Chathams NJ Real Estate Trends

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The Chathams NJ Real Estate Trends – Listing vs. Sold Prices

If you are considering buying a home or selling a home in The Chathams NJ it would be helpful for you to see what the current Chathams NJ Real Estate Trends are. Before we talk about the chart below, it is important for you to understand the difference between a listing price and a sold price. The listing price is how much a seller is asking for their home. The sold price is how much the buyer is willing to pay for the home. When we look at the most recent Chathams NJ real estate trends, we see after a 12 month low in October of 2016, the listing prices reached a high between December 2016 and January 2017. After that, the listing prices began to once again decline. The sold prices reached a high between May and June 2016, and saw a dramatic decline between June and July of 2017.

The Chathams NJ Real Estate Trends

Chatham NJ Real Estate Trends – Market Inventory Trends

Looking further into Chatham NJ Real Estate Trends, we learn that the number of active listings in Chatham NJ dropped by 7.5% from the previous month. The median number of days active properties have been listed is 72.

Chathams NJ Market Inventory Trends

Chathams NJ Real Estate Trends – Learn More!

Some additional interesting statistics include:  $1,306,690 is the median listing price for homes in Chatham NJ; 72 is the median days on market; and 86 is the number of active listings.  If you have unanswered question or would like to learn more about the Chathams NJ real estate trends, or if you would like to see any of the properties for sale in Chatham NJ, please be sure to contact me. I can be reached by phone at 973.637.0004 or via email at Shannon@ShannonAronson.com. For more information about The Chathams NJ and our surrounding communities, please visit my website at www.NJRealEstateDirect.com.

Millburn Short Hills NJ Real Estate Trends

Millburn Township

Millburn Short Hills, NJ Real Estate Trends – Listing vs. Sold Prices

Curious about current Millburn Short Hills NJ real estate trends? If you are considering a move to Millburn Short Hills NJ, you may be wondering about the most recent Millburn Short Hills NJ Real Estate Trends. When we compare listing price and sold prices, it gives us a good indication of where the real estate market is heading. First, let’s understand the difference between a listing price and a sold price. The listing price is what the sellers are asking for their home, while the sold price is the amount a buyer is willing to pay. When we look at the chart below, we can see the median listing price was at its lowest in August of 2016 while it reached its peak over the course of the past 12 months in January of 2017. The median sold price increased steadily between August 2016 and December 2016 and then saw a drastic decline between December and January. Median sold prices have remained relatively low in comparison to that peak they experienced in December of last year. Thinking of selling? Click here to find out what your home is worth.

Millburn Short Hills NJ Real Estate Trends

Millburn Short Hills NJ Real Estate Trends – Market Inventory Trends

As we continue to examine the most recent Millburn Short Hills NJ Real Estate Trends, the chart below shows us how many active listings have been on the market in Millburn Short Hills NJ. The median number of days active properties have been listed is 71.

Milburn Short Hills NJ Market Inventory Trends

Millburn Short Hills NJ Real Estate Trends – Learn More!

As we wrap up our look into the Millburn Short Hills NJ Real Estate Trends, some other interesting statistics to note are: $2,089,530 is the median listing price, 71 is the median days on market, and the number of active listings is 122.

If you find you still have questions regarding Millburn Short Hills NJ real estate trends, or you would like to see any of the homes for sale, please be sure to contact me. I can be reached by phone at 973.214.0691 or via email at Shannon@ShannonAronson.com. For more information about Millburn Short Hills NJ and our surrounding communities, please be sure to visit my website at www.NJRealEstateDirect.com.

Springfield, NJ Real Estate Trends

Positive Housing Market

Springfield, NJ Real Estate Market Trends – Listing vs. Sold Prices

If you are planning to buy a home in Springfield, NJ or if selling a home in Springfield, NJ is in your future, I thought it might be helpful to take a minute to talk about the current Springfield, NJ Real Estate Market Trends.  Before we do that, let me explain what the difference is between a “listing price” and a “sold price”. The price that a seller is asking for their home is referred to as the “listing price”. The dollar amount the buyers are willing to pay for the home is the sold price. When we start to compare the listing and sold prices, it gives us a good idea of where the real estate market is heading. The median listing and sold property prices are calculated based on the market activity each month. In looking at the chart that follows, we can see that the median listing prices in Springfield, NJ dipped between January and February of 2017 but saw a sharp increase in May of 2017. They have decreased a bit in June of 2017. The median sold prices reached a low in November-December of 2016 and have been rising since, with a 12-month high in May of this year. The gap between the median listing and median sold prices started closing in the Springfield, NJ Real Estate Market in February 2017.

