Summit NJ Real Estate Trends

real-estate-trends2

Summit Real Estate Trends – Listing vs. Sold Prices

Are you considering buying a home or selling a home in Summit NJ? If so, you might want to check out the most recent Summit NJ Real Estate Trends. Comparing the listing price and sold prices gives us a good idea of where the real estate market is heading. Before we look at the trends, let’s first talk about 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 what a buyer is willing to pay for the home. Looking at the following chart, we can see that over the past 12 months, the median listing price was at its lowest in December of last year, and then it reached its peak in March of 2016. It has been declining since with the exception of a spike again in the Spring market in May of 2016. The sold prices saw a sharp decline when the listing prices saw their peak in March of 2016. Sold prices reached their peak in June of this year and then began to decline slightly through September. However, listing prices have been on the rise over the last couple of months. Thinking of selling? Click here to find out what your home is worth.

Summit NJ Real Estate Trends

Summit NJ Real Estate Trends

Summit NJ Real Estate Trends – Market Inventory Trends

Looking further into the Summit NJ Real Estate Trends, the graph below shows us the number of active listings that have been on the market in Summit NJ and how long they have been on the market. The number of active listings in Summit NJ dropped by 2% from the previous month.   The median number of days active properties have been listed is 43 which is significantly shorter than the national average. The number of sales in August dropped by 95.5% from the previous month.

Summit NJ Market Inventory Trends

Summit NJ Market Inventory Trends

Summit NJ Real Estate Trends – Learn More!

As we conclude our look into the Summit NJ Real Estate Trends, some other interesting statistics to note are: $1,219,390 is the median listing price, 43 is the median days on market, and the number of active listings is 84.

If I can provide you with additional information regarding Summit NJ real estate trends, or if I can show you any of the fantastic properties for sale, please contact me. I can be reached by phone at 973.637.0004 or via email at Shannon@ShannonAronson.com. For more information about Summit NJ and our surrounding communities, please be sure to visit my website at www.NJRealEstateDirect.com.

Chathams NJ Real Estate Trends

real-estate-trends

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 that the listing prices reached a high in between December 2015 and January 2016. After that, the listing prices saw a decline through September 2016, but they appear to be rising again beginning in October. The opposite seems to be true of the sold prices. The sold prices saw a decline in January of 2016 and then were increasing through July 2016, with a slight dip in May of 2016. The sold prices dipped again in August 2016 but have been rising since.

The Chathams NJ Real Estate Trends

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 increased by 36.5% from the previous month. The median number of days active properties have been listed is 51. This is significantly shorter than the national average.

Chathams NJ Real Estate Trends

Chathams NJ Real Estate Trends – Learn More!

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

Real Estate Trends

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

If a move to or from the Millburn Short Hills NJ area is in your furture, 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 that over the past 12 months, the median listing price reached its highest point in January of 2016 and then began to decline. Listing prices rose slightly again in May and September but haven’t yet come near to the peak they saw in January. Median sold prices, on the other hand, have been much lower than the median listing prices for much of 2016; However, median sold prices saw a large spike in September of this year and continue to rise. 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

Millburn Short Hills NJ Real Estate Trends – Market Inventory Trends

As we continue to examine the most 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 and how long those active listings have been on the market. The number of active listings in Millburn Short Hills NJ increased by 2.7% from the previous month.   The median number of days active properties have been listed is 53. This is significantly shorter than the national average. The number of sales in June dropped by 54.2% from the previous month.

Milburn Short Hills NJ Market Inventory Trends

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: $1,981,870 is the median listing price, 53 is the median days on market, and the number of active listings is 80.

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 Market Trends

Springfield, NJ

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 started to rise in the Spring of 2016 and have been remaining fairly steady through the Summer and now into the Fall. The median sold prices reached a low in December of last year and have been rising since, with the exception of a dip in June of 2016. The gap between the median listing and median sold prices started closing in the Springfield, NJ Real Estate Market in March 2016, with the median sold prices peaking in September, 2016.

Springfield, NJ Real Estate Market 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 dropped by 5% from the previous month.  The median number of days active properties have been listed is 63, which is significantly shorter than the national average. The number of sales increased by 200% from the previous month.

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:  $496,370.  The Median Days on Market is:  63  The number of Active Listings are:  65.

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 prices have remained rather consistent in New Providence, NJ over the course of the past year; However, the median sold prices saw a peak in mid February 2016 and then dropped in late April.  Median sold prices began to rise in the New Providence, NJ Real Estate Market in  late May early June 2016 and seem to be remaining steady over the most recent quarter.  Click here to find out what your home is worth.

