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The Sue Adler Team Mendham Market Stats December 2015

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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 Mendham, 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.

Mendham Borough
Address OLP LP SP BRM BTH STYLE SP/LP DOM
10 Aster Ter $549,000 $399,000 $390,000 3 3.1 Custom 98% 574
14 Levitan Lane $169,000 $129,000 $115,000 2 1 Cottage 89% 240
5 Herbann Ln $149,000 $129,000 $105,000 2 2 Cottage 81% 117
307 Mendham Rd W $499,000 $390,000 $383,250 4 2 Colonial 98% 158
20 Lowery Ln $849,900 $839,000 $790,000 5 4.1 Colonial 94% 124
131 Hardscrabble Rd $1,080,000 $1,080,000 $975,000 4 2.1 Colonial 90% 106
7 Coe Farm Rd $1,150,000 $1,098,000 $1,088,000 5 4.2 Colonial 99% 123
15 White Oak Ridge Ct $1,399,000 $1,325,000 $1,262,450 6 5.1 Colonial 95% 120
Averages: $730,613 $673,625 $638,588 93% 195
Mendham Twp
Address OLP LP SP BRM BTH STYLE SP/LP DOM
8 Colonial Rd $499,000 $499,000 $499,000 4 2 Ranch 100% 6
42 Essex Dr $539,000 $525,000 $495,000 3 2.1 TwnEndUn 94% 93
12 N Gate Rd $949,900 $949,900 $917,450 4 3 Colonial 97% 16
35 E Main St $1,049,000 $1,049,000 $999,000 5 4.2 Colonial 95% 19
3 Beach Ln $1,399,000 $1,399,000 $1,401,000 5 4.1 Colonial 100% 16
Averages: $887,180 $884,380 $862,290 97% 30
Mendham Averages: $808,896 $779,003 $750,439 95% 113
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