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The Sue Adler Team Glen Ridge August 2011 Market Stats

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GLEN RIDGE August 2011 Home Sales and StatsData 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
21 Hawthorne Avenue $389,000 $389,000 $389,000 20 3 2 Colonial
65 Sunset Ave $399,000 $399,000 $441,000 23 4 2.1 CapeCod
36 Ridgewood Ave $399,900 $399,900 $383,000 34 4 1.1 Colonial
9 Outlook Pl $449,000 $449,000 $462,500 33 4 1 Colonial
30 Lorraine St $439,000 $469,000 $469,000 52 4 2.1 Colonial
141 Sherman Ave $549,000 $549,000 $545,000 14 5 2.1 Colonial
2 Hamilton Rd $599,900 $599,900 $590,000 34 5 2 Colonial
22 Winsor Pl $629,000 $629,000 $610,000 17 5 2.2 Colonial
45 Forest Ave $699,000 $699,000 $728,000 18 5 2.1 Colonial
9 Tuxedo Rd $709,000 $709,000 $710,000 17 4 3.1 Colonial
42 Glen Ridge Pkwy $929,000 $929,000 $952,000 26 5 3.2 Colonial
49 Woodland Ave $1,150,000 $1,150,000 $1,050,000 49 6 3.1 Victorian

AVERAGE DAYS ON MARKET:  28  AVERAGE LISTING PRICE: $534,754

AVERAGE SALE PRICE: $610,792 % SALE PRICE / LIST PRICE:             99%

Aug. 2010
Sept.
Oct.
Nov.
Dec
Jan
Ave Listing Price
$596,321
$617,820
$559,705
$596,321
$596,321
$472,930
Ave Sale Price
$625,250
$705,750
$454,267
$625,250
$625,250
$620,000
%Sale/List Price Ratio
100%
99%
98%
100%
100%
104%
DOM
55
68
60
55
55
37

#Active

Listings

36
45
43
36
36
27
#Closed Listings
10
4
9
10
10
4
Feb.
Mar.
April
May
June
July
Aug.2011
Ave Listing Price
$444,519
$516,300
$555,289
$555,995
$540,500
$562,137
$534,754
Ave Sale Price
$536,000
$488,800
$513,792
$565,389
$625,250
$634,714
$610,792
% Sale/List Ratio
99%
102%
100%
98%
103%
100%
99%
DOM
81
41
78
28
106
55
28
# Active Listings
37
43
47
39
36
41
48
#Closed Listings
4
5
7
9
11
9
12
GLEN RIDGE
Active Listings
New Listings
Under Contract
Sold Listings

Average

SP/LP
# Beds
Avg LP
Avg LP
Avg LP
Avg LP
DOM
%
1
$110,983
$0
$0
$0
0
0%
2
$424,600
$499,500
$415,000
$0
0
0%
3
$375,067
$0
$259,900
$389,000
20
100%
4
$531,880
$619,000
$449,500
$493,100
32
102%
5
$788,050
$899,500
$898,200
$745,833
26
98%
TOWN
$534,754
$707,300
$673,878
$610,792
28
99%
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