New Providence, NJ Price Stats October 2015-September 2016

New Providence, NJ Price Stats October 2015-September 2016

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

As we continue to explore recent New Providence, NJ, Real Estate Market Trends, we can see from the chart below that the number of active listings in New Providence, NJ dropped by 19.2% from the previous month.  The median number of days active properties have been listed is 69.
The number of sales increased by 900% from the previous month.

New Providence, NJ Market Inventory Trends

New Providence, NJ Market Inventory Trends

New Providence, NJ Real Estate Market Trends – Additional Statistics

Looking further into the most recent New Providence, N 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:  $588,060.  The Median Days on Market is:  69.  The number of Active Listings are:  32.

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 973-214-0691 or by email at Shannon@ShannonAronson.com.

West Orange, NJ Home Sale Activity

Perhaps you are considering selling a home or buying a home in West Orange, NJ. If so, I think you will find the information that follows regarding the most recent West Orange, NJ Home Sale Activity of value. It is my goal, as your trusted Real Estate Agent, to keep you abreast of real estate market trends in our area.

West Orange, NJ Homes for Sale

The graph below shows us how many active listings were on the market, in West Orange, NJ, each month, between August 2015 and July 2016.

West Orange, NJ Active Real Estate Listings August 2015-July 2016

West Orange, NJ Active Real Estate Listings August 2015-July 2016

The second graph highlights how many listings went under contract, in West Orange, NJ, each month, between August 2015 and July 2016.

West Orange, NJ Listings Under Contract August 2015-July 2016

West Orange, NJ Listings Under Contract August 2015-July 2016

West Orange, NJ Home Sale Activity

The last graph nicely summarizes the most recent West Orange, NJ home sale activity. Specifically, the graph highlights how many listings came on the market, how many listings went under contract, how many listings had price reductions, and how many properties settled, each week, in West Orange, NJ, between 6/24-8/18/16.

West Orange, NJ Home Sale Activity 6.24-8.18.16

West Orange, NJ Home Sale Activity 6.24-8.18.16

Please contact me if you would like to see any of the wonderful properties for sale in West Orange, NJ, or if I can answer any real estate questions you may have. I can be reached by phone at 973-214-0691 or by email at Shannon@ShannonAronson.com. Don’t forget to visit my website at www.NJRealEstateDirect.com for great real estate information, to learn more about West Orange, NJ and surrounding towns, or to learn about the West Orange School District.

South Orange, NJ Home Sale Activity

Are you thinking about buying a home or selling a home in South Orange, NJ? If so, I encourage you to take a look at the following information regarding the most recent South Orange, NJ Home Sale Activity. It is my intention, as your trusted Real Estate Advisor, to keep you in-the-know regarding all the latest real estate trends for our area.

South Orange, NJ Homes for Sale

The graph that follows highlights how many active listings were on the market, each month, in South Orange, NJ, between August 2015 and July 2016.

S. Orange, NJ Active Real Estate Listings August 2015-July 2016

S. Orange, NJ Active Real Estate Listings August 2015-July 2016

South Orange, NJ Listings Under Contract

The second graph depicts the number of listings that went under contract, each month, in South Orange, NJ, between August 2015 and July 2016.

South Orange, NJ Listings Under Contract August 2015-July 2016

South Orange, NJ Listings Under Contract August 2015-July 2016

South Orange, NJ Home Sale Activity

The final graph nicely wraps up the most recent South Orange, NJ home sale activity. In particular, the graph highlights the number of new listings that came on the market, the number of listings that went under contract, the number of listings that had price reductions, and the number of properties that closed, in South Orange, NJ, each week, between 6/24-8/18/16.

South Orange, NJ Home Sale Activity 6.24-8.18.16

South Orange, NJ Home Sale Activity 6.24-8.18.16

If I can answer any real estate questions you may have, or if you would like to see any of the wonderful properties for sale in South Orange, NJ, please be sure to contact me. You can reach me by phone at 973-214-0691 or by email at Shannon@ShannonAronson.com. For great real estate tips, or for information regarding the South Orange-Maplewood School District, please don’t forget to visit my website at www.NJRealEstateDirect.com.

Millburn Short Hills, Summit NJ Home Sale Price Comparison

Perhaps you are considering buying a home or selling a home in Millburn Short Hills, Summit NJ. If so, please take a moment to review the information that follows regarding the most recent Millburn Short Hills, Summit NJ Home Sale Price Comparison. It is my goal, as your trusted Real Estate Advisor, to provide you with the information you need to make good real estate decisions.

