Bernards – Basking Ridge August 2011 Home Sales Stats
Data compiled from the GSMLS. Deemed reliable, but not guaranteed. Sue feels that if you are in the market to buy or sell real estate in Bernards-Basking Ridge, it is important to understand the trends in Active Listings,
Days on the Market, and Listing to Sale Price ratio so that you can make an educated decision.
Days on the Market, and Listing to Sale Price ratio so that you can make an educated decision.
| ADDRESS | OLP | LP | SP | DOM | BRS | BTH | STYLE |
| 209 Irving Pl | $239,900 | $229,900 | $225,000 | 55 | 2 | 2 | OneFloor |
| 363 Potomac Dr | $250,000 | $239,000 | $230,000 | 76 | 2 | 1 | OneFloor |
| 80 Potomac Dr | $249,000 | $244,000 | $220,000 | 68 | 2 | 1 | TwnIntUn |
| 54 Village Dr | $314,900 | $279,900 | $290,000 | 98 | 2 | 2.1 | TwnEndUn |
| 328 Potomac Dr | $295,000 | $279,900 | $272,000 | 76 | 2 | 2 | OneFloor |
| 136 Potomac Dr | $279,900 | $279,900 | $275,000 | 1 | 2 | 2 | OneFloor |
| 57 Woodward Ln | $289,900 | $289,900 | $282,500 | 5 | 2 | 2.1 | TwnEndUn |
| 413 Penns Way | $325,000 | $315,000 | $300,000 | 153 | 3 | 2.1 | TwnIntUn |
| 18 Acken Rd | $387,000 | $387,000 | $360,000 | 16 | 4 | 2 | CapeCod |
| 51 Mount Airy Rd | $399,000 | $399,000 | $395,000 | 35 | 3 | 1.1 | CapeCod |
| 58 Aspen Dr | $399,900 | $399,900 | $395,000 | 9 | 3 | 3.1 | TwnEndUn |
| 23 Galloping Hill Rd | $480,000 | $480,000 | $500,000 | 10 | 3 | 2 | Ranch |
| 139 S Finley Ave | $549,000 | $519,000 | $470,000 | 362 | 4 | 1.1 | Colonial |
| 54 Beechwood Rd | $549,900 | $549,900 | $535,000 | 34 | 4 | 2 | Bi-Level |
| 26 Prospect Ave | $549,900 | $549,900 | $540,000 | 14 | 5 | 3 | CapeCod |
| 56 Pennington St | $759,000 | $559,000 | $559,000 | 132 | 5 | 3.1 | Colonial |
| 415 Lyons Rd | $585,000 | $565,000 | $545,000 | 61 | 4 | 2 | CapeCod |
| 10 Wildwood Dr | $625,000 | $585,000 | $550,000 | 219 | 4 | 2.1 | SplitLev |
| 67 Hartley Ln | $599,000 | $599,000 | $593,999 | 9 | 3 | 2.1 | Colonial |
| 16 Birch Dr | $649,000 | $629,000 | $607,000 | 79 | 3 | 2.1 | Ranch |
| 63 Patriot Hill Dr | $629,000 | $629,000 | $622,000 | 15 | 3 | 2.1 | TwnEndUn |
| 25 Van Dorn Rd | $685,000 | $685,000 | $620,000 | 130 | 4 | 2.1 | Colonial |
| 10 Forest Trl | $699,000 | $699,000 | $699,000 | 16 | 4 | 1.1 | Colonial |
| 70 Liberty Ridge Rd | $709,000 | $709,000 | $688,000 | 19 | 4 | 3.1 | Colonial |
| 46 Georgetown Ct | $729,900 | $729,900 | $702,000 | 39 | 3 | 2.2 | TwnIntUn |
| 28 Cross Rd | $800,000 | $789,900 | $757,500 | 109 | 5 | 3 | Colonial |
| 177 Whitenack Rd | $839,000 | $839,000 | $805,000 | 61 | 4 | 2.1 | Colonial |
| 3 Penwood Rd | $839,000 | $839,000 | $839,000 | 11 | 5 | 3.1 | Colonial |
| 25 Berkeley Cir | $849,900 | $849,900 | $828,500 | 27 | 5 | 3.1 | Colonial |
| 14 Wellington Dr | $849,900 | $849,900 | $827,500 | 41 | 4 | 3.1 | Colonial |
| 20 Decker St | $879,000 | $879,000 | $860,000 | 22 | 4 | 3.1 | Colonial |
