Market News and New Listings

Good news from Jeff Otteau:  NJ Housing Recovery Picks Up In December After pausing in November due to the after effects of Hurricane Sandy, New Jersey home sales resumed their upward trajectory with a 7% increase in December compared to the same month one year earlier. YTD home purchase contracts rose by an impressive 21% […]

Are you ready to sell your home?

We had over THIRTY people walk through the open house at 30 Dogwood Way yesterday.  Can you imagine!  The conversation with many of the potential buyers focused on the lack of inventory in Basking Ridge.  If you are considering selling your Basking Ridge home, please think about getting it on the market sooner rather than […]

Home Sales and Prices Up in 2012 – hoping for the same in 2013

According to the National Association of Realtors (NAR), total existing-home sales in 2012 were the highest in five years, while the annual price rose the most since 2005. The preliminary annual total for existing-home sales in 2012 was up 9.2 percent from 2011, representing the highest volume since 2007 and the strongest increase since 2004. […]

Mid-Month Market Update

36 New listings in Basking Ridge – two already under contract and two in attorney review. 4 homes back on the market after fall through deals – two of which are already under contract again. 7 listings with price adjustments – one in attorney review 17 closed sales including the following: 4 Honeyman Road $734,000 […]

Five new listings in Basking Ridge today!

Looks like the sellers are getting ready to go! Feel free to stop by my Realtor open house at 30 Dogwood Way tomorrow between 11:00 and 1:00. See the house and have a sandwich!

Positive Signs in the market

by Tim McLaughlin, VP Weichert Financial Services The Monthly National Housing Survey for December was released by the Economic and Strategic Research (ESR) team on January 7th with some notable moves in certain results At 43%, the share who believes home prices will go up in the next 12 months reached the highest level recorded, […]

Slowly but surely….the Basking Ridge real estate market comes to life…

With two Basking Ridge listing appointments this weekend and another two scheduled for this evening, I’m hopeful that we’ll start to see some new inventory on the market sooner rather than later. Traditionally we start to get busy in early January with more and more new listings each week through April and May. It’s after […]

New Rental Listing – Bridgewater – $1700

Yes, I typically list homes for sale in Basking Ridge… but sometimes I step out and do something different! This two bedroom town home is in immaculate condition and has several lovely updates. It is being offered for rent – available on February 1st – for $1795. NEW RENTAL PRICE: $1700; AVAILABLE FEBRUARY 1, 2013 […]

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Understanding The Market

Basking Ridge Market Report

Get a snapshot of the Basking Ridge real estate market every month. As I always say, no obligation, just information.

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