Springfield, NJ Real Estate Market Pricing Trends

Springfield, NJ Real Estate Market Pricing Trends

New Providence, NJ Real Estate Market Trends – Market Inventory Trends

Looking further into recent Springfield, NJ Real Estate Market Trends, let’s look at the number of active listings and how long they were on the market. The number of active listings in Springfield, NJ increased by 19.5% from the previous month.  The median number of days active properties have been listed is 41, which is significantly shorter than the national average.

Springfield, NJ Market Inventory Trends

Springfield, NJ Market Inventory Trends

Springfield, NJ Real Estate Market Trends – Learn More!

As we continue to examine recent Springfield, NJ Real Estate Market Trends, other important statistics to note for Single Family Homes and Condos in Springfield, NJ are as follows:  The median listing price is:  $573,530.  The Median Days on Market is:  41  The number of Active Listings are:  60.

I hope you found this information helpful. If you want to see any of the homes for sale in Springfield, NJ, please be sure to contact me. I would love to set up a showing for you. To learn more about Springfield, NJ, please be sure to visit my website at www.NJRealEstateDirect.com.

New Providence, NJ Real Estate Market Trends

New Providence, NJ

New Providence, NJ

New Providence, NJ Real Estate Market Trends – Listing vs. Sold Prices

As we take a look at the New Providence, NJ Real Estate Market Trends, let’s first understand the difference between “listing prices” and “sold prices”. The listing price is the price the sellers are asking for their home. The sold price is what the buyers are willing to pay. When we compare these price trends, we begin to understand where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.  From the chart below, we can see that the median listing price was fairly consistent between June and mid-January; However, the median listing price began to rise in February and saw a peak in April of 2017. The median sold price was fairly consistent between June and October but then began to decline through January. The median sold prices have been slowing rising from then until now. Click here to find out what your home is worth.

New Providence, NJ Real Estate Trends

New Providence, NJ Real Estate Market Trends – Market Inventory Trends

As we continue to explore recent New Providence, NJ, Real Estate Market Trends, we learn that the median number of days active properties have been listed is 34.

New Providence, NJ Market Inventory Trends

New Providence, NJ Real Estate Market Trends – Additional Statistics

Looking further into the most recent New Providence, NJ Real Estate Market Trends, some additional helpful statistics for Single Family Homes and Condos in New Providence, NJ are as follows:  The median listing price is:  $737,320.  The number of Active Listings are:  38.

If I can arrange a showing for you at any of the wonderful properties for sale in New Providence, NJ, or if I can provide you with additional real estate information, please don’t hesitate to contact me. You can reach me by phone at 973-637-0004 or by email at Shannon@ShannonAronson.com.

Montclair, NJ Real Estate Market Trends

Montclair NJ -Sign

Montclair, NJ Real Estate Market Trends – Listing vs. Sold Prices

If you are planning to buy a home in Montclair, NJ or if selling a home in Montclair, NJ is in your future, then you might be interested to find out more regarding current Montclair, NJ Real Estate Market Trends.  First, it may be helpful if you have a clear understanding of the difference between a “listing price” and a “sold price”.  A listing price is the dollar amount a seller is asking for their home. How much a buyer is willing to pay is the sold price. Looking at the listing price vs the sold price gives us a good idea of where the real estate market is heading. The median listing and sold property prices are calculated based on the market activity each month. When we look at the chart below, we see the median list price peaked in June and February 2016. The median list price hit a peak again this month. The median listing price was at its lowest in Montclair NJ between December 2016 and January 2017. The median sold price spiked in mid-August and then began to decline. It has been on a steady increase between September 2016 and now.

Montclair, NJ Real Estate Market Trends

Montclair, NJ Real Estate Market Trends – Market Inventory Trends

As we further explore recent Montclair, NJ Real Estate Market Trends, we see the number of active listings in Montclair, NJ increased 8% from the previous month.  The median number of days active properties have been listed is 39, which is significantly shorter than the national average.

Springfield, NJ Market Inventory Trends

Springfield, NJ Market Inventory Trends

Montclair, NJ Real Estate Market Trends – Learn More!

Other important statistics to note when we look at single family homes and condos in Montclair, NJ are: The median listing price is:  $817,980, the Median Days on Market is: 30, and the number of active listings are: 109.

I hope you found this information helpful. If you have any questions, or would like a copy of our FREE town snapshots, please contact me. You can reach me by phone at 973-637-0004 or via email at Shannon@ShannonAronson.com. If you are interested in seeing any of the homes for sale in Montclair, NJ, please contact me. I’d be happy to arrange a showing for you. To learn more about Montclair, NJ, and other surrounding communities, please visit my website at www.NJRealEstateDirect.com.

