 SOUTH ORANGE   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 South Orange, 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 |
| 609 S Orange Ave | $245,000 | $228,000 | $208,000 | 101 | 2 | 2.1 | HighRise |
| 221 Lindsley Ave | $270,000 | $260,000 | $255,000 | 24 | 3 | 1.1 | Colonial |
| 105 Harding Dr | $419,000 | $374,950 | $370,000 | 62 | 4 | 3.1 | Contemp |
| 59 Stewart Pl | $459,000 | $399,000 | $399,000 | 95 | 4 | 2 | Colonial |
| 333Â Meadowbrook | $424,500 | $405,000 | $400,000 | 40 | 3 | 1 | Colonial |
| 466 Academy St | $429,000 | $409,000 | $405,000 | 93 | 5 | 1.1 | Colonial |
| 212 Montague Pl | $419,000 | $419,000 | $411,000 | 28 | 4 | 1 | Colonial |
| 26-40Â Church St | $430,125 | $430,125 | $415,000 | 49 | 3 | 2.1 | TwnIntUn |
| 301 Richmond Ave | $469,000 | $449,000 | $430,000 | 67 | 4 | 3 | Colonial |
| 311 Redmond Rd | $545,000 | $545,000 | $555,000 | 14 | 2 | 2.1 | Cottage |
| 105 Glenview Rd | $585,000 | $585,000 | $550,000 | 21 | 4 | 3.1 | Ranch |
| 39 Stanley Rd | $599,000 | $599,000 | $587,000 | 23 | 7 | 3.1 | Colonial |
| 129 Prospect Pl | $609,000 | $609,000 | $665,250 | 10 | 5 | 3.1 | Colonial |
| 426 Harding Dr | $699,000 | $649,000 | $625,000 | 97 | 5 | 4.1 | Colonial |
| 17 Foster Ct | $649,000 | $649,000 | $540,000 | 20 | 4 | 2.2 | RanchExp |
| 190 Great Hills Dr | $689,000 | $689,000 | $690,000 | 79 | 4 | 4.2 | RanchExp |
| 111 Blanchard Rd | $695,000 | $695,000 | $633,000 | 37 | 4 | 3.1 | CapeCod |
| 37Â Tillou Rd WÂ | $799,000 | $759,000 | $720,000 | 131 | 3 | 4.1 | TwnEndUn |
| 4Â Tillou Rd WÂ | $839,000 | $839,000 | $825,000 | 37 | 3 | 4.1 | TwnEndUn |
| 330 Prospect St | $850,000 | $850,000 | $830,000 | 28 | 7 | 3.1 | Victrian |
| 465 Harding Dr | $959,000 | $959,000 | $959,000 | 27 | 6 | 4.2 | Colonial |
| 6 Overhill Rd | $1,075,000 | $1,075,000 | $1,050,000 | 21 | 5 | 4.1 | Colonial |
| 333 Forest Rd | $1,399,999 | $1,399,999 | $1,250,000 | 49 | 6 | 4.2 | Colonial |
AVERAGE DAYS ON MARKET: 96Â AVERAGE LISTING PRICE: $509,888
AVERAGE SALE PRICE:Â $598,793 % SALE PRICE / LIST PRICE: 96%
South Orange Home Sale Trends July 2010-July 2011
| Â | July 2010 | Aug. Â | Sept. | Oct. Â | Nov. | Dec. |
| Average Listing Price | $581,681 | $597,667 | $576,446 | $560,074 | $539,679 | $549,604 |
| Average Sale Price | $565,692 | $507,550 | $630,406 | $522,143 | $492,000 | $368,300 |
| %Sale /Ratio | 96% | 95% | 96% | 97% | 96% | 97% |
| DOM | 71 | 72 | 71 | 84 | 72 | 107 |
| #Active Listings | 178 | 156 | 176 | 180 | 176 | 152 |
| #Closed Listings | 13 | 18 | 16 | 7 | 9 | 11 |
| Â | Jan. | Feb. | Mar. | April | May | June | July 2011 |
| Average Listing Price | $539,376 | $528,018 | $533,893 | $555,271 | $530,651 | $518,044 | $509,888 |
| Average Sale Price | $479,409 | $592,550 | $591,400 | $428,250 | $379,564 | $723,036 | $598,793 |
| %Sale Price to List Price Ratio | 94% | 92% | 95% | 95% | 93% | 93% | 96% |
| Days On Market | 90 | 98 | 149 | 74 | 80 | 98 | 50 |
| # of Active Listings | 151 | 155 | 176 | 143 | 180 | 161 | 155 |
| # of Closed Listings | 12 | 11 | 7 | 9 | 16 | 13 | 23 |
| July 2011 | Active Listings | New Listings | Under Contract | Sold Listings | Average | SP/LP |
| # Beds | Avg LP | Avg LP | Avg LP | Avg LP | DOM | % |
| 1 | $210,596 | $199,000 | $0 | $0 | 0 | 0% |
| 2 | $307,075 | $429,000 | $299,750 | $381,500 | 58 | 99% |
| 3 | $402,602 | $454,300 | $513,249 | $523,000 | 56 | 97% |
| 4 | $454,112 | $437,300 | $477,100 | $502,875 | 51 | 94% |
| 5 | $692,768 | $703,855 | $675,500 | $796,406 | 44 | 97% |
| TOWN | $509,888 | $547,127 | $486,732 | $598,793 | 50 | 96% |
Never miss important New Jersey real estate news or changing market conditions! 
Welcome! We look forward to getting to know you and helping you achieve your real estate goals. We care about your safety, and as such, we’d like to introduce you to The Sue Adler Team’s Safe Home Selling Process.