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The Sue Adler Team Bernards-Basking Ridge Market Stats June 2011

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Bernards – Basking Ridge   June 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.

Address Orig. List Price List Price at Sale Sale Price DOM Beds Baths Style
164  Woodward Ln  $259,900 $259,900 $252,000 14 2 2 FirstFlr
353  Penns Way  $310,000 $297,500 $292,000 147 3 2.1 TwnIntUn
2802  Hemlock Pl  $298,900 $298,900 $295,000 55 2 1.1 MultiFlr
132  Woodward Ln  $299,000 $299,000 $285,000 11 2 2.1 TwnIntUn
306  Penns Way  $325,000 $325,000 $310,500 63 3 2.1 TwnIntUn
3090  Valley Rd  $419,800 $399,800 $360,000 227 4 1 Colonial
26  S Alward Ave  $4,975,000 $400,000 $380,000 311 3 1 Colonial
12  Knox Ct  $459,900 $459,900 $440,000 135 3 2.1 TwnIntUn
5  Concord Ln  $459,900 $459,900 $445,000 77 4 3 Bi-Level
37  Peachtree Rd  $479,000 $479,000 $477,000 123 3 1 Ranch
114  Constitution $490,000 $490,000 $480,000 77 3 2.1 TwnEndUn
52  Battalion Dr  $499,000 $499,000 $480,000 14 2 2.1 TwnIntUn
19  Keats Rd  $599,000 $510,000 $486,000 179 4 2.1 Bi-Level
19  Gerard Ave  $539,000 $539,000 $525,000 38 4 3 Bi-Level
100  S Fairview Dr  $590,000 $590,000 $590,000 15 3 2.1 Bi-Level
50  Whitenack Rd  $595,900 $595,900 $550,000 111 3 1 Ranch
17  Bradford Ln  $599,900 $599,900 $590,000 25 2 3.1 TwnIntUn
15  Knollcroft Rd  $689,000 $610,000 $592,500 159 4 2.1 Colonial
5  Patriot Hill Dr  $610,000 $610,000 $600,000 32 3 2.1 TwnIntUn
59  Dyckman Pl  $759,900 $644,000 $635,000 97 4 2.1 Colonial
2  Birch Dr  $649,999 $649,999 $650,000 18 4 2.1 Colonial
29  Hillside Ter  $650,000 $650,000 $640,000 44 5 3 Bi-Level
22  Georgetown Ct  $700,000 $698,000 $655,000 276 3 2.1 TwnEndUn
2  Hadley Ct  $719,900 $719,900 $725,000 16 4 3.1 TwnEndUn
81  Atlas Rd  $725,000 $725,000 $680,000 26 5 3 RanchExp
10  Dickinson Rd  $739,000 $739,000 $725,000 17 3 3.1 TwnIntUn
21  Benedict Cres  $750,000 $750,000 $722,500 49 3 2.1 TwnEndUn
37  Dickinson Rd  $755,000 $755,000 $711,000 10 3 2.1 TwnEndUn
44  Old Farm Rd  $849,900 $799,900 $715,000 98 4 2 RanchExp
9  Aberdeen Place  $829,900 $829,900 $795,000 0 4 2.1 Colonial
363  Mountain Rd  $839,000 $839,000 $829,000 6 3 2.1 Colonial
10  Hamilton Rd  $839,999 $839,999 $835,000 89 4 3.1 Colonial
50  Briar Ln  $875,000 $875,000 $875,000 21 4 3.1 Colonial
10  Pin Oak Ct  $880,000 $885,000 $865,000 98 4 2.2 Colonial
93  Wexford Way  $929,000 $929,000 $885,000 82 6 3.2 Colonial
3  Queenberry Way  $949,000 $949,000 $925,000 27 4 3.1 Colonial
53  Vanderveer Dr  $975,000 $975,000 $958,000 30 4 3.1 Colonial
112  Victoria Dr  $995,000 $995,000 $945,000 24 5 2.1 Colonial
56  Ramapo Dr  $1,049,000 $1,049,000 $1,049,000 14 4 4.1 Colonial
41  Summit Dr  $1,050,000 $1,050,000 $1,025,000 10 4 3.1 Colonial
21 Whispering woods $1,585,000 $1,585,000 $1,250,000 45 4 3.2 Colonial
29  Butternut Ln  $1,649,900 $1,649,900 $1,472,100 83 5 5.2 Colonial
15  Sunnybrook Rd  $1,850,000 $1,850,000 $1,750,000 81 7 5.1 Colonial
44  Royal Oak Dr  $3,928,000 $3,928,000 $3,700,000 27 7 8.3 Carriage

AVERAGE DAYS ON MARKET: 65    AVERAGE LISTING PRICE:        $785,232

AVERAGE SALE PRICE:  $671,250 % SALE PRICE / LIST PRICE:  95%

Bernards-Basking Ridge  Home sale Trends  

  June 2011 July Aug. Sept. Oct. Nov.
Average Listing Price $786,596 $785,344 $792,065 $787,374 $813,311 $828,352
Average Sale Price $584,792 $745,053 $668,674 $614,000 $622,694 $518,389
%Sale Price to List Price Ratio 98% 96% 96% 95% 96% 94%
Days on Market 47 91 87 65 88 77
# of ActiveListings 291 189 246 237 237 204
# of Closed Listings 67 39 49 26 34 20
  Dec. Jan Feb. March April May June 2011
Average Listing Price $812,860 $788,209 $873,091 $851,463 $825,490 $792,775 $785,232
Ave. Sale Price $556,381 $617,184 $596,318 $519,533 $422,119 $548,137 $671,250
%Sale Price to List Price Ratio 95% 96% 94% 95% 96% 96% 95%
Days On Market 88 70 105 98 61 78 65
# of ActiveListings 294 172 184 238 249 237 222
# of Closed Listings 41 19 11 25 26 24 34
  Active Listings New Listings Under Contract Sold Listings Average SP/LP
# Beds Avg LP Avg LP Avg LP Avg LP DOM %
1 $228,150 $210,967 $219,900 $205,000 27 95%
2 $338,067 $322,765 $305,212 $297,567 38 97%
3 $547,533 $596,538 $535,488 $555,182 85 97%
4 $792,278 $782,136 $777,992 $780,324 69 95%
5 $1,577,257 $983,286 $1,288,436 $1,097,420 52 93%
TOWN $785,232 $644,958 $761,355 $671,250 65 95%
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