sales: Monthly Residential Property Market Analysis for South Orange, New Jersey - March 2009 - 05/03/09 04:17 PM
South Orange's average residential listing price fell from $641,361 to $595,483, representing a 7.15% reduction in March 2009 over March 2008.
The variance in the number of listings for the same period was negligible, one less this year than last year's 161.
 2009 saw a surge in new listings at 44, … (2 comments)

sales: Monthly Residential Property Market Analysis For Fanwood, New Jersey- August 2008 - 11/15/08 11:55 PM
Fanwood's residential listings were down by 24% in August 2008 by comparison to last year. The listing price was down by 4%, with an average of $457,665. New listings were also down by27% with an average price of $465,291.
Homes under contract and scheduled to close were also down by nearly 14%, … (3 comments)

sales: Monthly Residential Property Market Analysis For Plainfield, New Jersey- August 2008 - 11/09/08 12:00 AM
The number of listings for August 2007 was 445 with an average price of $336,766  & August 2008 was 510  with an average price of $296,757. More properties were available for sale this year. However, prices were down by 12%.
New residential listings during the month were 81 with an average of $315,290 for July 2007 and July … (3 comments)

sales: Monthly Residential Property Market Analysis For Scotch Plains, New Jersey- July 2008 - 09/13/08 11:06 PM
The July 2007 average volume of residential listings was 238 with an average price of $666,834 . The July 2008 volume was 203 with an average price of $696,472. The Change in volume was a 1% decrease.
Equally interesting was the similarities in the new listings activity. July 2007 saw 40 listings averaging … (0 comments)

sales: Monthly Residential Property Market Analysis For South Orange, New Jersey- July 2008 - 09/06/08 08:34 PM
The volume of listings for July 2007 was 164 with an average price of $688,000 & July 2008 was 177 with an average price of 667,546.
New residential listings during the month were 29 with an average of $682,607 for July 2007 and July 2008 was 34 residential listings averaging $730,894.
Now … (1 comments)

sales: Monthly Residential Property Market Analysis For Maplewood, New Jersey- July 2008 - 09/06/08 08:08 PM
The volume of listings were significantly less for July 2007, at 176 with an average price of $518,660 versus July 2008, which came in at 209 with an average price of $470,426. The change in price point represented a 9% reduction and the change in volume represents a 18.75% increase.
The number of new … (0 comments)

sales: North Plainfield New Jersey's Monthly Residential Property Market Analysis - June 2007 - 07/19/07 08:33 AM
North Plainfield is marching to a tune all of it's own. While many municipalities in the central part of the state are experiencing around three months on the market before closing, North Plainfield is firmly at the two month mark.
Last month there were 305 homes for sale with an average listing … (2 comments)

sales: Westfield New Jersey's Monthly Residential Property Market Analysis - 01/07/07 04:28 AM
The township of Westfield was formed in 1794. The first railroad line through Westfield was established in 1838. The first newspaper "The Townsman" followed in 1875 and by 1895 electric, telephone, water and sewer services were available.
Fast forward to December 2006 and this township is one of the most desirable residential … (2 comments)

sales: Westfield's Monthly Multi-Family Production Report - 12/13/06 11:29 AM
No surprise here. Westfield has very few properties that are two to four family. There were none on the market in November. Not only were there no multi-family properties on the market, there were none under contract nor did any close during the month of November. Last year November saw six … (4 comments)

sales: Westfield's Monthly Single Family Home Productivity Report - 12/13/06 10:30 AM
<!-- -->November 2006 saw a 23.59% increase in the number of listings over November 2005. Westfield had 241 single family homes listed for November 2006 with a median list price of $779,900, averaging 98 days on the market. Of the 241 listings, 37 were new with a median price of $649,900. … (2 comments)

sales: Scotch Plains' Monthly Multi-Family Production Report - 12/11/06 08:32 PM
<!-- -->November 2006 saw a 75% reduction in the number of listings over November 2005. Scotch Plains had 1 multi-family home listed for November 2006 with a median list price of $374,000, averaging 153 days on the market. There were no new listings during the month. There likewise, were no sales … (0 comments)

sales: Scotch Plains' Monthly Single Family Home Productivity Report - 12/10/06 05:20 PM
November 2006 saw a 22.99% increase in the number of listings over November 2005. Scotch Plains had 214 single family homes listed for November 2006 with a median list price of $579,900, averaging 109 days on the market. Of the 214 listings, 29 were new with a median price of $579,000. … (0 comments)

sales: Plainfield's Monthly Single Family Home Productivity Report - 12/03/06 02:44 AM
The numbers are in and as I had been saying all along, listing volume is up and sales volume is down. List prices are likewise tumbling downward!
November 2006 saw a 14% increase in the number of listings over November 2005. Plainfield had 316 single family homes listed for November 2006 with a median … (0 comments)

 
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William Collins, Broker Associate

South Orange, NJ

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ERA Queen City Realty

Office Phone: (973) 275-5454 x 11

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