This week’s Basking Ridge Market Activity

8/8/09-8/14/09

The following 5 properties went under contract this past week in Basking Ridge:

197 Alexandria Way listed for $269,000, DOM 69
226 Lyons Road listed for $639,000, DOM 42
28 Gold Blvd listed for $719,000, DOM 52
111 Woods End listed for $949,000, DOM 152
148 Childs Road listed for $1,725,000, DOM 211

There are an additional 19 properties that are working through attorney review.

Please contact me if you would like more information about any of these Basking Ridge homes or visit my Basking Ridge real estate website for more information on what has sold each month over the past year.

New to the Basking Ridge market are the following 11 properties (note that many of these have been available for quite some time but have been relisted):

453 Penns Way listed For $325,000
51 E Oak Street listed for $465,000
24 Fairbanks Lane listed for $500,000
15 Lexington Road listed for $550,000
93 Alder Lane listed for $688,000
71 Autumn Dr listed for $1,135,000
38 Gerard Ave listed for $1,295,000
3 Heritage Court listed for $1,399,000
11 Rockridge Ct listed for $1,590,000
8 Rockridge Ct listed for $1,990,000
40 Colts Glen Ln listed for $3,475,000

As of this evening, there are a total of 221 listings showing active in Basking Ridge in the MLS. With 34 going under contract in the last 30 days, Basking Ridge market absorption is 6.5 months (up from last week which was 6.14 months).

Please contact me if you would like more information about any of these Basking Ridge homes or visit my Basking Ridge website to sign up for listing alerts in and around Basking Ridge.

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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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