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 South Orange, 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 |
| 64 4Th St |
$260,000 |
$260,000 |
$245,000 |
266 |
4 |
3 |
Colonial |
| 31-41 Church St # 304 |
$293,000 |
$293,000 |
$275,000 |
67 |
1 |
1.1 |
OneFloor |
| 14 Village Green Ct |
$419,000 |
$379,000 |
$379,000 |
80 |
2 |
2.1 |
TwnEndUn |
| 261 Village Rd |
$429,000 |
$429,000 |
$425,000 |
8 |
3 |
1.2 |
Colonial |
| 380 Harding Dr |
$567,500 |
$519,000 |
$502,900 |
139 |
4 |
3 |
Colonial |
| 461 Lenox Ave |
$559,000 |
$539,000 |
$540,000 |
76 |
3 |
2.2 |
Tudor |
| 330 S Ridgewood Rd |
$599,000 |
$575,000 |
$521,000 |
91 |
4 |
3 |
RanchRas |
| 63 Montrose Ave |
$672,500 |
$659,000 |
$639,000 |
68 |
6 |
2.1 |
Victrian |
| 126 Turrell Ave |
$779,000 |
$749,900 |
$730,000 |
101 |
5 |
3.1 |
Tudor |
| 317 Forest Rd |
$1,300,000 |
$1,300,000 |
$1,270,000 |
42 |
6 |
5.3 |
Colonial |
AVERAGE DAYS ON MARKET: 66Â AVERAGE LISTING PRICE: $487,561
AVERAGE SALE PRICE:Â $591,429 % SALE PRICE / LIST PRICE: 97%
| |
Oct. 2010 |
Nov. |
Dec. |
Jan. |
Feb. |
Mar. |
| Ave Listing Price |
$560,074 |
$539,679 |
$549,604 |
$539,376 |
$528,018 |
$533,893 |
| Ave Sale Price |
$522,143 |
$492,000 |
$368,300 |
$479,409 |
$592,550 |
$591,400 |
| %Sale/List Ratio |
97% |
96% |
97% |
94% |
92% |
95% |
| DOM |
84 |
72 |
107 |
90 |
98 |
149 |
| #Active Listings |
180 |
176 |
152 |
151 |
155 |
176 |
| # Closed Listings |
7 |
9 |
11 |
12 |
11 |
7 |
| |
April |
May |
June |
July |
Aug. |
Sept. |
Oct. 2011 |
| Ave Listing Price |
$555,271 |
$530,651 |
$518,044 |
$509,888 |
$485,982 |
$504,284 |
$487,561 |
| Ave Sale Price |
$428,250 |
$379,564 |
$723,036 |
$598,793 |
$428,059 |
$505,797 |
$591,429 |
| %Sale/ List  Ratio |
95% |
93% |
93% |
96% |
93% |
94% |
97% |
| DOM |
74 |
80 |
98 |
50 |
116 |
75 |
66 |
| # Active Listings |
143 |
180 |
161 |
155 |
129 |
146 |
139 |
| # Closed Listings |
9 |
16 |
13 |
23 |
18 |
11 |
10 |
| |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average |
SP/LP |
| # Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
DOM |
% |
| 1 |
$188,450 |
$0 |
$54,000 |
$275,000 |
67 |
94% |
| 2 |
$302,737 |
$324,000 |
$220,000 |
$379,000 |
80 |
100% |
| 3 |
$357,848 |
$329,725 |
$506,633 |
$482,500 |
42 |
100% |
| 4 |
$462,314 |
$513,500 |
$558,650 |
$521,000 |
91 |
91% |
| 5 |
$634,388 |
$599,813 |
$499,300 |
$1,000,000 |
72 |
98% |
| TOWN |
$487,561 |
$526,718 |
$474,550 |
$591,429 |
66 |
97% |
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