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Westfield 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 > Westfield Home Sale Statistics ...


***Please note that we pull Westfield 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.  

 

May 2009 Home Sale Prices and Market Stats  

Address

Original List Price

List Price at Sale

Sale Price

DOM

Beds

Baths

Style

1750  Florida

$324,900

$324,900

$270,000

21

3

1

CapeCod

1906  Grandview Ave

$359,000

$359,000

$345,000

75

3

1.1

CapeCod

529  Downer St.

$429,000

$429,000

$407,000

12

3

2

Colonial

244  Edgewood Ave

$500,000

$479,000

$450,000

19

3

1.2

Custom

50  Faulkner Dr.

$535,000

$489,000

$463,500

165

3

1.1

SplitLev

264  Seneca Place

$539,000

$499,000

$487,500

64

3

1.1

Colonial

646  Fourth

$585,000

$499,000

$482,000

265

5

2.1

Colonial

958  Willow Grove Road

$499,000

$499,000

$450,000

24

3

1.1

SplitLev

245  Delaware St.

$499,000

$499,000

$450,000

13

4

2.1

SplitLev

261  Seneca Pl.

$499,900

$499,900

$485,000

24

3

2

Colonial

520  Dudley Court

$599,000

$569,000

$580,000

22

4

1

Colonial

627  N Chestnut Street

$599,000

$599,000

$575,000

30

4

2.1

Colonial

61  Nomahegan Dr

$739,000

$599,000

$550,000

260

4

2.1

Bi-Level

661  Shackamaxon Dr

$779,500

$649,900

$625,000

179

4

2

CapeCod

920  Carleton Rd

$650,000

$650,000

$656,900

17

3

2

Colonial

120  Wells St

$679,000

$664,900

$650,000

31

3

2.1

Colonial

111  Prospect Street 2I

$780,000

$780,000

$700,000

109

2

2.1

OneFloor

515  Sherwood Pky

$789,000

$789,000

$725,000

31

4

2.1

Colonial

12  Azalea Trl

$875,000

$875,000

$790,000

105

4

2.1

Colonial

850  Fourth Avenue

$879,999

$879,999

$855,000

43

5

3

Colonial

779  Knollwood Terrace

$999,000

$959,000

$952,000

129

4

2.2

Custom

34  Manchester Dr

$1,325,000

$1,240,000

$1,075,000

118

5

4

Colonial

382  Orenda Circle

$1,795,000

$1,700,000

$1,530,000

186 

6 5.1 Colonial

AVERAGE DAYS ON MARKET:90    AVERAGE LISTING PRICE:$877,681

AVERAGE SALE PRICE:$638,043   % SALE PRICE / LIST PRICE:93%

Westfield  Home sale Trends May 2008 thru May 2009

desc

May 2008

June

July

Aug.

Sept.

Oct.

Average Listing Price

$996,571

$1,004,796

$1,000,441

$1,008,430

$982,104

$926,787

Average Sale Price

$674,413

$837,955

$791,048

$835,178

$633,774

$659,488

%Sale Price to List Price Ratio

97%

95%

97%

95%

96%

97%

Days on Market

55

51

63

97

82

49

# of Active Listings

256

229

229

187

196

214

# of Closed Listings

23

42

131

35

22

18

 

desc

Nov.

Dec.

Jan.

Feb.

March

April

May 2009

Average Listing Price

$890,201

$872,824

$880,814

$868,749

$856,332

$860,399

$877,681

Average Sale Price

$832,731

$765,733

$622,500

$779,080

$619,250

$647,687

$638,043

%Sale/List Price Ratio

96%

87%

97%

94%

97%

92%

93%

Days On Market

137

51

110

64

107

92

90

# of Active Listings

205

256

195

204

237

158

254

# of Closed Listings

14

14

6

16

10

17

23

May 2009

Active Listings

New Listings

Under Contract

Sold Listings

Average

SP/LP

# Beds

Avg LP

Avg LP

Avg LP

Avg LP

DOM

%

1

$293,390

$0

$399,000

$0

0

0%

2

$620,668

$259,900

$459,750

$700,000

109

90%

3

$546,891

$490,400

$511,427

$466,490

45

95%

4

$849,486

$698,817

$748,647

$682,000

120

94%

5

$1,413,155

$1,308,550

$974,671

$985,500

153

91%

TOWN

$877,681

$836,547

$682,657

$638,043

90

93%

 

CLICK BELOW TO VIEW
THE SALES AND STATS 
BY MONTH

Westfield

April Market Stats March Market Stats January Market Stats January Market Stats

Interested in a complimentary market analysis of your Westfield NJ home? Just fill out the form below, and Sue will be in touch with you shortly. 

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Real Estate Tips
Real Estate Contracts >Taking It With You

Before you list your home for sale, take a careful look around. Are there some items you will want to take with you? There may be a dining room chandelier that has been in your family for three generations, a ceiling fan in the master bedroom, or the bookcases in the den that look built-in but are not.

Normally all fixtures are conveyed to the new owners when a house is sold. This includes anything that is attached to walls or ceilings and, in some areas, all major appliances that are installed in the house. If you have fixtures that you don't want to convey, tell your agent what you want excluded from the agreement at the time you list your property for sale.

If it is convenient, it is best to remove any light fixtures or ceiling fans you plan to take with you and replace them before the property is shown to prospective buyers. List all items that are not being sold with the house on your home fact sheet to ensure that they will not become an issue when a buyer makes an offer.

See All Tips In The "Real Estate Contracts" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What holds the title as the tallest reinforced concrete building in the U.S.?

A 
311 South Wacker Drive in Chicago was completed in 1990 and is 65 stories high.
See More Real Estate Trivia >

FEATURED PROPERTY
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Price: $1,150,000 sold for $1,250,000
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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 900 homes & is still loving it!
She is the #1 Keller Williams Agent in New Jersey for dollar volume sold for 2005,2006,and 2007,and attributes a large part of this to the success she's had with Relocation Buyers.
Sue placed 5th out of all individual realtors in Keller Williams International (approx 75,000) for 2007 and was presented the "Top Performing Individual" award at the ceremony in Atlanta.
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 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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Keller Williams Realty real estate and homes for sale in Short Hills, Millburn, Summit and Maplewood New Jersey


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