Archive for the 'Home Sales' Category

Sales comparisons from 2011 to 2012

Here are full year sales figures for the year 2012.  The trend is looking positive as we head into the kickoff for the spring market.  The number of sales is up in both towns and the number of listings is down (Demand increasing and Supply decreasing).  Prices increased slightly in South Orange and are only slightly down in Maplewood.

Local figures are far below and see the link directly below for national projections.

http://realestateinsidernews.com/breaking-real-estate-news/2013-housing-predictions/

sales2012

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Spring Activity

 
Real Estate activity has been more robust this spring than in the recent past.  Here’s what I’ve sold recently or is under contract and due to close in June or July.
 
Just Sold
169 Scotland Rd., South Orange – buyer
117 Second St., South Orange – my listing
37 Edgar St., Summit – buyer
74 Essex St., Glen Ridge – buyer
34 Riggs., South Orange – buyer
25 Hickory, Maplewood – my listing
 
 
 
 
 
 
 
Under Contract/Attorney Review
46 Park Pl., South Orange – buyer
552 Hillside Terr., West Orange – my listing
350 High St., Orange – buyer
332 Ogden St., Orange – my listing
 

Area Real Estate Sales Figures (4q & full year 2011)

Here are the 4th quarter and full year end 2011 real estate figures for our area.

A dip in the number of 4th quarter sales is usually seasonal.  The major dip in sales price and list price in the 4th quarter is more than a seasonal dip.  Home prices have dropped yet again but we’re hoping to stabilize and begin the slow climb back in 2012.

Area Sales for the full year 2010

Here are the sales numbers for the year  2010 in Suburban Essex and Northern Union counties.   Buyers are returning as the number of sales (sold listings) increased over 2009 figures for the following towns: South Orange, Maplewood, Millburn, Montclair and Summit.  The towns closest to the train lines are feeling the recovery before the others (figures from Garden State MLS).

Please call me if you’ve got any questions about these figures or would like a complimentary CMA (comparative market analysis) done for your home.


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