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The Sue Adler Team Bernards-Basking Ridge Market Stats May 2011

Bernards – Basking Ridge May 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 Bernards-Basking Ridge, 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	Price at Sale	Sale Price	DOM	Beds	Baths	Style
133 Countryside Dr	$214,500	$199,900	$185,000	160	1	1	FirstFlr
138 Potomac Dr	$239,900	$239,900	$227,500	22	1	1	OneFloor
115 Smithfield Court	$249,000	$249,000	$240,000	80	2	1	OneFloor
272 English Pl	$255,000	$249,900	$238,000	46	2	2	OneFloor
2804 Hemlock Pl	$270,000	$250,000	$228,842	62	2	2.1	MultiFlr
152 Alexandria Way	$264,900	$259,900	$242,500	57	2	2	OneFloor
3101 Hemlock Pl	$285,000	$269,000	$270,500	37	2	2.1	MultiFlr
104 Smithfield Ct	$319,900	$314,900	$300,000	60	2	2	OneFloor
248 Crabtree Ct	$340,000	$340,000	$320,000	7	2	2.1	TwnIntUn
42 Chestnut Ct	$359,000	$359,000	$350,000	40	2	2.1	TwnEndUn
117 Tulip Ln	$359,500	$359,500	$353,000	14	2	3.1	TwnEndUn
51 Sycamore Ct	$379,900	$379,900	$375,000	75	2	2.1	TwnIntUn
18 Hopkinson Ct	$429,000	$429,000	$424,000	4	2	2.1	TwnIntUn
13 Bradford Ln	$475,000	$475,000	$427,500	60	2	2.1	TwnIntUn
297 S Finley Ave	$479,000	$479,000	$455,000	45	3	2	Colonial
19 Bradford Ln	$499,000	$499,000	$485,000	48	2	2.1	TwnEndUn
497 Old Mine Brook Rd	$525,000	$525,000	$516,000	52	4	3	RanchExp
49 Mayflower Dr	$529,999	$529,999	$530,000	54	3	2.1	TwnEndUn
43 Georgetown Ct	$698,000	$698,000	$635,000	83	3	2.1	TwnEndUn
16 Hadley Ct	$699,997	$699,997	$680,000	48	3	2.1	TwnEndUn
5 Joanna Ct	$989,000	$925,000	$875,000	120	4	3.1	Colonial
15 Conkling St	$985,000	$985,000	$985,000	8	5	5	Colonial
11 Pin Oak Ct	$995,000	$995,000	$990,000	11	4	3.1	Colonial
17 Colts Glen Ln	$1,795,000	$1,690,000	$1,485,000	287	4	5.1	Colonial

AVERAGE DAYS ON MARKET: 78 AVERAGE LISTING PRICE: $792,775

AVERAGE SALE PRICE: $548,137 % SALE PRICE / LIST PRICE: 96%

Bernards-Basking Ridge Home sale Trends

	May 2010	June	July	Aug.	Sept.	Oct.
Average Listing Price	$780,882	$786,596	$785,344	$792,065	$787,374	$813,311
Average Sale Price	$633,161	$584,792	$745,053	$668,674	$614,000	$622,694
%Sale Price to List Price Ratio	96%	98%	96%	96%	95%	96%
Days on Market	69	47	91	87	65	88
# of Active Listings	294	291	189	246	237	237
# of Closed Listings	41	67	39	49	26	34

	Nov.	Dec.	Jan	Feb.	March	April	May2011
Average Listing Price	$828,352	$812,860	$788,209	$873,091	$851,463	$825,490	$792,775
Ave. Sale Price	$518,389	$556,381	$617,184	$596,318	$519,533	$422,119	$548,137
%Sale Price to List Price Ratio	94%	95%	96%	94%	95%	96%	96%
Days On Market	77	88	70	105	98	61	78
# of Active Listings	204	294	172	184	238	249	237
# of Closed Listings	20	41	19	11	25	26	24

	Active Listings	New Listings	Under Contract	Sold Listings	Average	SP/LP
# Beds	Avg LP	Avg LP	Avg LP	Avg LP	DOM	%
1	$222,733	$206,030	$212,200	$197,900	88	95%
2	$344,928	$339,762	$347,127	$314,074	64	97%
3	$531,185	$526,414	$527,298	$491,234	90	96%
4	$898,114	$940,273	$796,490	$780,212	88	95%
5	$1,677,211	$1,576,780	$1,212,448	$1,222,996	73	97%
TOWN	$792,775	$782,152	$619,071	$548,137	78	96%

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The Sue Adler Team Bernards-Basking Ridge Market Stats May 2011

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