| 23 Launcelot Ln | $915,000 | $899,000 | $867,500 | 47 | 5 | 2.1 | Colonial |
| 21 Sullivan Dr | $899,000 | $899,000 | $885,000 | 33 | 4 | 2.1 | Colonial |
| 93 Cross Rd | $899,000 | $899,000 | $860,000 | 70 | 5 | 3.1 | Colonial |
| 21 Canter Dr | $969,000 | $899,000 | $872,500 | 12 | 4 | 3 | RanchExp |
| 9 Everson Pl | $999,975 | $979,800 | $952,000 | 61 | 5 | 2.1 | Colonial |
| 16 Heath Dr | $1,148,000 | $979,900 | $965,000 | 166 | 4 | 2.2 | Colonial |
| 15 Homestead Rd | $980,000 | $980,000 | $990,000 | 7 | 5 | 4.2 | Colonial |
| 5 Blackburn Rd | $980,000 | $980,000 | $941,000 | 66 | 4 | 2.1 | Colonial |
| 22 Ramapo Dr | $1,079,000 | $1,049,000 | $1,025,000 | 49 | 4 | 3.1 | Colonial |
| 362 Grist Mill Dr | $1,075,000 | $1,075,000 | $1,034,500 | 17 | 5 | 3.1 | Colonial |
| 9 Beacon Crest Dr | $1,220,000 | $1,190,000 | $1,130,000 | 45 | 5 | 4 | Colonial |
| 10 Sentry Ct | $1,395,000 | $1,250,000 | $1,215,000 | 262 | 5 | 4.2 | Colonial |
| 9 Deer Creek Dr | $1,250,000 | $1,250,000 | $1,250,000 | 32 | 4 | 3.2 | Colonial |
| 36 Independence Dr | $1,260,000 | $1,260,000 | $1,250,000 | 22 | 4 | 4.1 | Colonial |
| 280 Mountain Rd | $2,650,000 | $2,650,000 | $2,500,000 | 39 | 6 | 6.1 | Custom |
| 122 Emerald Valley Ln | $2,825,000 | $2,825,000 | $2,550,000 | 101 | 5 | 5.2 | Colonial |
AVERAGE DAYS ON MARKET: 71Â Â Â AVERAGE LISTING PRICE:Â Â Â Â Â $786,451
AVERAGE SALE PRICE: Â $748,820 % SALE PRICE / LIST PRICE:Â 96%
Bernards-Basking Ridge Home sale Trends
|
|
Aug. 2011
|
Sept.
|
Oct.
|
Nov.
|
Dec.
|
Jan
|
|
Ave. List Price
|
$792,065
|
$787,374
|
$813,311
|
$828,352
|
$812,860
|
$788,209
|
|
Ave. Sale Price
|
$668,674
|
$614,000
|
$622,694
|
$518,389
|
$556,381
|
$617,184
|
|
%Sale/List Price Ratio
|
96%
|
95%
|
96%
|
94%
|
95%
|
96%
|
|
DOM
|
87
|
65
|
88
|
77
|
88
|
70
|
|
#Active Listings |
246
|
237
|
237
|
204
|
294
|
172
|
|
#Closed Listings
|
49
|
26
|
34
|
20
|
41
|
19
|
|
|
Feb.
|
March
|
April
|
May
|
June
|
July
|
Aug. 2011
|
|
Ave. List Price
|
$873,091
|
$851,463
|
$825,490
|
$792,775
|
$785,232
|
$818,627
|
$786,451
|
|
Ave. Sale Price
|
$596,318
|
$519,533
|
$422,119
|
$548,137
|
$671,250
|
$675,894
|
$748,820
|
|
%Sale/List Price Ratio
|
94%
|
95%
|
96%
|
96%
|
95%
|
97%
|
96%
|
|
DOM
|
105
|
98
|
61
|
78
|
65
|
70
|
71
|
|
#Active Listings |
184
|
238
|
249
|
237
|
222
|
259
|
227
|
|
#Closed Listings
|
11
|
25
|
26
|
24
|
34
|
49
|
47
|
|
|
Active Listings
|
New Listings
|
Under Contract
|
Sold Listings
|
Average
|
SP/LP
|
|
# Beds
|
Avg LP
|
Avg LP
|
Avg LP
|
Avg LP
|
DOM
|
%
|
|
1
|
$235,900
|
$0
|
$224,000
|
$0
|
0
|
0%
|
|
2
|
$341,605
|
$278,683
|
$388,560
|
$256,357
|
54
|
97%
|
|
3
|
$541,562
|
$498,050
|
$526,200
|
$514,375
|
44
|
98%
|
|
4
|
$790,339
|
$756,208
|
$877,629
|
$788,625
|
102
|
97%
|
|
5
|
$1,657,580
|
$1,128,000
|
$1,207,667
|
$1,152,583
|
68
|
96%
|
|
TOWN
|
$786,451
|
$601,343
|
$747,459
|
$748,820
|
71
|
96%
|
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