Market stats as of 4/16/2012
185 Active properties – 39 new listings since 4/16
30 listings with price adjustments since 4/16
38 Sales in the last 30 days (inventory = 4.9 months) (five sales between $1,000,000 and $1,200,000)
27 Sales since 4/16
10 Properties available between $1,000,000 and $1,200,000
11 Properties available between $900,000 and $1,000,000
5 Sales between $1,000,000 and $1,200,000 in the last 30 days (inventory = 2 months)
Average Days On Market for homes under contract since 4/1: 112
Average list price for all homes under contract since 4/1: $1,031,000
Considering a sale in Basking Ridge? I promise to provide you with this information each week while you are on the market so that you can make the best decision possible with regard to the price of your home.
