What sold in Basking Ridge, NJ this past week?

8/22/09-8/28/09

The following 9 properties went under contract this past week in Basking Ridge. The market is holding steady - there were also 9 contract sales the week before this one!

49 Smithfield Court, Spring Ridge Condo, $236,000, DOM 21
215 Alexandria Way, Spring Ridge Condo, $259,500, DOM 103
72 Commonwealth Drive, Spring Ridge Condo, $284,000, DOM 23
72 Jamestown Road, Spring Ridge Condo, $285,000, DOM 43
11 Dayton Street, Single Family Home, $369,000, DOM 102
23 Lindburgh Lane, Single Family Home, $439,900, DOM 31
12 Hancock, Patriot Hill Townhouse, $659,000, DOM 70
15 Lenape Court, Single Family Home, $734,900, DOM 84
71 Autumn Drive, Single Family Home, $1,135,000, DOM 16

There are an additional 15 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 9 properties:

104 Jamestown Rd, $215,000, Spring Ridge Condo
224 Arrowood Way, $360,000, The Cedars Townhouse
519 Lyons Road, $472,000, Single Family Home (relisted)
10 Melbourne Way, $750,000, Single Family Home (relisted)
220 N Maple Ave, $829,000, Single Family Home
15 Brentwood Court, $1,249,000, Single Family Home
22 Colonial Drive, $1,379,000, Single Family Home
11 Parkwood Lane, $1,989,900, Single Family Home
83 Emerald Valley Lane, $2,689,000, Single Family Home (relisted, new construction)

As of this morning there a total of 205 listings showing active in Basking Ridge in the MLS. With 42 going under contract in the last 30 days, Basking Ridge market absorption is 4.8 months (another decrease from last week which was 6.0 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.