Real estate market update for Madison, Morris County, New Jersey
During the month of May 2010, 10 homes closed escrow in Madison NJ. This compares very favorably with 2009 when only 5 homes in Madison were sold!
Average Madison NJ home sales price $737,700 at 96% of the list prices. Median price: $526,250. Average days on the market 62.
MADISON HOMES SOLD IN MAY 2010 BY ADDRESS
ADDRESS List Price Sale Price Days on Market
7 SAMSON AVE $299,900 $305,000 66
43 BRITTIN ST $410,000 $415,000 11
318 MAIN ST $450,000 $435,000 30
2 Amelia Court $525,000 $515,000 248
87 FAIRFAX CT $525,000 $508,500 23
260 OXFORD CT $565,000 $537,500 31
18 LEWIS DR $729,900 $751,000 13
45 VALLEY RD $939,900 $920,000 53
24 Alma Avenue $995,000 $990,000 51
107 GARFIELD AVE $2,250,000 $2,000,000 89
Currently there are 67 Madison homes and condos for sale, ranging in price from $280,000 to $3,200,000 and we have been seeing more buyer activity this past Spring. The good news for buyers is that prices are still down but seem to be stabilizing.
Would you like to find out if this is the time to buy a home in Madison? Give us a call for a Private Buyer Consultation. There is no obligation and we will help you find out what you can afford and what is available in the price range and neighborhoods you like.
Let us guide and advocate for YOU!
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