Springfield, NJ Real Estate Trends

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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.

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.

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, 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.

Springfield, NJ Home Sale Activity

If you are contemplating buying a home or selling a home in Springfield, NJ, then you came to the right place! Below you will find information regarding the most recent Springfield, NJ Home Sale Activity. You can always rely on me, your trusted Real Estate Agent, to keep you up-to-date regarding all the latest real estate trends.

Springfield, NJ Homes for Sale

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

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

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

Springfield, NJ Listings Under Contract

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

Springfield, NJ Listings Under Contract August 2015-July 2016

Springfield, NJ Listings Under Contract August 2015-July 2016

Springfield, NJ Home Sale Activity

The final graph nicely wraps up for us the most recent Springfield, NJ Home Sale Activity. Specifically, 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, each week, in Springfield, NJ, between 6/3-7/28/16.

Springfield, NJ Home Sale Activity 6.2-7.28.16

Springfield, NJ Home Sale Activity 6.3-7.28.16

If I can provide you with additional real estate information, or if I can arrange a showing for you at any of the fantastic properties for sale in Springfield, NJ, please be sure to contact me. You can reach me by phone at 973-214-0691 or by email at Shannon@ShannonAronson.com. Please be sure to visit my website at www.NJRealEstateDirect.com for additional information regarding Springfield, NJ and surrounding towns or for information regarding the Springfield, NJ School District.

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.