MILLBURN – SHORT HILLS    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 orMillburn, 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 | BRS | BTH | STYLE | LP:SP | DOM |
| 21 Meeker Pl | $339,000 | $339,000 | $352,500 | 3 | 1.1 | Colonial | 104% | 32 |
| 26 Rosedale Ave | $449,000 | $415,000 | $380,000 | 4 | 1 | Colonial | 85% | 116 |
| *28 Baltusrol Way | $695,000 | $659,000 | $640,000 | 4 | 2 | Ranch | 92% | 427 |
| 74 Old Short Hills | $672,384 | $672,384 | $610,000 | 4 | 2.1 | Colonial | 91% | 61 |
| *81 Oakview Ter | $990,000 | $859,000 | $815,000 | 4 | 3.1 | Colonial | 82% | 291 |
| *7 Homestead Ct | $1,095,000 | $999,000 | $960,000 | 6 | 3 | SplitLev | 88% | 196 |
| 25 Athens Rd | $1,250,000 | $1,250,000 | $1,175,000 | 4 | 3.1 | RanchExp | 94% | 57 |
| Averages | $784,340.57 | $741,912.00 | $704,642.86 | 90% | 169 |
Millburn-Short Hills   Home sale Trends
| Â |
Nov.2010 |
Dec. |
Jan |
Feb. |
Mar. |
April |
|
Ave. Listing Price |
$1,723,911 |
$1,786,633 |
$1,915,294 |
$1,699,789 |
$1,611,738 |
$1,591,605 |
|
Ave Sale Price |
$854,225 |
$1,180,440 |
$941,106 |
$1,287,254 |
$1,263,042 |
$1,785,233 |
|
%Sale/List Price Ratio |
98% |
96% |
96% |
98% |
98% |
98% |
|
DOM |
67 |
71 |
69 |
95 |
58 |
66 |
|
#ActiveListings |
131 |
102 |
90 |
115 |
141 |
141 |
|
#ClosedListings |
8 |
24 |
17 |
12 |
25 |
25 |
| Â |
May |
June |
July |
Aug. |
Sept. |
Oct. |
Nov. 2011 |
|
Ave.Listing Price |
$1,573,891 |
$1,575,106 |
$1,671,691 |
$1,728,611 |
$1,892,072 |
$1,611,738 |
$1,789,981 |
|
Ave. Sale Price |
$827,400 |
$1,391,015 |
$1,054,611 |
$1,042,909 |
$1,130,219 |
$1,027,688 |
$704,643 |
|
%Sale/Price Ratio |
97% |
99% |
97% |
97% |
98% |
95% |
95% |
|
DOM |
45 |
30 |
63 |
43 |
75 |
85 |
88 |
|
# ActiveListings |
175 |
163 |
255 |
121 |
119 |
136 |
128 |
|
#Closed Listings |
19 |
41 |
28 |
39 |
17 |
9 |
8 |
|
 |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average |
SP/LP |
|
# Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
DOM |
% |
|
1 |
$239,000 |
$239,000 |
$0 |
$0 |
0 |
0% |
|
2 |
$383,750 |
$383,750 |
$0 |
$0 |
0 |
0% |
|
3 |
$699,845 |
$891,000 |
$640,380 |
$352,500 |
32 |
104% |
|
4 |
$1,130,120 |
$1,083,000 |
$1,099,250 |
$724,000 |
105 |
94% |
|
5+ |
$2,591,910 |
$2,322,000 |
$1,446,333 |
$960,000 |
60 |
96% |
|
TOWN |
$1,789,981 |
$1,382,737 |
$994,825 |
$704,643 |
88 |
95% |
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