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This week in Basking Ridge, NJ

By
Real Estate Agent with Berkshire Hathaway HomeServices NJ Properties

8/1/09-8/7/09

The following 8 properties went under contract this past week in Basking Ridge, that is five more contract sales than last week; I don't think we are going to see much of an August slow down this year! 

82 Alexandria Way listed for $268,000
34 Smithfield Ct listed for $279,900
191 Irving PLace listed for $305,000
5 Brook Ave listed for $399,000
16 Prescott Court listed for $437,000
75 Dorchester Drive listed for $549,900
88 Cherry Lane listed for $599,000
7 Carlisle Road listed for $699,000

There are an additional 14 properties that are working through attorney review.

Please contact me if you would like more information about any of these Basking Ridge homes or visit my Basking Ridge real estate website for more information on what has sold each month over the past year.

New to the Basking Ridge market are the following 12 properties (note that some of these have been available for quite some time but have been relisted):

49 Smithfield Court listed for $236,000
72 Commonwealth Drive listed for $284,000
67 Countryside Drive listed for $349,900
7 Plymouth Court listed for $499,000
11 Cannon Court listed for $509,000
120 Lyons Road listed for $519,999
138 Patriot Hill Drive listed for $679,000
25 Benedict Crescent listed for $694,999
49 Juniper Way $699,900
98 Washington Ave listed for $789,000
6 Chelsea Court listed for $1,749,000 (has been For Sale By Owner for a LONG time)
16 Prescott Court listed for $437,000 (already under contract!)

As of this afternoon, there are a total of 221 listings showing active in Basking Ridge in the MLS.  With 39 going under contract in the last 30 days, Basking Ridge market absorption is 6.14 months (up from last week which was 5.97 months.

Please contact me if you would like more information about any of these Basking Ridge homes or visit my Basking Ridge website to sign up for listing alerts in and around Basking Ridge.