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December Market Activity - Basking Ridge and Bedminster, NJ

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Real Estate Agent with Berkshire Hathaway HomeServices NJ Properties

There were lots of people moving into and out of Bedminster, NJ this past month!   The following properties closed during the last 30 days:

Property, List Price/Sale Price
31 Edgewood Road, $419,900/$395,000
406 Cardinal Lane, $324,900/$315,000
29 Ashley Court, $289,500/$281,250
7 Sargeant Stoddard Court, $795,000/$770,000
1610 Black River Road, $990,000/$980,000
73 Dogwood Lane, $377,900/$358,000
76 S Edgewood Road, $419,000/$390,000
34 Revere Drive, $799,999/$800,000
25 Stone Edge Road, $419,999/$400,000
10 Four Oaks Road, $395,500/$390,000
27 Stafford Court, $789,000/$735,000
22 Birchwood Road, $265,000/$259,500
38 Stone Run Road, $399,900/$375,000
71 N Edgewood Road, $439,000/$405,000
26 High Pond Lane, $309,999/$315,000
50 Bentley Court, $299,900/$275,000
74 Wentworth Road, $259,900/$258,500
11 Wendover Court, $299,900/$280,000
20 Teal Lane, $419,500/$405,000
5 Four Oaks Road, $379,000/$370,000
24 Oak Knoll Lane, $382,000/$370,000

Only 7 properties in Bedminster went under contract this past month; there were 12 new listings and there are only 2 deals in attorney review.  There hasn't been much activity here in town this month; but I do expect that to change.  Bedminster has so many properties that are perfectly priced for buyers to take advantage of the tax credit.  It should be a busy spring - and spring usually starts early!

Visit my Bedminster website to search homes for sale in Bedminster and surrounding areas.  Looking for a market snapshot or a comparative market analysis for your Bedminster home?  I can help with that too; click here and you will be sent a detailed report of market activity in your neighborhood!

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December Market Activity in Basking Ridge

January 1st, 2010

December had two more closings than November did.  The following properties closed during this past month:

Property, List Price/Sale Price
7 Plymouth Court, $489,000/$453,000
107 N Finley Avenue, $419,000/$415,000
82 South Stone Hedge Drive, $1,295,000/$1,185,000
76 Huntington Road, $725,000/$650,000
195 Smoke Rise Road, $549,999/$525,000
150 Bernard Drive, $1,078,500/$998,500
14 Stoneview Court, $997,900/$938,000
94 South Stone Hedge Drive, $1,299,000/$1,250,000
20 Dexter Drive North, $545,000/$522,500
28 Castle Way, $549,900/$500,000
16 Canter Drive, $599,900/$577,000
24 Princeton Court, $725,000/$685,000
187 Potomac Drive, $250,000/$250,000
169 Irving Place, $249,000/$185,000
243 English Place, $265,000/$257,000
124 Smithfield Court, $289,900/$280,000
51 Aspen Drive, $469,000/$447,000
237 Alexandria Way, $262,900/$240,000
11 Fairbanks Lane, $449,999/$436,250
129 Village Drive, $383,000/$372,000
2 Raleigh Court, $524,000/$511,000
91 Aspen Drive, $409,000/$376,000
8 Richmond Drive, $703,000/$685,000
12 Hadley Court, $635,000/$545,000
16 Cannon Court, $525,499/$515,000
20 Battalion Drive, $493,000/$475,000

22 properties in town went under contract, there were 27 new listings and there are currently 9 deals in attorney review.  As of tonight, there are only 129 properties on the market, this is actually a pretty low number.  Based on the number of listings that I have lined up to come on the market in the first six to eight weeks of the year, I can make a pretty good guess that inventory levels will steadily increase between now and mid-March because I am pretty sure that I am not the only agent with listings in the pipeline!

Visit my Basking Ridge website to search homes for sale in Basking Ridge and surrounding areas.  Looking for a market snapshot or a comparative market analysis for your Basking Ridge home?  I can help with that too; click here and you will be sent a detailed report of market activity in your neighborhood!

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