South Orange NJ Real Estate Trends

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South Orange NJ Real Estate Trends – Listing vs. Sold Prices

If a move to or from South Orange NJ is in your future, it is a good idea to familiarize yourself with the current South Orange NJ real estate trends. Prior to looking at the specifics, it’s beneficial to have an understanding of the difference between a “listing price” and a “sold price”. The dollar amount a seller is asking for their home is called a “listing price”. On the other hand, the dollar amount a buyer is willing to pay for a home is referred to as a “sold price”. As we look at the chart below, we see the median listing price was fairly steady from March through mid-June 2016, then started to decline from July through September. It then raised slightly through December 2016 and hit a 12-month low in mid-January 2017. The median sold price, on the other hand, was at its lowest in March 2016 and has been rising steadily between August and February 2017, when it reached a 12-month peak.

South Orange NJ Real Estate Trends – Market Inventory Trends

As we further explore the South Orange Real Estate Trends, we see the number of active listings that were on the market in South Orange NJ and the number of days they’ve been listed. The number of active listings in South Orange NJ increased .4% from the previous month. The median number of days active properties have been listed is 57.

South Orange NJ Real Estate Trends – Learn More!

As we conclude our look into the most recent South Orange NJ Real Estate Trends, other trends to consider are: $498,330 is the median listing price, 57 is the median days on market, and the number of active listings is 45.

If I can arrange a showing for you at any of the wonderful homes for sale in South Orange NJ, please contact me. You can reach me by phone at 973.637.0004 or by email at Shannon@ShannonAronson.com. Want to learn more about South Orange NJ and other surrounding communities? If so, please be sure to contact me for a FREE copy of our town snapshots. For more great real estate information, including helpful insider tips, please visit my website at www.NJRealEstateDirect.com.

Buying Manhattan Real Estate – A Special Presentation from Shannon Aronson

Are you or someone you know THINKING OF MOVING TO MANHATTAN?


SHANNON ARONSON hosts a special presentation on

BUYING MANHATTAN REAL ESTATE

Purchasing a Home in New York City

with special guest presenter, top NYC agent, Julia Hoagland

February 7 from 7:30pm to 9pm at Common Lot

Join Shannon and Julia for a delightful and informative evening at Millburn’s in-demand new restaurant, Common Lot.

The prospect of moving to New York City is exciting but the process of buying a home there is complex. Make yourself an expert before you get started in your search.  Julia Hoagland is one of the Top Real Estate Agents in NYC.  Join us to learn about the buying process, the values of different neighborhoods, nuances of condos, co-ops and how to get started.

Complimentary appetizers and drinks will be served.

Seating is Limited. RSVP a MUST. Follow this link:

https://www.eventbrite.com/e/buying-manhattan-real-estate-purchasing-a-home-in-new-york-city-tickets-31683080948

 


NYC Neighborhoods

West Orange NJ Real Estate Trends

Positive Housing Market

West Orange NJ Real Estate Trends – Listing vs. Sold Prices

If you are planning a move either to or from West Orange NJ, then you may be wondering what the current real estate trends are for the area. If that is your current situation, then I encourage you to check out the following information that will give you insight into the most recent West Orange NJ Real Estate trends. Before we dive into the nitty-gritty, let’s first talk about what a “listing price” is vs. a “sold price”. A “listing price” is simply the dollar amount a seller is asking for their home. Contrary to that, a “sold price” is how much a buyer is willing to pay for a home. Taking a look at the following chart, we see the median listing price in West Orange NJ was at a low last February but has been rising since, hitting a peak between April and May of last year and then remaining fairly steady through January 2017. The median sold price, however, stayed relatively steady between March and June of 2016 and then began to rise in July. Prices have been rising since then, hitting a 12-month peak in January of this year.

West Orange NJ Real Estate Trends

West Orange NJ Real Estate Trends – Market Inventory Trends

Looking further into the most recent West Orange NJ Real Estate Trends, we see the number of active listings that were on the market in West Orange NJ and the number of days they’ve been listed. The number of active listings in West Orange NJ dropped 11.8% from the previous month. The median number of days active properties have been listed is 100.

West Orange NJ Housing Inventory Trends

West Orange NJ Real Estate Trends – Learn More!

In conclusion of our look at the most recent West Orange NJ Real Estate Trends, some other statistics to consider are: $414,260 is the median listing price, 100 is the median days on market, and the number of active listings is 245.

Please contact me if I can arrange a showing for you at any of the fantastic properties for sale in West Orange NJ. I can be reached by phone at 973.637.0004 or by email at Shannon@ShannonAronson.com. If you would like more information about West Orange NJ, please contact me for a FREE copy of our town snapshots. For more great real estate information, including helpful insider tips, please visit my website at www.NJRealEstateDirect.com.

