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  • Sue Adler Team, Keller Williams Realty
  • 518 Millburn Avenue
  • Short HIlls, NJ 07078
  • M: 973.464.9129 (call first)
  • P: 973.250.4825 ext 101
  • F: 480.247.4891
  • E: info (at) sueadler.com
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Meet Sue Adler

Sue Adler has been the #1 Keller Williams agent in NJ for the past six years, and leads one of the top Keller Williams teams worldwide, with annual production that will top $95 million in 2013.

As an "Outlier" who grew up in the Real Estate business, Sue has proven that it's possible to start over in any market and succeed. She was formerly the...Read More »


Millburn-Short Hills Market Stats June 2011

MILLBURN – SHORT HILLS June 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 Short Hills or Millburn, 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 Orig. List $ Price at Sale Sale Price DOM Beds Baths Style
26  Meadowbrook Rd  $550,000 $550,000 $631,100 12 3 1.1 Colonial
7  Norwood Ter  $579,000 $579,000 $579,000 13 3 3 Ranch
78  Cypress St  $595,000 $585,000 $565,000 93 4 3 CapeCod
7  Woodland Rd  $679,900 $620,000 $585,699 77 4 1.2 Colonial
45  Greenwood Drive  $685,000 $685,000 $670,000 16 3 1.1 Colonial
49  Elm St  $739,000 $739,000 $750,000 27 4 2.1 RanchExp
61  Whitney Rd  $765,000 $765,000 $775,000 8 3 1.1 Colonial
32  Berkeley Rd  $799,000 $799,000 $830,000 8 4 3 Colonial
56  Elmwood Pl  $829,000 $829,000 $820,000 22 4 3 Colonial
18  Woodland Rd  $839,000 $839,000 $830,000 31 3 2.1 Colonial
47  Whitney Rd  $949,000 $899,000 $899,000 42 4 3.1 Colonial
96  Oakview Ter  $939,000 $939,000 $921,250 16 4 2.1 Colonial
2  Woodland Rd  $989,000 $989,000 $989,000 14 4 2.1 Colonial
6  Midhurst Rd  $995,000 $995,000 $965,000 38 4 2.1 Custom
27  Timber Acres Rd  $1,075,000 $999,000 $960,000 65 5 3.1 Colonial
15  Kean Rd  $999,000 $999,000 $950,000 15 4 3 Ranch
60  Addison Dr  $1,075,000 $1,075,000 $1,075,000 21 4 4.1 Colonial
21  Burnside Dr  $1,080,000 $1,080,000 $1,070,000 13 4 3.1 RanchExp
40  Hawthorne Rd  $1,150,000 $1,100,000 $1,100,000 68 4 2.2 Tudor
42  Nottingham Rd  $1,100,000 $1,100,000 $950,000 40 5 3.2 Tudor
100  Old Short Hills Rd  $1,324,000 $1,185,000 $1,201,000 179 3 2.1 Colonial
33  Kean Rd  $1,248,000 $1,248,000 $1,235,000 6 4 3.1 Ranch
41  Windermere Terrace  $1,395,000 $1,295,000 $1,250,000 92 4 4.1 Colonial
2  W Beechcroft Rd  $1,295,000 $1,295,000 $1,345,000 8 4 3.2 Colonial
25  Robert Dr  $1,350,000 $1,350,000 $1,288,000 14 5 3.1 RanchExp
87  Addison Dr  $1,360,000 $1,360,000 $1,360,000 0 5 3.1 SplitLev
10  Great Oak Dr  $1,475,000 $1,475,000 $1,475,000 8 4 5 Colonial
33  Merrywood Ln  $1,525,000 $1,525,000 $1,471,000 23 5 3.1 RanchExp
45  Hilltop Rd  $1,525,000 $1,525,000 $1,625,000 11 4 3.1 Colonial
150  Forest Drive  $1,550,000 $1,550,000 $1,495,000 22 4 3.1 Colonial
37  Hawthorne Road  $1,575,000 $1,575,000 $1,678,000 14 6 3.2 Colonial
95  Falmouth St  $1,595,000 $1,595,000 $1,525,000 21 6 4.1 Colonial
2  S Beechcroft Rd  $1,748,000 $1,699,000 $1,588,500 41 4 5.1 RanchExp
66  Browning Rd  $2,200,000 $2,200,000 $2,200,000 3 5 5 Colonial
10  E Hartshorn Dr  $2,390,000 $2,390,000 $2,350,000 57 5 6.1 Colonial
179  Western Dr  $2,395,000 $2,395,000 $2,540,000 12 6 4.1 Colonial
454  Long Hill Dr  $2,395,000 $2,395,000 $2,350,000 9 7 5.1 Colonial
49  Adams Ave  $2,795,000 $2,795,000 $2,500,000 54 5 3.3 Colonial
296  Hartshorn Dr  $3,250,000 $3,250,000 $3,350,000 7 5 6.1 Colonial
100  Stewart Rd  $3,495,000 $3,495,000 $3,315,000 2 7 6.1 Custom

AVERAGE DAYS ON MARKET: 30   AVERAGE LISTING PRICE: $1,575,106
AVERAGE SALE PRICE: $1,391,015  % SALE PRICE / LIST PRICE:  99%
Millburn-Short Hills   Home sale Trends June  2010- June 2011

 

June 2010

July

Aug.

Sept.

Oct.

Nov.

Ave. Listing Price

$1,697,901

$1,656,367

$1,611,738

$1,696,373

$1,670,012

$1,723,911

Ave Sale Price

$1,232,685

$1,344,031

$1,263,042

$1,120,043

$827,444

$854,225

%Sale/List Price Ratio

97%

95%

98%

98%

96%

98%

DOM

57

48

58

66

54

67

# of Active
Listings

165

146

141

141

136

131

# of Closed
Listings

41

25

25

25

25

8

 

Dec.

Jan

Feb.

Mar.

April 

May

June 2011

Ave. Listing Price

$1,786,633

$1,915,294

$1,699,789

$1,611,738

$1,591,605

$1,573,891

$1,575,106

Ave. Sale Price

$1,180,440

$941,106

$1,287,254

$1,263,042

$1,785,233

$827,400

$1,391,015

%Sale/Price Ratio

96%

96%

98%

98%

98%

97%

99%

DOM

71

69

95

58

66

45

30

# Active Listings

102

90

115

141

141

175

163

# Closed Listings

24

17

12

25

25

19

41

 

 

 

 

 

 

 

Active Listings

New Listings

Under Contract

Sold Listings

Average

SP/LP

# Beds

Avg LP

Avg LP

Avg LP

Avg LP

DOM

%

1

$249,000

$0

$249,000

$0

0

0%

2

$352,980

$385,000

$0

$0

0

0%

3

$641,297

$696,125

$613,091

$801,420

49

102%

4

$1,079,047

$1,074,219

$929,988

$1,083,339

33

99%

5+

$2,557,765

$1,761,067

$1,849,714

$2,067,462

20

98%

TOWN

$1,575,106

$1,243,161

$1,014,107

$1,391,015

30

99%

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