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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 nine years, and leads one of the top Keller Williams teams worldwide, with annual production that will top $110 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

AddressOrig. List $Price at SaleSale PriceDOMBedsBathsStyle
26  Meadowbrook Rd $550,000$550,000$631,1001231.1Colonial
7  Norwood Ter $579,000$579,000$579,0001333Ranch
78  Cypress St $595,000$585,000$565,0009343CapeCod
7  Woodland Rd $679,900$620,000$585,6997741.2Colonial
45  Greenwood Drive $685,000$685,000$670,0001631.1Colonial
49  Elm St $739,000$739,000$750,0002742.1RanchExp
61  Whitney Rd $765,000$765,000$775,000831.1Colonial
32  Berkeley Rd $799,000$799,000$830,000843Colonial
56  Elmwood Pl $829,000$829,000$820,0002243Colonial
18  Woodland Rd $839,000$839,000$830,0003132.1Colonial
47  Whitney Rd $949,000$899,000$899,0004243.1Colonial
96  Oakview Ter $939,000$939,000$921,2501642.1Colonial
2  Woodland Rd $989,000$989,000$989,0001442.1Colonial
6  Midhurst Rd $995,000$995,000$965,0003842.1Custom
27  Timber Acres Rd $1,075,000$999,000$960,0006553.1Colonial
15  Kean Rd $999,000$999,000$950,0001543Ranch
60  Addison Dr $1,075,000$1,075,000$1,075,0002144.1Colonial
21  Burnside Dr $1,080,000$1,080,000$1,070,0001343.1RanchExp
40  Hawthorne Rd $1,150,000$1,100,000$1,100,0006842.2Tudor
42  Nottingham Rd $1,100,000$1,100,000$950,0004053.2Tudor
100  Old Short Hills Rd $1,324,000$1,185,000$1,201,00017932.1Colonial
33  Kean Rd $1,248,000$1,248,000$1,235,000643.1Ranch
41  Windermere Terrace $1,395,000$1,295,000$1,250,0009244.1Colonial
2  W Beechcroft Rd $1,295,000$1,295,000$1,345,000843.2Colonial
25  Robert Dr $1,350,000$1,350,000$1,288,0001453.1RanchExp
87  Addison Dr $1,360,000$1,360,000$1,360,000053.1SplitLev
10  Great Oak Dr $1,475,000$1,475,000$1,475,000845Colonial
33  Merrywood Ln $1,525,000$1,525,000$1,471,0002353.1RanchExp
45  Hilltop Rd $1,525,000$1,525,000$1,625,0001143.1Colonial
150  Forest Drive $1,550,000$1,550,000$1,495,0002243.1Colonial
37  Hawthorne Road $1,575,000$1,575,000$1,678,0001463.2Colonial
95  Falmouth St $1,595,000$1,595,000$1,525,0002164.1Colonial
2  S Beechcroft Rd $1,748,000$1,699,000$1,588,5004145.1RanchExp
66  Browning Rd $2,200,000$2,200,000$2,200,000355Colonial
10  E Hartshorn Dr $2,390,000$2,390,000$2,350,0005756.1Colonial
179  Western Dr $2,395,000$2,395,000$2,540,0001264.1Colonial
454  Long Hill Dr $2,395,000$2,395,000$2,350,000975.1Colonial
49  Adams Ave $2,795,000$2,795,000$2,500,0005453.3Colonial
296  Hartshorn Dr $3,250,000$3,250,000$3,350,000756.1Colonial
100  Stewart Rd $3,495,000$3,495,000$3,315,000276.1Custom

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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