Weekly Basking Ridge Market Activity

Since 7/25/09

Only 3 properties went under contract this past week in Basking Ridge.  That means offers were negotiated, attorney review was completed and inspections are underway on the following properties:

169 Alexandria Way had been listed for $247,500
36 Chestnut Court had been listed for $355,000
10 Butternut Lane had been listed for $1,825,000

There are an additional 12 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 by month (July numbers will be posted on Monday).

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

125 Potomac Drive listed for $254,750
218 English Place listed for $265,000
2003 Rose Court listed for $314,999
261 Penns Way listed for $325,000
2104 Rose Court listed for $345,000
23 Lindbergh Lane listed for $439,900
92 Dorchester Drive listed for $510,000 (my listing – click for info)
41 Harrison Brook Road listed for $599,000
76 Culberson Road listed for $699,999
6 Honeyman Road listed for $765,000
150 Bernards Drive listed for $1,149,000

As of this afternoon, there are a total of 233 listings showing active in Basking Ridge in the MLS.  With 39 going under contract in the last 30 days, Basking Ridge market absorption is 5.97 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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