Basking Ridge Market Activity – mid-month checkpoint – February
There are nine homes making their way through attorney review and with 167 properties available, current market absorption is at 6.9 months for the township. Breakdown of market absorption by price range: under $300,000: 2.25 months $300,000-$500,000: 14 months $500,000-$700,000: 6.3 months $700,000-$900,000: 7.7 months $900,000-$1,300,000: 5.7 months over $1.300,000 – there have been no sales […]