maplewood nj home sales: Maplewood, NJ 2009 Real Estate Market Recap
- 02/08/10 05:24 AM
In 2009, Maplewood, NJ (07040) saw real estate prices fall far less than the national average. The ease of commute to New York City on the Midtown Direct train line and wonderful downtown have kept housing prices in line. Based on figures released from GSMLS, 232 homes sold in Maplewood, NJ in 2009 with an average list price of $474,645 and average sale price of $476,220 (only 8% off 2008). 2010 has rolled in with a bang in Maplewood, NJ with many multiple offers and homes under contract over the initial asking price. To learn more about Maplewood, NJ, visit www.NJRealEstateWire.com
There are currently 140 homes for sale in Maplewood, New Jersey...the same number that was on the market last year at this time. In September, 2008, the average list price of homes in Maplewood, NJ was $528,679. The average sales price of the sixteen homes sold was just below that at $521,843. Average Days on Market was 73. Maplewood, NJ Homes Sold September 2008 For the full story and analysis please visit NJ Real Estate Wire
The 2008 April home selling market in Maplewood New Jersey is brisk...in spite of the fact that the first quarter 2008 saw a dramatic drop in the number of homes sold vs. first quarter 2007. Buyers are ringing our phones and open houses are full. Full priced offers are made when homes are priced right, BUT we are still seeing low offers on homes the buyers feel are overpriced for the neighborhood. Maplewood NJ only saw a 6% drop in average sale price in the first quarter 2008 ($485,750) vs 2007 ($516,492) which speaks to the continued vibrancy of the town with its close (0 comments)