Bernards – Basking Ridge September 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 | OLP | LP | SP | DOM | BRS | BTH | STYLE |
| 1 Potomac Dr | $224,000 | $224,000 | $210,000 | 55 | 1 | 1 | OneFloor |
| 142 Irving Place | $229,900 | $229,900 | $225,000 | 11 | 2 | 2 | FirstFlr |
| 257 Penns Way | $295,500 | $295,500 | $275,000 | 40 | 2 | 2.1 | TwnIntUn |
| 40 Valley View Dr | $379,900 | $379,900 | $379,900 | 8 | 2 | 2.1 | TwnEndUn |
| 17 Conkling St | $439,000 | $439,000 | $418,000 | 22 | 3 | 2 | CapeCod |
| 23 Raleigh Ct | $475,000 | $449,000 | $437,000 | 28 | 2 | 2.1 | TwnIntUn |
| 258 Alexandria Way | $449,900 | $449,900 | $432,000 | 69 | 3 | 2.1 | HalfDupl |
| 21 Knollcroft Rd | $474,900 | $474,900 | $474,900 | 8 | 4 | 2.1 | Colonial |
| 128 Constitution Way | $518,000 | $489,999 | $468,000 | 134 | 3 | 2.1 | TwnIntUn |
| 19 Hancock Ct | $565,000 | $499,000 | $499,000 | 141 | 3 | 2.1 | TwnIntUn |
| 184 Spencer Rd | $525,000 | $500,000 | $475,000 | 55 | 3 | 2 | CapeCod |
| 23 Mayflower Dr | $529,000 | $509,900 | $490,000 | 177 | 3 | 2.1 | TwnIntUn |
| 22 Dexter Drive North | $589,000 | $575,000 | $537,500 | 118 | 2 | 2.2 | TwnIntUn |
| 17 Patriot Hill Dr | $620,000 | $620,000 | $590,000 | 105 | 3 | 2.1 | TwnIntUn |
| 222 Patriot Hill Dr | $667,000 | $639,999 | $615,000 | 131 | 3 | 2.1 | TwnEndUn |
| 78 Carlisle Rd | $699,000 | $650,000 | $610,000 | 58 | 4 | 2.1 | Colonial |
| 12 Van Dorn Rd | $679,000 | $665,000 | $650,000 | 70 | 4 | 2.1 | Colonial |
| 18 Hadley Ct | $699,000 | $699,000 | $660,000 | 15 | 4 | 3.1 | TwnEndUn |
| 72 Liberty Ridge Rd | $725,000 | $725,000 | $712,000 | 51 | 4 | 3.1 | Colonial |
| 83 Tuxford Ter | $889,000 | $749,900 | $735,000 | 169 | 5 | 3 | Colonial |
| 65 Addison Dr | $795,000 | $795,000 | $780,000 | 27 | 4 | 2.1 | Colonial |
| 22 Hansom Rd | $809,000 | $799,000 | $740,000 | 39 | 5 | 3.1 | Colonial |
| 26 Hickory Dr | $875,000 | $875,000 | $855,000 | 44 | 4 | 2.1 | Colonial |
| 55 Kinnan Way | $925,000 | $899,000 | $865,000 | 73 | 5 | 2.1 | Colonial |
| 85 Manor Dr | $1,195,000 | $999,000 | $975,000 | 284 | 4 | 4.1 | Colonial |
| 23 Ramapo Dr | $1,084,500 | $1,084,500 | $1,042,000 | 19 | 5 | 3.2 | Colonial |
| 21 Sentry Ct | $1,395,000 | $1,295,000 | $1,232,500 | 120 | 4 | 4.1 | Colonial |
| 35 Old Farm Rd | $1,295,000 | $1,295,000 | $1,215,000 | 71 | 3 | 2.1 | CapeCod |
| 22 Royal Oak Dr | $1,724,000 | $1,575,000 | $1,480,000 | 182 | 5 | 4.2 | Colonial |
| 37 Emily Rd | $2,200,000 | $1,825,000 | $1,750,000 | 185 | 6 | 5.2 | Colonial |
AVERAGE DAYS ON MARKET: 86Â Â Â AVERAGE LISTING PRICE:Â Â Â Â Â $809,041
AVERAGE SALE PRICE: Â $701,993 % SALE PRICE / LIST PRICE:Â 96%
Bernards-Basking Ridge Home sale Trends
| Sept.2010 | Oct. | Nov. | Dec. | Jan | Feb. | |
| Average Listing Price | $787,374 | $813,311 | $828,352 | $812,860 | $788,209 | $873,091 |
| Average Sale Price | $614,000 | $622,694 | $518,389 | $556,381 | $617,184 | $596,318 |
| %Sale Price to List Price Ratio | 95% | 96% | 94% | 95% | 96% | 94% |
| Days on Market | 65 | 88 | 77 | 88 | 70 | 105 |
| # of Active
Listings
|
237 | 237 | 204 | 294 | 172 | 184 |
| # of Closed Listings | 26 | 34 | 20 | 41 | 19 | 11 |
| March | April | May | June | July | Aug. | Sept.2011 | |
| Ave. List Price | $851,463 | $825,490 | $792,775 | $785,232 | $818,627 | $786,451 | $809,041 |
| Ave. Sale Price | $519,533 | $422,119 | $548,137 | $671,250 | $675,894 | $748,820 | $701,993 |
| %Sale Price to List Price Ratio | 95% | 96% | 96% | 95% | 97% | 96% | 96% |
| Days On Market | 98 | 61 | 78 | 65 | 70 | 71 | 86 |
| # of Active
Listings
|
238 | 249 | 237 | 222 | 259 | 227 | 230 |
| # of Closed Listings | 25 | 26 | 24 | 34 | 49 | 47 | 30 |
| Active Listings | New Listings | Under Contract | Sold Listings | Average | SP/LP | |
| # Beds | Avg LP | Avg LP | Avg LP | Avg LP | DOM | % |
| 1 | $225,420 | $217,900 | $0 | $210,000 | 55 | 94% |
| 2 | $342,724 | $356,100 | $346,267 | $370,880 | 41 | 96% |
| 3 | $535,791 | $547,493 | $574,980 | $596,250 | 105 | 96% |
| 4 | $808,129 | $909,520 | $867,680 | $772,156 | 75 | 97% |
| 5 | $1,728,596 | $1,638,000 | $862,175 | $1,174,400 | 126 | 96% |
| TOWN | $809,041 | $877,867 | $688,282 | $701,993 | 86 | 96% |
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