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The Sue Adler Team West Orange Market Stats September 2011

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West Orange September 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 West 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 OLP LP SP DOM BRS BTH STYLE
34 Joyce St $154,759 $72,500 $50,000 497 5 0.1 CapeCod
39 Nutman Pl $285,000 $150,000 $140,000 227 5 2 Colonial
9 Prospect Pl $230,000 $165,000 $165,000 137 4 1 Colonial
220 Smith Manor Blvd $165,000 $165,000 $155,000 69 1 1.1 OneFloor
53 Roosevelt Ave $229,000 $199,000 $192,000 147 3 2 CapeCod
59 Sunnyside Rd $219,000 $219,000 $205,000 16 4 1 CapeCod
14 Beasley St $219,999 $219,999 $210,000 112 3 1.1 CapeCod
115 Walker Rd $239,900 $239,900 $230,500 36 3 2.1 Colonial
612 Smith Manor Blvd $250,000 $250,000 $230,000 256 2 2 HighRise
9 Edgewood Avenue $335,000 $270,000 $310,000 142 4 2.1 Custom
28 Westminster Ter $295,000 $284,900 $278,000 48 4 3 CapeCod
49 Mullarkey Dr $299,000 $299,000 $280,000 13 2 2.1 TwnIntUn
198 Zeppi Ln $329,000 $305,000 $300,000 49 3 2.1 TwnIntUn
28 Lenox Ter $339,000 $321,000 $310,500 56 4 2 CapeCod
64 Clarken Dr $345,000 $335,000 $333,500 120 2 2.1 MultiFlr
12 Mcmanus Ct $399,000 $349,000 $342,000 68 3 2.1 TwnIntUn
229 St Cloud Ave $349,777 $349,777 $349,777 30 3 2 SplitLev
17 Bongart Dr $359,000 $359,000 $347,000 20 2 2.1 TwnEndUn
16 Harvard Ter $399,000 $389,000 $379,000 143 5 2.1 Colonial
15 Oak Ave $529,000 $519,000 $520,000 45 4 3.1 Colonial
68 Fredericks St $719,900 $719,900 $652,535 2 4 3.1 TwnIntUn
66 Fredericks St $679,900 $739,900 $694,926 1 4 3.1 TwnIntUn
39 Gregory Ave $2,699,000 $2,699,000 $1,425,000 79 6 6.2 Custom
AVERAGE DAYS ON MARKET:101       AVERAGE LISTING PRICE: $414,800

AVERAGE SALE PRICE $316,387 % SALE PRICE / LIST PRICE:      97%

West Orange Home sale Trends

desc
Sept.2010
Oct.
Nov.
Dec.
Jan.
Feb.
Average Listing Price
$444,694
$434,127
$439,097
$430,526
$436,061
$423,258
Average Sale Price
$382,026
$488,023
$372,116
$402,409
$405,295
$394,041
%Sale Price to List Price Ratio
95%
96%
97%
96%
95%
95%
Days on Market
88
72
90
88
105
159
# of Active Listings
500
480
455
418
402
395
# of Closed Listings
29
21
32
33
25
21
March
April
May
June
July
Aug.
Sept 2011
Average Listing Price
$424,592
$424,560
$437,285
$430,687
$437,054
$411,074
$414,800
Average Sale Price
$344,324
$396,652
$372,040
$374,974
$373,200
$427,610
$316,387
%Sale Price to List  Price Ratio
95%
96%
94%
95%
97%
96%
97%
Days On Market
146
101
103
67
93
120
101
# of Active Listing
443
452
492
507
418
485
477
# of Closed Listings
29
29
28
39
33
38
23
Active Listings
New Listings
Under Contract
Sold Listings
Average

SP/LP
# Beds
Avg LP
Avg LP
Avg LP
Avg LP
DOM
%
1
$174,294
$139,900
$182,000
$0
0
0%
2
$282,796
$244,010
$322,250
$297,625
102
96%
3
$357,882
$344,250
$305,170
$286,455
59
98%
4
$434,182
$413,559
$409,964
$391,995
56
97%
5
$810,513
$1,147,222
$619,000
$189,667
289
93%
TOWN
$414,800
$458,967
$339,079
$316,387
101
97%
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