CHATHAM August 2011 Home Sales and 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 Chatham, 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 |
| Chatham Boro | |||||||
| 45 Minton Ave | $498,888 | $498,888 | $542,888 | 10 | 3 | 1.1 | CapeCod |
| 7 Lafayette Pl | $589,000 | $569,000 | $535,000 | 36 | 3 | 1.1 | Colonial |
| 114 Lafayette Ave | $600,000 | $600,000 | $587,000 | 15 | 3 | 1.1 | Colonial |
| 4 Dempster Rd | $619,000 | $619,000 | $585,000 | 70 | 4 | 3 | Colonial |
| 68 N Summit Ave | $639,000 | $639,000 | $639,000 | 14 | 3 | 2 | Colonial |
| 29 E Coleman Ave | $649,000 | $649,000 | $655,000 | 15 | 4 | 2 | CapeCod |
| 207 Hillside Ave | $660,000 | $660,000 | $630,000 | 79 | 3 | 2.2 | Custom |
| 48 Jackson Avenue | $899,900 | $899,900 | $890,000 | 15 | 3 | 2.1 | Colonial |
| 1 Broadview Ter | $1,199,000 | $1,199,000 | $1,225,000 | 10 | 4 | 3 | CapeCod |
| Chatham Twp. | |||||||
| 8F Vernon Ln | $117,999 | $112,999 | $105,000 | 87 | 1 | 1 | OneFloor |
| 14C Kensington Rd Apt C | $235,000 | $235,000 | $215,000 | 40 | 1 | 1 | OneFloor |
| 14 Kensington Rd Apt G | $250,000 | $250,000 | $255,000 | 23 | 1 | 1 | TwnIntUn |
| 9D Heritage Dr | $280,000 | $268,000 | $252,000 | 78 | 1 | 1 | FirstFlr |
| 6 Cedar Ln | $335,000 | $335,000 | $335,000 | 0 | 3 | 1 | CapeCod |
| 110 Meyersville Rd | $399,900 | $389,900 | $360,000 | 114 | 3 | 1.1 | CapeCod |
| 316 Southern Blvd | $569,000 | $522,000 | $487,000 | 112 | 4 | 3 | SplitLev |
| 59 Hampton Rd | $789,000 | $789,000 | $782,500 | 42 | 4 | 2.1 | Colonial |
| 9 Joanna Way | $799,000 | $799,000 | $810,000 | 11 | 3 | 2 | Ranch |
| 174 Meyersville Rd | $869,000 | $850,000 | $829,750 | 77 | 4 | 4 | Colonial |
| 41 Rose Ter | $875,000 | $875,000 | $845,000 | 31 | 3 | 2.1 | Colonial |
| 15 Williams Rd | $949,000 | $938,000 | $910,000 | 114 | 4 | 3 | Colonial |
| 85 Glenmere Dr | $1,189,000 | $1,189,000 | $1,160,000 | 10 | 4 | 2.1 | Colonial |
| 142 Van Houton Ave | $1,195,000 | $1,195,000 | $1,120,000 | 86 | 5 | 4 | Custom |
| 47 Huron Dr | $1,195,000 | $1,195,000 | $1,150,000 | 44 | 4 | 2.1 | Colonial |
| 28 Peppermill Rd | $1,375,000 | $1,375,000 | $1,375,000 | 17 | 4 | 2.1 | Colonial |
| 9 Crestwood Dr | $1,400,000 | $1,400,000 | $1,501,000 | 16 | 4 | 3.1 | Colonial |
| 38 Rolling Hill Dr | $3,350,000 | $3,150,000 | $2,900,000 | 111 | 6 | 6.2 | Colonial |
AVERAGE DAYS ON MARKET:Â 47 Â AVERAGE LISTING PRICE: $858,460
AVERAGE SALE PRICE: $803,005 % SALE PRICE / LIST PRICE:Â Â Â Â Â Â Â Â Â Â Â Â 98%
|
|
Aug.2010
|
Sept.
