Posts Tagged 'under contract'

Real Estate conditions in local area

 

The Market in our area looks pretty strong.  Absorption rate is how many months it would take for the entire inventory of that town to sell given current conditions.  Inventory levels remain low and buyers are very active.

Local Market Absorption_08.21.2016

 

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Sold & Rented 2013

HOMES SOLD IN 2013

  • 108 Roland – SOUTH ORANGE
  • 26 Hilltop – BERKELEY HEIGHTS
  • 29 Riggs – SOUTH ORANGE
  • 23 Arcularius – MAPLEWOOD
  • 21 Warren – MAPLEWOOD
  • 98 Harvard – MAPLEWOOD
  • 204 Lexington – MAPLEWOOD
  • 370 Vose – SOUTH ORANGE
  • 7 Highland – WEST ORANGE
  • 120 Roland – SOUTH ORANGE
  • 27 Burr – MAPLEWOOD
  • 833 Valley – UNION
  • 30 New England – MAPLEWOOD

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_MG_5798  100751345_1

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highlalndWO  roland

VALLEY  BURR

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* * *

UNDER CONTRACT

  • 67 Oakland – MAPLEWOOD

67oaklandx  

* * *

HOMES RENTED IN 2013

  • West End Rd, SOUTH ORANGE
  • Hughes St., MAPLEWOOD
  • Upper Mtn. Ave., MONTCLAIR
  • Springfield Ave., MAPLEWOOD
  • Tuxedo Pkwy, NEWARK
  • Myrtle, MILLBURN

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2988422_0  MYRTLERENT

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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