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The Sue Adler Team Chatham July 2011 Market Stats

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CHATHAM July  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 Chatham, 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.

CHATHAM BORO              
Address Original List List at Sale Sale Price DOM Beds Baths Style
163  Hillside Ave  $499,000 $499,000 $506,000 18 3 2 CapeCod
15  Vincent St  $615,000 $615,000 $640,000 22 3 1.2 Colonial
21  Willow St  $839,900 $839,900 $802,750 66 4 2.1 Colonial
12  Duchamp Pl  $899,000 $875,000 $855,000 71 4 2.2 Colonial
32  Oak Dr  $1,349,900 $1,349,900 $1,366,000 8 4 3.1 Colonial
               
CHATHAM TWP              
Address Original List List at Sale Sale Price DOM Beds Baths Style
24E  Heritage Dr  $329,000 $321,000 $285,000 102 2 1 OneFloor
10C  Heritage Dr  $325,000 $325,000 $320,000 5 2 2 TwnEndUn
9B  Heritage Dr  $350,101 $350,101 $350,101 0 2 2 TwnIntUn
121  Long Hill Lane  $569,000 $499,000 $480,000 109 3 2 CapeCod
21  Cedar Ln  $625,000 $625,000 $580,000 29 3 3 CapeCod
25  Mitchell Ave  $659,000 $659,000 $648,000 13 4 3 Bi-Level
2  Sycamore Dr  $699,000 $679,000 $611,803 54 3 2 Ranch
12  Johnson Drive  $699,000 $699,000 $678,000 29 4 2.1 SplitLev
31  Fairfax Ter  $769,000 $739,000 $685,000 75 3 2 CapeCod
12  Aberdeen Rd  $850,000 $850,000 $815,000 16 4 2.1 SplitLev
2  Willow Way  $899,000 $899,000 $875,000 44 4 2.1 Ranch
66  Lisa Dr  $1,099,000 $950,000 $950,000 210 5 3 Colonial
118 Van Houton Ave $995,000 $995,000 $975,000 17 4 2.1 SplitLev
57  Glenmere Dr  $1,050,000 $1,050,000 $1,050,000 9 4 3 Colonial
47  Johnson Dr  $1,059,000 $1,059,000 $1,059,000 22 4 2.1 Colonial
49  Thornley Dr  $1,195,000 $1,195,000 $1,150,000 21 4 2.1 Colonial
2  Mac Evoy Ave  $1,229,000 $1,229,000 $1,190,000 30 4 2.2 Colonial
6  Jodi Ln  $1,279,000 $1,279,000 $1,279,000 9 5 4.1 Contemp
34  Wickham Way  $1,350,000 $1,350,000 $1,425,000 11 5 3.2 Colonial
43  Wickham Way  $1,350,000 $1,350,000 $1,370,000 6 4 3.1 Colonial
39  Wickham Way  $1,625,000 $1,625,000 $1,655,000 9 5 4 Colonial
47  Rolling Hill Dr  $1,849,000 $1,849,000 $1,706,250 98 5 3.2 Custom
11  Rolling Hill Dr  $2,195,000 $2,095,000 $1,927,000 89 6 6.1 Colonial
59  May Dr  $2,395,000 $2,395,000 $2,250,000 22 6 5.1 Colonial

AVERAGE DAYS ON MARKET:  42  AVERAGE LISTING PRICE: $892,039

AVERAGE SALE PRICE: $982,461 % SALE PRICE / LIST PRICE:             98%
                                                     

Chatham    Home sale Trends July 2010-July 2011

  July 2011 August Sept. Oct. Nov. Dec.
Average Listing Price $869,435 $834,056 $814,433 $843,701 $953,578 $800,832
Average Sale Price $920,374 $1,027,071 $947,104 $900,186 $812,068 $980,875
%Sale Price to List Price Ratio 99% 97% 95% 96% 97% 97%
Days on Market 46 63 94 50 54 74
# of Active
Listings
158 164 167 162 128 108
# of Closed Listings 27 21 23 21 13 19
  Jan. Feb. Mar. April May June July 2011
Average Listing Price $832,363 $856,193 $863,621 $930,470 $954,257 $899,742 $892,039
Average Sale Price $902,769 $856,193 $840,947 $895,821 $722,273 $788,681 $982,461
% Sale Price to List Price Ratio 96% 97% 96% 98% 97% 100% 98%
Days On Market 59 80 88 48 78 49 42
# of Active Listings 107 118 140 159 179 178 156
# of Closed Listings 14 10 19 24 30 30 29
CHATHAM  BORO Active Listings New Listings Under Contract Sold Listings Average   SP/LP
# Beds Avg LP Avg LP Avg LP Avg LP DOM %
1 $0 $0 $0 $0 0 0%
2 $582,500 $0 $0 $0 0 0%
3 $617,718 $572,111 $613,983 $573,000 20 103%
4 $826,257 $0 $872,333 $1,007,917 48 99%
5 $1,489,967 $0 $0 $0 0 0%
TOWN $732,558 $572,111 $700,100 $833,950 37 100%
CHATHAM TWP Active Listings New Listings Under Contract Sold Listings Average DOM SP/LP
# Beds Avg LP Avg LP Avg LP Avg LP    
1 $251,170 $269,500 $199,333 $0 0 0%
2 $446,725 $0 $409,000 $318,367 36 96%
3 $949,283 $0 $721,600 $589,201 67 93%
4 $908,100 $945,200 $1,120,875 $981,667 21 98%
5 $1,731,857 $1,793,000 $2,499,667 $1,598,893 64 97%
TOWN $991,715 $1,064,400 $1,082,450 $1,014,746 44 97%
 ALL TOWNS $892,039 $831,211 $932,835 $982,461 42 98%
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