Berkeley Heights NJ Real Estate Trends

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Berkeley Heights NJ Real Estate Trends – Listing vs. Sold Prices

Perhaps the new year means a move for you. If you are considering a move to Berkeley Heights NJ, I think the following information in regards to the most recent Berkeley Heights NJ Real Estate trends will be of interest to you. In order to best understand the information, let’s first take a look at the difference between a “listing price” and a “sold price”. The “listing price” is how much a seller is asking a buyer to pay for their home. On the other hand, a “sold price” is how much a buyer is willing to pay for a home. When we look at the chart below, we see the median listing price in Berkeley Heights NJ was at its lowest in February of 2016. The median list price then began to steadily increase until reaching its peak between June and July of 2016. After July, the median list price began to steadily decline, until reaching its low between October and November of 2016. Between November and December 2016, median listing price saw a sharp increase and has since dropped. Looking at the median sold prices, we see they were declining between February and June 2016. We saw volatile median sold prices, spiking in July 2016 and then intermittently rising and declining between July and October, reaching its lowest in October. Median sold prices have been increasing since October, reaching a 12-month high this month.

Berkeley Heights NJ Real Estate Trends

Berkeley Heights NJ Real Estate Trends – Market Inventory Trends

As we continue looking at the most recent Berkeley Heights NJ Real Estate Trends, we learn how many active listings were on the market in Berkeley Heights NJ and how long they’ve been listed. The number of active listings in Berkeley Heights NJ dropped 21.8% from the previous month. The median number of days active properties have been listed is 82 which is significantly shorter than the national average.

Berkeley Heights NJ Real Estate Trends

Berkeley Heights NJ Real Estate Trends – Learn More!

As we wrap up our look at the most recent Berkeley Heights NJ Real Estate Trends, some other statistics to consider are: $559,380 is the median listing price, 82 is the median days on market, and the number of active listings is 37.

If you are interested in arranging a showing at any of the homes for sale in Berkeley Heights NJ, please contact me. You can reach me by phone at 973.637.0004 or by email at Shannon@ShannonAronson.com. To learn more about Berkeley Heights NJ, please contact me for a FREE copy of our town snapshots. For more great real estate information, including helpful insider tips, please visit my website at www.NJRealEstateDirect.com.

Livingston NJ Real Estate Trends

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Livingston NJ Real Estate Trends – Listing vs. Sold Prices

If you are considering making a move to or from Livingston NJ, please take a look at the information that follows regarding the most recent Livingston NJ Real Estate Trends. Before we delve into the statistics for Livingston NJ, let’s first make sure we understand the difference between a listing price and a sold price. A listing price refers to the dollar amount a seller is asking a buyer to pay for their home. Conversely, a sold price is how much a buyer is willing to pay for the seller’s home. Taking a look at the graph below, we can see that average listing prices peaked between February and March of 2016, with a high around $903,000. The listing prices then began to decline between March and April. Listing prices remained steady between $650,000 and $715,000 between April and September of 2016. Listing prices then began seeing an increase again between September and October and have been declining again between October and now. When we take a look at the sold prices, we see they were at a low of approximately $479,000 in February of 2016. Median sold prices have been increasing each month since then, hitting its peak of about $665,000 this month. If you are thinking of selling your home and are curious what it is worth, click here.

Livingston NJ Real Estate Trends

Livingston NJ Real Estate Trends

Livingston NJ Real Estate Trends – Market Inventory Trends

As we continue to check out the most recent Livingston NJ Real Estate Trends, the graph below shows us the number of active listings that were on the market in Livingston NJ and how long they have been on the market. The number of active listings in Livingston NJ increased by 9.9% from the previous month.   The median number of days active properties have been listed is 79 which is significantly shorter than the national average.

Livingston NJ Real Estate Trends - Inventory Trends

Livingston NJ Real Estate Trends – Inventory Trends

Livingston NJ Real Estate Trends – Learn More!

In conclusion of our look at the most recent Livingston NJ Real Estate Trends, some other statistics to consider are: $807,040 is the median listing price, 79 is the median days on market, and the number of active listings is 98.

Please be sure to contact me if you are interested in purchasing a home in Livingston NJ. It would be my pleasure to set up a showing for you at any of the wonderful homes for sale in Livingston NJ. If you would like to learn more about Livingston NJ, please be sure to contact me for a FREE copy of our town snapshots. I can be reached by phone at 973.637.0004 or by email at Shannon@ShannonAronson.com. Please be sure to check out my website for more great real estate information, or for insider tips.