December Market Activity in Basking Ridge

December had two more closings than November did.  The following properties closed during this past month:

Property, List Price/Sale Price
7 Plymouth Court, $489,000/$453,000
107 N Finley Avenue, $419,000/$415,000
82 South Stone Hedge Drive, $1,295,000/$1,185,000
76 Huntington Road, $725,000/$650,000
195 Smoke Rise Road, $549,999/$525,000
150 Bernard Drive, $1,078,500/$998,500
14 Stoneview Court, $997,900/$938,000
94 South Stone Hedge Drive, $1,299,000/$1,250,000
20 Dexter Drive North, $545,000/$522,500
28 Castle Way, $549,900/$500,000
16 Canter Drive, $599,900/$577,000
24 Princeton Court, $725,000/$685,000
187 Potomac Drive, $250,000/$250,000
169 Irving Place, $249,000/$185,000
243 English Place, $265,000/$257,000
124 Smithfield Court, $289,900/$280,000
51 Aspen Drive, $469,000/$447,000
237 Alexandria Way, $262,900/$240,000
11 Fairbanks Lane, $449,999/$436,250
129 Village Drive, $383,000/$372,000
2 Raleigh Court, $524,000/$511,000
91 Aspen Drive, $409,000/$376,000
8 Richmond Drive, $703,000/$685,000
12 Hadley Court, $635,000/$545,000
16 Cannon Court, $525,499/$515,000
20 Battalion Drive, $493,000/$475,000

22 properties in town went under contract, there were 27 new listings and there are currently 9 deals in attorney review.  As of tonight, there are only 129 properties on the market, this is actually a pretty low number.  Based on the number of listings that I have lined up to come on the market in the first six to eight weeks of the year, I can make a pretty good guess that inventory levels will steadily increase between now and mid-March because I am pretty sure that I am not the only agent with listings in the pipeline!

Visit my Basking Ridge website to search homes for sale in Basking Ridge and surrounding areas.  Looking for a market snapshot or a comparative market analysis for your Basking Ridge home?  I can help with that too; click here and you will be sent a detailed report of market activity in your neighborhood!

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Jennifer Blanchard

Jennifer Blanchard is a Top Producing real estate agent in Basking Ridge with over 20 years of experience. She would love the opportunity to discuss any real estate questions you have.

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