|
Oct.
|
Nov.
|
Dec.
|
Jan.
|
|
Ave Listing Price
|
$834,056
|
$814,433
|
$843,701
|
$953,578
|
$800,832
|
$832,363
|
|
Ave Sale Price
|
$1,027,071
|
$947,104
|
$900,186
|
$812,068
|
$980,875
|
$902,769
|
|
%Sale/List Price Ratio
|
97%
|
95%
|
96%
|
97%
|
97%
|
96%
|
|
DOM
|
63
|
94
|
50
|
54
|
74
|
59
|
|
#Active Listings
|
164
|
167
|
162
|
128
|
108
|
107
|
|
# Closed Listings
|
21
|
23
|
21
|
13
|
19
|
14
|
|
|
Feb.
|
Mar.
|
April
|
May
|
June
|
July
|
Aug. 2011
|
|
Ave Listing Price
|
$856,193
|
$863,621
|
$930,470
|
$954,257
|
$899,742
|
$892,039
|
$858,460
|
|
Ave Sale Price
|
$856,193
|
$840,947
|
$895,821
|
$722,273
|
$788,681
|
$982,461
|
$803,005
|
|
% Sale /List Price Ratio
|
97%
|
96%
|
98%
|
97%
|
100%
|
98%
|
98%
|
|
DOM
|
80
|
88
|
48
|
78
|
49
|
42
|
47
|
|
# Active Listings
|
118
|
140
|
159
|
179
|
178
|
156
|
128
|
|
# Closed Listings
|
10
|
19
|
24
|
30
|
30
|
29
|
27
|
|
CHATHAM BORO
|
Active Listings
|
New Listings
|
Under Contract
|
Sold Listings
|
Average
|
SP/LP
|
|
# Beds
|
Avg LP
|
Avg LP
|
Avg LP
|
Avg LP
|
DOM
|
%
|
|
1
|
$0
|
$0
|
$0
|
$0
|
0
|
0%
|
|
2
|
$624,250
|
$0
|
$399,500
|
$0
|
0
|
0%
|
|
3
|
$583,954
|
$619,500
|
$591,000
|
$637,315
|
28
|
99%
|
|
4
|
$823,653
|
$1,037,000
|
$868,500
|
$821,667
|
32
|
100%
|
|
5
|
$1,489,967
|
$0
|
$0
|
$0
|
0
|
0%
|
|
TOWN
|
$737,140
|
$828,250
|
$682,571
|
$698,765
|
29
|
99%
|
|
CHATHAM TWP
|
Active Listings
|
New Listings
|
Under Contract
|
Sold Listings
|
Average
DOM
|
SP/LP
|
|
# Beds
|
Avg LP
|
Avg LP
|
Avg LP
|
Avg LP
|
|
|
|
1
|
$271,940
|
$309,000
|
$200,000
|
$206,750
|
57
|
95%
|
|
2
|
$402,670
|
$428,888
|
$376,000
|
$0
|
0
|
0%
|
|
3
|
$955,952
|
$437,000
|
$432,000
|
$587,500
|
39
|
98%
|
|
4
|
$865,743
|
$885,000
|
$809,760
|
$1,024,406
|
54
|
99%
|
|
5
|
$1,368,737
|
$918,750
|
$1,067,000
|
$2,010,000
|
99
|
93%
|
|
TOWN
|
$931,252
|
$705,689
|
$666,567
|
$855,125
|
56
|
97%
|
| ALL TOWNS |
$858,460
|
$740,706
|
$672,463
|
$803,005
|
47
|
98%
|
Never miss important New Jersey real estate news or changing market conditions! 
Welcome! We look forward to getting to know you and helping you achieve your real estate goals. We care about your safety, and as such, we’d like to introduce you to The Sue Adler Team’s Safe Home Selling Process.