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The Sue Adler Team Chatham Market Stats October 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 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
38 Hedges Ave $599,000 $549,000 $525,000 62 3 1 Colonial
8 Bartow Ln $699,000 $599,000 $570,000 92 4 2.1 Colonial
14 Van Doren Ave $744,900 $610,000 $570,000 161 3 2.1 Colonial
40 West Coleman Ave $839,900 $799,900 $768,000 111 4 2.1 Colonial
Chatham Twp.
160 Southern Blvd $260,000 $235,000 $227,000 495 2 3 Colonial
770 River Rd $429,000 $397,000 $369,000 105 2 2 CapeCod
88 Canterbury Rd $429,000 $429,000 $407,500 98 2 2.1 TwnEndUn
20 Britten Rd $599,000 $599,000 $560,000 63 4 3 Contemp
304 Southern Blvd $635,000 $609,900 $590,000 109 4 3.1 SplitLev
719 River Rd $775,000 $749,900 $715,000 69 4 3.1 Colonial
94 Sunset Dr $999,000 $889,000 $872,500 105 5 2.2 Colonial
7 Holly Dr $975,500 $975,500 $925,000 74 4 3 Ranch
AVERAGE DAYS ON MARKET:  132  AVERAGE LISTING PRICE: $888,873
AVERAGE SALE PRICE: $593,545 % SALE PRICE / LIST PRICE: 96%
Oct. 2010
Nov.
Dec.
Jan.
Feb.
Mar.
Ave Listing Price
$843,701
$953,578
$800,832
$832,363
$856,193
$863,621
Ave Sale Price
$900,186
$812,068
$980,875
$902,769
$856,193
$840,947
%Sale/List Ratio
96%
97%
97%
96%
97%
96%
DOM
50
54
74
59
80
88
#Active Listings
162
128
108
107
118
140
# Closed Listings
21
13
19
14
10
19
April
May
June
July
Aug.
Sept.
Oct.2011
Ave List Price
$930,470
$954,257
$899,742
$892,039
$858,460
$865,102
$888,873
Ave Sale Price
$895,821
$722,273
$788,681
$982,461
$803,005
$831,557
$593,545
% Sale/ List Ratio
98%
97%
100%
98%
98%
97%
96%
DOM
48
78
49
42
47
55
132
# Active Listings
159
179
178
156
128
128
126
# Closed Listings
24
30
30
29
27
25
19
CHATHAM BORO
Active Listings
New Listings
Under Contract
Sold Listings

Average

SP/LP
# Beds
Avg LP
Avg LP
Avg LP
Avg LP
DOM
%
1
$225,000
$225,000
$0
$0
0
0%
2
$587,000
$0
$0
$0
0
0%
3
$619,377
$625,333
$588,000
$547,500
112
94%
4
$720,407
$819,483
$770,500
$768,000
111
96%
5
$1,494,567
$998,500
$1,749,500
$0
0
0%
TOWN
$757,298
$728,764
$927,222
$621,000
111
95%
CHATHAM TWP
Active Listings
New Listings
Under Contract
Sold Listings

Average

DOM

SP/LP
# Beds
Avg LP
Avg LP
Avg LP
Avg LP
1
$271,150
$284,500
$0
$0
0
0%
2
$374,410
$353,333
$371,000
$334,500
233
95%
3
$938,633
$825,000
$0
$0
0
0%
4
$862,320
$1,039,667
$746,350
$697,500
79
95%
5
$1,570,190
$1,829,800
$1,950,000
$872,500
105
98%
TOWN
$961,971
$1,049,471
$759,283
$583,250
140
96%
ALL TOWNS
$888,873
$923,479
$860,046
$593,545
132
96%
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