477

# of Closed Listings

17

15

24

29

44

43

33

desc

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.2010

Average Listing Price

$487,987

$491,470

$489,781

$480,200

$471,844

$467,524

Average Sale Price

$398,452

$396,276

$328,768

$414,678

$402,908

$353,553

%Sale Price to ListPrice Ratio

96%

95%

96%

94%

95%

95%

Days On Market

102

117

81

91

102

90

# of Active Listing

445

426

386

358

394

386

# of Closed Listings

35

48

45

29

20

17

Feb. 2010

Active Listings

New Listings

Under Contract

Sold Listings

Average

SP/LP

# Beds

Avg LP

Avg LP

Avg LP

Avg LP

DOM

%

1

$191,303

$213,233

$0

$0

0

0%

2

$281,452

$268,520

$266,300

$258,280

47

96%

3

$382,145

$423,350

$301,100

$297,429

146

91%

4

$467,295

$525,160

$466,200

$471,500

24

100%

5

$945,644

$590,143

$0

$564,667

74

96%

TOWN

$467,524

$437,203

$322,485

$353,553

90

95%

CLICK BELOW TO VIEW
THE SALES AND STATS 
BY MONTH

West Orange



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Real Estate Tips
First Time Buyers >The Real Bottom Line

An important part of buying a house is sitting down with your real estate agent or a mortgage lender to get a clear idea of how much you can afford. They will add up all of your monthly expenses, the mortgage payment, insurance, real estate taxes, homeowners or condo association fees--and the grand total can throw you into shock!

The important thing to remember is that the grand total isn't really the bottom line. When you add your tax savings to the equation, you may be pleasantly surprised. During the early years of your loan, almost all of the mortgage can be deducted from your state and federal income tax. The same is true of your real estate taxes. If you use part of your house as a home office, you may be able to qualify for additional tax savings. In some areas, homes with ground floor apartments are popular for offsetting part of the mortgage and offering even more tax savings.

When you make calculations about the monthly costs that include the tax savings, you may find that owning your own home is less expensive than renting a house or apartment of comparable size.

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Real Estate Trivia
Q 
What country of the world has the highest percentage of private housing?

A 
Mongolia, where 100% of all properties are owner-occupied.
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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
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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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Keller Williams Realty real estate and homes for sale in Short Hills, Millburn, Summit and Maplewood New Jersey


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