Special offer

July, 2007 Branchburg Closed Sales Stats

By
Real Estate Agent with Hills & Valley Real Estate

The following table contains closed residential real estate transactions in Branchburg for July, 2007. However, unlike the inaccurate information promulgated by most agents and media sources, the “DOM” (Days on Market) column indicates the sum of days-on-market accrued through serial listings of the same home (it is a common agent “trick” to withdraw and re-list a home, in order to create the public impression of a “fresh” home that has seen fewer days on market). In addition, the “OLP” (Original List Price) column reflects the list price of each home at the time it was first offered for sale.Sales statistics posted at Branchblog will always be cross-checked to provide the most accurate and unbiased housing market snapshot possible.Please direct specific inquiries to Chip Hughes at (908) 334-2329 or chip.hughes@att.net. Better yet, leave a comment!All information is deemed accurate, but not guaranteed, and is provided courtesy of Garden State Multiple Listing System:

 

Address OLP Sale Price % of OLP DOM
309 Red Crest 264,900 235,000 89 404
1312 Boxwood 264,900 250,000 94 240
1503 Longley 300,000 265,000 88 104
103 Red Crest 319,900 311,000 97 57
119 Stony Brook 355,000 310,000 87 293
706 Breckenridge 334,900 310,000 93 104
88 Delaware 344,900 338,000 98 71
7 Navajo 399,900 340,000 85 427
7 Mohave 369,900 365,000 99 21
77 Cedar Grove 369,900 328,000 89 6
92 Robbins 385,000 367,000 95 52
12 Mohave 389,900 365,000 94 154
2 Apache 414,900 400,000 96 111
123 River 424,000 405,000 96 14
24 Carlisle 529,000 475,000 90 74
8 Mulberry 529,900 490,000 92 34
42 Strawberry Hill 515,000 505,000 98 30
502 Clinton 599,000 542,000 90 229
48 France 643,850 560,000 87 273
260 Carol Jean 719,900 545,000 76 287
622 Snowbird 709,900 612,000 86 240
101 Oak Crest 880,000 715,000 81 333

AVERAGES: 162 Days-on-Market; SALE PRICE: 91% of original list price.