Millburn Short Hills, Summit NJ Home Sale Price Comparison

The graph that follows shows us the most recent Millburn Short Hills, Summit NJ Home Sale Price Comparison information for the week of 8/12-8/18/16 for the following towns: Short Hills, Summit, Chatham Township, Chatham Boro, Madison, South Orange, Maplewood, Livingston, Berkeley Heights, New Providence, and Springfield.

Millburn Short Hills, Summit NJ Home Sale Price Comparison 8.12-8.18.16

Millburn Short Hills, Summit NJ Home Sale Price Comparison 8.12-8.18.16

Please be sure to contact me if I can arrange a showing for you at any of the fantastic properties for sale in Millburn Short Hills or if I can answer any real estate questions you may have. You can reach me by phone at 973-214-0691 or by email at Shannon@ShannonAronson.com. To view new listings in Millburn Short Hills, click here or click here to view new listings in Summit. For additional real estate information, please check out my website at www.NJRealEstateDirect.com.

Millburn Short Hills, NJ Home Sale Activity

If you are planning to buy a home or sell your home in Millburn Short Hills, NJ, then I think you will find the following information regarding the most recent Millburn Short Hills, NJ Home Sale Activity of value. Curious how much your home is worth? Click here. As your trusted Realtor, you know you can count on me to provide you with all the latest real estate trends.

Millburn Short Hills, NJ Properties for Sale

The chart below highlights the number of active listings that were on the market, in Millburn Short Hills, NJ, each month, between August 2015 and July 2016.

Millburn Short Hills,NJ Active Real Estate Listings August 2015-July 2016

Millburn Short Hills,NJ Active Real Estate Listings August 2015-July 2016

Millburn Short Hills, NJ Listings Under Contract

The second chart depicts the number of homes that went under contract, each month, in Millburn Short Hills, NJ, between August 2015 and July 2016.

Millburn Short Hills, NJ Listings Under Contract August 2015-July 2016

Millburn Short Hills, NJ Listings Under Contract August 2015-July 2016

Millburn Short Hills, NJ Home Sale Activity

The final graph nicely wraps up the most recent Millburn Short Hills, NJ Home Sale Activity. In particular, the graph highlights how many listings came on the market, how many listings went under contract, how many listings had price reductions, and how many properties closed, each week, in Millburn Short Hills, NJ, between 6/17-8/11/16.

Millburn Short Hills, NJ Home Sale Activity 6.16-8.11.16

Millburn Short Hills, NJ Home Sale Activity 6.17-8.11.16

If I can provide you with additional information, or if you would like to see any of the fantastic homes for sale in Millburn Short Hills, NJ, please be sure to contact me. You can reach me by phone at 973-214-0691 or by email at Shannon@ShannonAronson.com. To learn about the Millburn Township NJ School District, click here. For more information about Millburn Short Hills, NJ and our surrounding towns, please be sure to visit my website at www.NJRealEstateDirect.com.

Maplewood, NJ Home Sale Activity

If you are considering buying a home or selling a home in Maplewood, NJ, then I think you will find the information that follows regarding the most recent Maplewood, NJ Home Sale Activity of interest. You know you can always rely on me, your trusted Realtor, to keep you up-to-date on all the latest real estate trends in our area.

Maplewood, NJ Properties for Sale

The graph below highlights how many active listings were on the market, each month, in Maplewood, NJ, between August 2015 and July 2016.

Maplewood, NJ Active Real Estate Listings August 2015-July 2016

Maplewood, NJ Active Real Estate Listings August 2015-July 2016

Maplewood, NJ Listings Under Contract

The next chart depicts how many listings went under contract, in Maplewood, NJ, each month, between August 2015 and July 2016.

Maplewood, NJ Listings Under Contract August 2015-July 2016

Maplewood, NJ Listings Under Contract August 2015-July 2016

Maplewood, NJ Home Sale Activity

The final graph nicely wraps up the most recent Maplewood, NJ home sale activity. Specifically, the chart highlights how many listings came on the market, how many listings went under contract, how many listings had price reductions, and how many properties closed, in Maplewood, NJ, each week, between 6/17/16 and 8/11/16.

Maplewood, NJ Home Sale Activity 6.16-8.11.16

Maplewood, NJ Home Sale Activity 6.16-8.11.16

If I can answer any real estate questions you may have, or if I can arrange a showing for you at any of the wonderful properties for sale in Maplewood, NJ, don’t hesitate to contact me. You can reach me by phone at 973.214.0691 or by email at Shannon@ShannonAronson.com. For information regarding the South Orange-Maplewood, NJ School District click here. Please remember to check out my website at www.NJRealEstateDirect.com to learn more about Maplewood, NJ and other towns in our area.