What sold in Basking Ridge this week? New Listings in Basking Ridge, NJ

09/19/2009 - 09/26/2009

The following 6 properties went under contract this past week in Basking Ridge:

3152 Valley Road, Single Family Home, listed for $489,000
16 Cannon Court, Hamilton Ridge Townhouse, listed for $525,499
118 S. Fairview Drive, Single Family Home, listed for $679,000
10 Fieldstone Drive, Single Family Home, listed for $799,900
150 Bernard Drive, Single Family Home, listed for $1,078,500
30 Royal Oak Drive, Single Family Home, listed for $1,999,000

There are an additional 12 properties that are working through attorney review which means they have accepted offers and lawyers are working through the contract details.  There are only 199 properties currently for sale in Basking Ridge - this is the first time we have dipped below 200 in quite some time!

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 properties:

144 Woodward Lane, Society Hill Condo, $282,00
266 Penns Way, Society Hill Townhouse, $349,999
72 Sycamore Court, The Cedars Townhouse, $369,900
62 Church Street, Single Family Home, $425,000
49 Peachtree Road, Single Family Home, $449,900,
16 Mayflower Drive, Hamilton Crest Townhouse, $479,000
29 Sunset Lane, Single Family Home, $525,000
32 Wedgewood Drive, Single Family Home, $699,900 (relist)
18 Benedict Crescent, Amherst Mews Townhouse, $699,900 (relist)
158 Morristown Road, Single Family Home, $724,000
35 Galloping Hill Road, Single Family Home, $789,900 (relist)
14 Stoneview Court, Single Family Home, $997,900
26 Haas Road, Single Family Home, $1,150,000 (relist)
340 Mountain Road, Single Family Home, $1,749,000
1129 Woodman Lane, Single Family Home, $1,875,000 (relist)

As of this evening there a total of 199 listings showing active in Basking Ridge in the MLS. With 34 going under contract in the last 30 days, Basking Ridge market absorption is 5.9 months; holding steady at just under 6 months - a very balanced market.

Please contact me if you would like more information about any of these Basking Ridge homes or visit my Basking Ridge website to search homes for sale in Basking Ridge and surrounding areas.