South Orange September 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 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 |
609 S Orange Ave | $220,000 | $220,000 | $195,000 | 1 | 2 | 2.1 | HighRise |
149A W Montrose Ave | $295,000 | $295,000 | $250,000 | 28 | 2 | 1 | Ranch |
529 Scotland Rd | $399,000 | $299,000 | $299,000 | 91 | 4 | 3.1 | Colonial |
58 University Ct | $519,000 | $499,000 | $470,000 | 141 | 4 | 1.2 | Colonial |
250 Thornden St | $525,000 | $525,000 | $400,000 | 44 | 5 | 3.1 | Colonial |
541 Grove Ter | $525,000 | $525,000 | $526,000 | 9 | 3 | 2.2 | Colonial |
228 Audley St | $629,000 | $565,000 | $520,000 | 70 | 4 | 2.1 | Colonial |
257 Irving Ave | $659,000 | $599,000 | $599,000 | 130 | 4 | 3.1 | Colonial |
235 Irving Ave | $649,000 | $599,000 | $550,000 | 137 | 6 | 3.1 | Colonial |
128 Blanchard Rd | $625,000 | $625,000 | $567,500 | 0 | 3 | 3 | Contemp |
22 Harrison Ct | $749,000 | $699,990 | $665,000 | 89 | 5 | 3 | Colonial |
11 Hoskier Rd | $889,000 | $745,000 | $681,058 | 123 | 6 | 3.2 | Colonial |
235 Mayhew Dr | $799,000 | $775,000 | $747,000 | 77 | 4 | 3.1 | Tudor |
AVERAGE DAYS ON MARKET: Â 63 AVERAGE LISTING PRICE: $394,690
AVERAGE SALE PRICE:Â $465,952 % SALE PRICE / LIST PRICE:Â Â Â Â Â Â 97%
Sept.2010
|
Oct.
|
Nov.
|
Dec.
|
Jan.
|
Feb.
|
|
Average Listing Price
|
$451,016
|
$441,596
|
$454,445
|
$436,129
|
$434,432
|
$432,320
|
Average Sale Price
|
$500,615
|
$725,818
|
$408,393
|
$417,288
|
$398,169
|
$416,082
|
%Sale Price to List Price Ratio
|
98%
|
149%
|
93%
|
94%
|
98%
|
97%
|
Days on Market
|
96
|
71
|
72
|
61
|
74
|
82
|
# of Active
Listings
|
212
|
205
|
188
|
150
|
151
|
168
|
# of Closed Listings
|
21
|
12
|
12
|
16
|
15
|
16
|
|
Mar.
|
April
|
May
|
June
|
July
|
Aug.
|
Sept. 2011
|
Ave List Price
|
$463,176
|
$460,427
|
$451,222
|
$436,476
|
$425,485
|
$407,479
|
$394,690
|
Ave Sale Price
|
$573,000
|
$519,875
|
$505,065
|
$480,172
|
$461,695
|
$517,943
|
$465,952
|
%Sale/List Price Ratio
|
97%
|
98%
|
97%
|
98%
|
95%
|
97%
|
97%
|
DOM
|
75
|
31
|
58
|
66
|
85
|
68
|
63
|
# Active
Listings
|
218
|
237
|
228
|
229
|
211
|
190
|
183
|
# Closed Listings
|
14
|
10
|
28
|
33
|
22
|
34
|
24
|
|
Active Listings
|
New Listings
|
Under Contract
|
Sold Listings
|
Average
|
SP/LP
|
# Beds
|
Avg LP
|
Avg LP
|
Avg LP
|
Avg LP
|
DOM
|
%
|
1
|
$147,200
|
$0
|
$0
|
$100,000
|
88
|
87%
|
2
|
$291,570
|
$714,900
|
$0
|
$250,000
|
36
|
84%
|
3
|
$326,843
|
$350,187
|
$388,750
|
$428,500
|
57
|
98%
|
4
|
$467,247
|
$563,800
|
$471,000
|
$525,889
|
76
|
97%
|
5
|
$655,111
|
$703,250
|
$633,000
|
$637,000
|
25
|
100%
|
TOWN
|
$394,690
|
$500,466
|
$450,125
|
$465,952
|
63
|
97%
|