Looking Ahead...

  

Yes, the average sale price in Long Hill Twp. did decline. However, on a positive note, the number of sales transacted was comparable to that of sales in 2006. There are mixed opinions as to when the market will recover. Housing forecasters are predicting a bottom sometime in the 2nd or 3rd quarter, where as more conservative economists believe the recovery won't be until 2009. In the meantime, Houses Will Continue To Sell In 2008. Statistics have shown us that. And while location, condition and amenities are important elements, Competitive Pricing has been and will remain to be, the major factor to a successful sale.  

SINGLE FAMILY          2006                vs.     2007

  HOUSES

  Number of Sales                65                     72

  Avg. List Price             $687,779              $613,417

  Avg. Sale Price            $659,560              $590,734

  Avg. Days on Market         62                      68

  % of Change                                          -10.5%

 CONDO/TWNH

 Number of Sales                 22                     13

 Avg. List Price              $418,945             $405,476

 Avg. Sale Price             $405,609             $385,769

 Avg. Days on Market          56                      56

 % of Change                                             -5%

 

 

 

                    

 

  

Your Neighborhood Specialist

Maria Lourdes Couto, ABR,CDPE,CRS,GRI,SRES                         

REALTOR-Associate
RE/MAX Premier
60 Mountain Blvd
Warren, NJ 07059
Cell/Direct: 908-400-1801 
Office: 908-754-1500  
E-Fax: 908-636-2507
E-Mail: Homes@MariaLCouto.com  
WebSite: BerkeleyHeightsAndBeyond.com

Helping folks buy and sell in:

Berkeley Heights Real Estate
Jersey Shore Homes
Warren NJ Homes for Sale
Long Hill NJ Homes
New Providence Real Estate
Union County NJ Real Estate

Click to Talk to Maria Lourdes Couto,ABR,CRS,SRES!

 

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Maria Couto,ABR,CRS-Berkeley Heights & Long Hill Real Estate Home Sales

Berkeley Heights, NJ

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RE/MAX Premier

Address: 60 Mountain Blvd, Warren, NJ, 07059

Office Phone: (908) 754-1500 x 158

Cell Phone: (908) 400-1801

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