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The Sue Adler Team Chatham Market Stats June 2011

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CHATHAM June 2011 Home Sales and 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 Orig. List Price Price at Sale Sale Price DOM Beds Baths Style
380  Main St #22  $289,000 $289,000 $279,000 79 2 1 TwnEndUn
7  Chestnut St  $499,999 $499,999 $470,000 9 2 2 Cottage
5  Vincent St  $549,000 $534,900 $497,500 170 3 1.1 SplitLev
52  N Summit Ave  $619,000 $600,000 $587,500 24 3 1.1 Colonial
19  Tallmadge Ave  $639,000 $609,000 $625,000 29 3 1.1 Colonial
132  Center Ave  $610,000 $610,000 $630,000 12 3 2 Colonial
152  Hillside Ave  $749,000 $689,000 $670,000 42 3 2 Colonial
14  Lafayette Pl  $699,000 $699,000 $635,000 39 4 2.1 Colonial
86  Watchung Ave  $714,900 $714,900 $702,000 48 3 2.1 Colonial
137  Hillside Ave  $865,000 $865,000 $827,000 54 4 2.1 Colonial
27  Dunbar Street  $1,195,000 $1,195,000 $1,351,000 15 4 3 Colonial
7  Woods Ln  $1,399,000 $1,299,000 $1,272,000 77 4 3.1 Colonial
137  Weston Ave  $1,299,000 $1,299,000 $1,299,999 15 5 3.2 Colonial
15  Chandler Rd  $1,425,000 $1,425,000 $1,555,000 11 4 3 Colonial
               
CHATHAM TWP              
Address Orig. List Price Price at Sale Sale Price DOM Beds Baths Style
26C  Heritage Dr  $259,900 $259,900 $237,000 171 1 1 OneFloor
277  Riveredge Dr  $265,000 $265,000 $245,000 22 1 1 TwnEndUn
195  Terrace Dr  $315,000 $315,000 $295,500 15 1 1 OneFloor
238  Riveredge Dr  $335,000 $320,000 $305,000 92 1 1 TwnIntUn
22 -I  Heritage Dr  $359,000 $359,000 $349,000 8 2 2 OneFloor
62  Canterbury Rd  $409,000 $399,000 $390,000 37 2 1.1 Colonial
15  Coachlight Dr  $455,000 $455,000 $455,000 18 3 2 MultiFlr
103  Riveredge Dr  $495,000 $495,000 $480,000 40 3 2.1 TwnEndUn
6  Whitman Dr  $675,000 $675,000 $685,000 7 3 1.1 Colonial
48  School Ave  $694,000 $694,000 $690,000 26 4 3 SplitLev
135  Noe Ave  $978,000 $978,000 $988,200 14 5 3.1 Custom
42  Candace Ln  $1,035,000 $1,035,000 $975,000 20 4 2.1 Colonial
9  Peppermill Rd  $1,219,000 $1,219,000 $1,255,500 15 4 2.1 Colonial
99  Glenmere Dr  $1,225,000 $1,225,000 $1,235,000 12 4 2.1 Colonial
4  Meadow Ct  $1,900,000 $1,779,000 $1,775,000 79 5 3.1 Colonial
620  Fairmount Ave  $1,849,000 $1,849,000 $1,775,000 166 6 6.1 Colonial

AVERAGE DAYS ON MARKET:   44      AVERAGE LIST PRICE: $760,828

AVERAGE SALE PRICE: $603,072  % SALE PRICE / LIST PRICE:  95%

LIVINGSTON    Home sale Trends   June 2010– June 2011

  June 2010 July Aug. Sep. Oct. Nov.
Ave Listing Price $729,295 $718,950 $731,538 $727,485 $691,045 $693,105
Ave Sale Price $738,732 $656,900 $712,045 $622,795 $611,480 $618,099
%Sale/List Price Ratio 93% 99% 96% 93% 98% 95%
DOM 69 47 64 80 96 73
#Active Listings 201 194 186 175 165 158
#Closed Listings 39 27 29 21 27 15
  Dec. Jan Feb. Mar. Apri May June 2011
Ave Listing Price $758,689 $745,045 $750,298 $783,290 $749,169 $756,786 $760,828
Ave Sale Price $560,083 $490,409 $508,889 $496,462 $482,077 $563,250 $603,072
%Sale/List Price Ratio 96% 97% 95% 97% 96% 100% 95%
DOM 57 52 68 80 62 42 44
# Active Listings 133 123 126 159 177 207 217
# Closed Listings 19 12 10 29 13 12 34
  Active Listings New Listings Under Contract Sold Listings Average SP/LP
# Beds Avg LP Avg LP Avg LP Avg LP DOM %
1 $1,300,000 $0 $0 $0 0 0%
2 $413,640 $353,600 $361,940 $370,000 154 97%
3 $476,722 $481,003 $458,993 $470,278 46 96%
4 $635,753 $677,583 $613,294 $549,300 43 96%
5 $1,554,952 $1,785,692 $1,334,250 $1,023,929 27 94%
TOWN $760,828 $855,765 $581,577 $603,072 44 95%
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