When I started tracking data for my website, I had a grand idea of tracking all of these categories. I have the following information for the past two years. I even have it broken down by month. I love to look at it; I love to analyze it in bits and pieces as I need it. I’m happy I have it! But every time I sit down to put it in a format that might make sense to, well, anyone else…I freeze up. So, in absense of the time required to put together beautiful graphs and charts, I will simply post the information here on my blog. If you are interested in the data or would like it in a spreadsheet format, I am happy to share. When I need to do some analysis for a specific comp or listing presentation or to put together an offer or to prove a point, I will open up the spread sheet!
This information summarizes the Basking Ridge Market in 2009:
Following this format: Category/Number of Sales/average sale price/average Days on Market/average List Price to Sale Price
Basking Ridge total sales/339/$595,030/82/95%
Single Family homes/159/$855,085/92/95%
Townhouse/Condos/180/$365,316/74/96%
New Construction/8/$1,819,225/121/98%
The Hills/75/$726,068/86/96%
Single Family in the Hills/33/$877,448/93/95%
Single Family Not in the Hills/126/$849,227/92/95%
Townhouse/Condos in the Hills/42/$607,126/81/96%
Townhouse/Condo Not in the Hills/138/$291,721/71/96%
By development:
Spring Ridge/71/$262,182/70/96%
Society Hill/32/$265,575/81/96%
The Cedars/16/$343,750/58/97%
The Hills/Patriot Hill/8/$610,925/55/96%
The Hills/The Hamiltons/22/$503,382/67/97%
The Barons/4/$515,938/56/97%
Maple Run/4/$488,750/0/92%
The Ridge/4/$387,625/125/93%
Countryside/6/$299,583/58/95%
Lord Stirling Village/2/$384,000/35/97%
The Hills/Amherst Mews/7/$695,914/74/93%
The Hills/Patriot Mews/5/$682,800/181/96%
The Hills/St Andrews/1/$1,975,000/91/90%
I do share this information on a monthly basis – what SOLD this month in Basking Ridge, and almost weekly on my blog. Please check back often to stay on top of the market!
