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.

New Providence NJ

New Providence NJ
New Providence NJ is a small borough that has recently been getting a lot of attention. It is a small community offering its residents a library, pool, parks, fields and playgrounds. In their 2015 survey, New Jersey Monthly magazine ranked New Providence NJ as the 69th best town in which to live.

For more information on New Providence NJ, you can visit www.newprov.org.

Quick facts about New Providence NJ

Population: Approximately 12,000
Location: 28 miles from NYC; 15.8 miles from the Newark airport
Nearby Highways: Interstate 78, Route 22, Garden State Parkway
Commute (www.njtransit.com):  Gladstone Branch-service to Hoboken, NJ. Transfer to PATH or ferry for downtown destinations -OR- transfer in Summit to the Morristown Line for direct service into NY Penn Station – 55 minutes.
www.lakelandbus.com-service into New York’s Port Authority

Learn More about New Providence NJ Schools

Grades Pre-K-6 : Allen W. Roberts Elementary School*
Grades K-6 : Salt Brook Elementary School*
Grades 7-8 : New Providence Middle School
Grades 9-12 : New Providence High School – Currently ranked 6th by New Jersey Monthly Magazine

*New Providence offers its residents half day kindergarten

If you are interested in learning more about New Providence NJ, or you are thinking about making a move to the area, please be sure to contact me. I’d be happy to arrange a showing for you at any of the wonderful homes for sale. I can be reached by phone at 973.214.0691 or via email at Shannon@ShannonAronson.com. To learn more about New Providence NJ and other surrounding communities, please 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.

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 8/5-8/11/16 for the following towns: Short Hills, Summit, Chatham Township, Chatham Boro, Madison, South Orange, Maplewood, Livingston, Berkeley Heights, New Providence, and Springfield.

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Millburn Short Hills, Summit NJ Home Sale Price Comparison 8.5-8.11.16

Millburn Short Hills, Summit NJ Home Sale Price Comparison 8.5-8.11.16

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, 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 7/29-8/4/16 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 7.29-8.4.16

Millburn Short Hills, Summit NJ Home Sale Price Comparison 7.29-8.4.16

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.

New Providence, NJ Home Sale Activity

Are you considering buying a home or selling a home in New Providence, NJ? If that is in your future, I think you will find the information that follows regarding the most recent New Providence, NJ Home Sale Activity of interest. You can always count on me, your trusted Realtor, to provide you with the information you need to help you make good real estate choices.

New Providence, NJ Homes for Sale

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

New Providence, NJ Active Real Estate Listings August 2015-July 2016

New Providence, NJ Active Real Estate Listings August 2015-July 2016

The next graph shows us how many listings went under contract, each month, in New Providence, NJ, between August 2015 and July 2016.

New Providence, NJ Listings Under Contract August 2015-July 2016

New Providence, NJ Listings Under Contract August 2015-July 2016

New Providence, NJ Home Sale Activity

The final graph summarizes for us the most recent New Providence, NJ Home Sale Activity. In particular, the graph highlights how many new listings came on the market, how many listings went under contract, how many listings had price reductions, and how many properties closed, in New Providence, NJ, each week, between 6/3 and 7/28/16.

New Providence, NJ Home Sale Activity 6.2-7.28.16

New Providence, NJ Home Sale Activity 6.3-7.28.16

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. To learn more about New Providence, NJ and our surrounding towns, or for information regarding the New Providence, NJ School District don’t forget to check out 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 7/22-7/28/16 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 7.22-7.28.16

Millburn Short Hills, Summit NJ Home Sale Price Comparison 7.22-7.28.16

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, 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 7/15-7/21/16 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 7.15-7.21.16

Millburn Short Hills, Summit NJ Home Sale Price Comparison 7.15-7.21.16

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, 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 7/8-7/14/16 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 7.8-7.14.16

Millburn Short Hills, Summit NJ Home Sale Price Comparison 7.8-7.14.16

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, 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 7/1-7/7/16 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 7.1-7.7.16

Millburn Short Hills, Summit NJ Home Sale Price Comparison 7.1-7.7.16

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.