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

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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 OLP LP SP DOM BRS BTH STYLE
340 Penns Way $219,900 $219,900 $215,000 35 2 2 OneFloor
171 Jamestown Rd $234,000 $234,000 $215,000 149 2 2 FirstFlr
147 Jamestown Rd $245,000 $239,500 $232,500 91 2 1 TwnEndUn
58 Alexandria Way $314,000 $279,900 $273,500 181 2 2 OneFloor
267 English Pl $295,900 $284,900 $280,500 49 2 2.1 TwnEndUn
312 Potomac Dr $299,900 $289,900 $272,000 147 2 2 TwnEndUn
118 Conkling St $359,000 $359,000 $275,000 142 4 1.1 CapeCod
141 Village Dr $399,900 $369,999 $355,000 169 3 2.1 TwnIntUn
84 Highland Ave $453,800 $453,800 $425,000 31 4 2 Custom
65 Highland Ave $525,000 $525,000 $500,000 14 3 2.1 Ranch
65 S Alward Ave $549,900 $549,900 $549,900 13 3 2 Ranch
215 Patriot Hill Dr $575,000 $575,000 $557,500 19 3 2.1 TwnIntUn
117 Goltra Dr $625,000 $595,000 $592,000 162 4 2.1 Bi-Level
23 Forest Trl $599,000 $599,000 $573,000 14 4 2.1 Colonial
128 Patriot Hill Dr $665,000 $645,000 $630,000 98 3 2.1 TwnEndUn
47 Alder Ln $700,000 $700,000 $695,000 11 4 3.1 Colonial
68 Liberty Ridge Rd $790,000 $779,000 $764,000 109 5 3.1 Colonial
26 Cedar St $826,000 $797,000 $768,000 80 3 3 CapeCod
75 Landau Rd $814,900 $814,900 $815,000 14 5 4.1 Colonial
37 Chimney Ash Farm Rd $825,000 $825,000 $770,000 35 4 2.1 Colonial
67 Vanderveer Dr $1,069,900 $1,069,900 $1,060,000 34 4 4.1 Colonial

Bernards-Basking Ridge  Home sale Trends

 

Oct.2010

Nov.

Dec.

Jan

Feb.

March

Average Listing Price

$813,311

$828,352

$812,860

$788,209

$873,091

$851,463

Average Sale Price

$622,694

$518,389

$556,381

$617,184

$596,318

$519,533

%Sale Price to List Price Ratio

96%

94%

95%

96%

94%

95%

Days on Market

88

77

88

70

105

98

# of Active

Listings

237

204

294

172

184

238

# of Closed Listings

34

20

41

19

11

25

 

April

May

June

July

Aug.

Sept.

Oct. 2011

Ave. List Price

$825,490

$792,775

$785,232

$818,627

$786,451

$809,041

$865,269

Ave. Sale Price

$422,119

$548,137

$671,250

$675,894

$748,820

$701,993

$506,468

%Sale Price to List Price Ratio

96%

96%

95%

97%

96%

96%

96%

Days On Market

61

78

65

70

71

86

83

# of Active

Listings

249

237

222

259

227

230

205

# of Closed Listings

26

24

34

49

47

30

21

 

Active Listings

New Listings

Under Contract

Sold Listings

Average

SP/LP

# Beds

Avg LP

Avg LP

Avg LP

Avg LP

DOM

%

1

$222,030

$174,500

$0

$0

0

0%

2

$332,498

$346,300

$324,129

$248,083

109

96%

3

$517,085

$505,560

$571,667

$572,080

76

97%

4

$814,838

$732,211

$852,114

$615,833

70

95%

5

$1,774,208

$1,700,750

$1,182,580

$789,500

62

99%

TOWN

$865,269

$705,673

$720,982

$506,468

83

96%

 

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