Admin

October-November, 2007 Branchburg Closed Sales Stats

By
Real Estate Agent with Hills & Valley Real Estate

The following table contains closed residential real estate transactions in Branchburg for October and November, 2007. However, unlike the inaccurate information promulgated by most agents and media sources, the “DOM” (Days on Market) column indicates the sum of days-on-market accrued through serial listings of the same home (it is a common agent “trick” to withdraw and re-list a home, in order to create the public impression of a “fresh” home that has seen fewer days on market). In addition, the “OLP” (Original List Price) column reflects the list price of each home at the time it was first offered for sale.

Sales statistics posted at Branchblog will always be cross-checked to provide the most accurate and unbiased housing market snapshot possible.

Please direct specific inquiries to Chip Hughes at (908) 334-2329 or chip.hughes@att.net. Better yet, leave a comment!

All information is deemed accurate, but not guaranteed, and is provided courtesy of Garden State Multiple Listing System:

Address

OLP

Sale Price

% of OLP

DOM

1010 Breckenridge

256,500

235,000

97

154

308 Red Crest

254,900

260,000

102

24

1716 Breckenridge

267,500

255,000

95

52

430 Azalea

305,000

265,000

82

294

532 Azalea

299,900

280,000

93

124

407 Red Crest

324,900

286,500

88

302

1107 Breckenridge

295,000

280,000

95

20

9 Navajo

355,500

320,000

90

136

707 Breckenridge

354,900

325,000

92

54

902 Breckenridge

349,900

325,000

93

115

139 Choctaw Ridge

395,000

355,000

90

67

21 Oriole

459,900

370,000

80

146

8 Tamarack

629,900

599,000

95

50

442 Brookview

609,900

607,500

99

91

21 Oak Hill

669,900

583,628

87

187

11 Lexington

689,000

662,000

96

47

8 Heritage

994,000

965,000

97

175

926 Magnolia

268,900

268,900

100

38

1504 Longley

297,000

274,000

92

174

16 Cheyenne

415,000

405,000

98

50

220 Grandview

664,900

565,000

85

210

16 Edgewood

719,000

630,000

88

245

10 Meadow View

1,049,000

960,000

92

757

 

AVERAGES: 153 Days-on-Market; SALE PRICE: 92% of original list price.

Comments(0)