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The Sue Adler Team Maplewood July 2011 Market Stats

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MAPLEWOOD     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 Maplewood, 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 Original List List at Sale Sale Price DOM Beds Baths Style
46  Ohio St  $194,000 $184,000 $184,000 175 2 2 Ranch
44  Orchard Rd  $289,900 $189,900 $148,000 311 3 2 Colonial
129  Rutgers St  $229,000 $219,000 $210,000 108 3 2 CapeCod
30  Union Ave  $220,000 $220,000 $228,000 13 3 1 Ranch
1710  Edmund Ter  $260,000 $235,000 $210,000 240 3 2 Colonial
216  Laurel Ave  $235,000 $235,000 $225,000 65 3 2 Colonial
55  Oberlin St  $319,000 $309,000 $294,000 92 3 2.1 Colonial
45  Burr Rd  $399,000 $399,000 $425,000 9 3 1.2 Colonial
116  Plymouth Ave  $500,000 $450,000 $425,000 84 3 2.1 SplitLev
10  Norfolk Ave  $465,000 $465,000 $452,000 17 3 2.1 Colonial
616 S Orange Ave $499,000 $499,000 $415,000 7 2 2.1 HighRise
60  Tuscan Rd  $549,000 $525,000 $535,500 83 5 2.2 Colonial
515  Prospect St  $545,000 $537,000 $522,000 44 4 2.1 Colonial
16  Burnett Street  $575,000 $539,000 $542,000 42 4 2.2 Colonial
481  Summit Ave  $585,000 $585,000 $585,000 57 5 2.2 Colonial
22  Burnett Ter  $629,000 $629,000 $615,000 41 5 2.1 Colonial
13  Owen Dr  $715,000 $635,000 $605,085 108 4 2.2 Colonial
35  Ridgewood Ter  $745,000 $665,000 $610,000 103 5 3 Colonial
52  Kendal Ave  $679,000 $665,000 $660,000 47 4 2.2 Colonial
50  Pierson Rd  $719,000 $719,000 $690,000 13 4 2.1 Colonial
20  Beach Pl  $850,000 $850,000 $890,000 23 4 3 Colonial
616  W S.Orange $1,200,000 $895,000 $650,000 192 2 3.1 HighRise

AVERAGE DAYS ON MARKET:   85  AVERAGE LISTING PRICE: $425,485

AVERAGE SALE PRICE:  $461,695 % SALE PRICE / LIST PRICE:       95%

Maplewood   Home sale Trends  July 2010-July  2011

  July 2011 Aug. Sept. Oct. Nov. Dec.
Average Listing Price $440,918 $440,209 $451,016 $441,596 $454,445 $436,129
Average Sale Price $459,478 $531,698 $500,615 $725,818 $408,393 $417,288
%Sale Price to List Price Ratio 97% 99% 98% 149% 93% 94%
Days on Market 64 74 96 71 72 61
# of Active Listings 210 135 212 205 188 150
# of Closed Listings 26 29 21 12 12 16
  Jan. Feb. Mar. April May June July 2011
Ave List Price $434,432 $432,320 $463,176 $460,427 $451,222 $436,476 $425,485
Ave Sale Price $398,169 $416,082 $573,000 $519,875 $505,065 $480,172 $461,695
%Sale/List Price Ratio 98% 97% 97% 98% 97% 98% 95%
DOM 74 82 75 31 58 66 85
# Active Listings 151 168 218 237 228 229 211
# Closed Listings 15 16 14 10 28 33 22
  Active Listings New Listings Under Contract Sold Listings Average SP/LP
# Beds Avg LP Avg LP Avg LP Avg LP DOM %
1 $145,011 $0 $0 $0 0 0%
2 $323,494 $211,180 $223,450 $416,333 125 79%
3 $371,835 $386,136 $415,667 $274,000 107 96%
4 $480,279 $481,390 $504,200 $651,514 46 99%
5 $673,750 $654,500 $543,250 $586,375 71 98%
TOWN $425,485 $434,363 $451,935 $461,695 85 95%
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