Archive for the 'Springfield' Category

Spring Market Heats Up

Please look at what’s going on in New Jersey’s bedroom communities 🙂   Homes going under contract in the month of March for South Orange have doubled from 2011 to 2013.  The vast majority of the other towns listed below have also shown significant gains.

underc13

More confidence in the economy, low prices and low interest rates have finally pushed buyers back into the market.  A lack of inventory is making for bidding wars on the best homes and shorter selling times for other homes.  Its April and if you’re thinking of selling, now’s a great time to do so.

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My 2012 sales

Here are pictures of the Essex and Union County homes I guided to closing in 2012.  There were also rentals and referrals which were not included in the gallery below.

hickoryExt1 copy     1677springfieldav     meadowbrookpl

secondst    2918560_0     2928983_1-1

2919242_0-1    2886057_0    2934414_0

2947969_0    2889203_0

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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