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MAHWAH Condo & Townhome Real Estate Sales Data - July '08

By
Real Estate Agent with Berkshire Hathaway HomeServices Abbott Realtors

 By readers request, I have researched a separate sales data report for CONDO & TOWNHOME Sales in Mahwah, NJ. As you can see...things are moving right along with over 83 condos & townhomes selling in the last 2 months in town. WOW.

Yes, real estate is local and prices are holding close to the final listing price --- sales are within 3.67% of the ask... LISTEN to your realtor because low-ball offers are not in the cards because the asking prices are getting right on target.

This information is based on actual sales data garnered from the NJMLS for the past two months.

Status   # Average Minimum Maximum Avg DOM
Active : 67 $516,764 $348,000 $949,999 76
Under Contract : 33 $383,488 $242,900 $679,000 73
Sold : 50 $402,967 $252,250 $700,000 69
Total Listings : 150   Sold properties closed averaging (96.33%) of their final list price (FLP). This reflects a (3.67%) difference between property sale prices and their *FLP's.

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Thinking of buying or selling your home in MAHWAH, New Jersey?

Let me help you. Know the sales value of your new home and your new neighborhood * based on actual market comps. Allow me to present a Comparative Market Analysis to you that is customized to your home, finances and your specific needs. This will give you detailed information about pricing and selling your home in the current market or BUYING your home in your new neighborhood.

For more information about buying or selling your largest financial asset, contact me at CupaT@aol.com.

Copyright - Pamela Stetson 2008,   http://www.pamelastetson.com/

All information  is deemed reliable but not guaranteed.

Comments (2)

Robert Rauf
CMG Home Loans - Toms River, NJ

Good Aftenoon Pam,

How are things in your neighborhood?  I am starting to pick up (good news WHEW!) especially good news since the summer months have a tendency to be slow some times.

I hope all is well with you

Rob

Jul 21, 2008 05:54 AM
Pamela STETSON
Berkshire Hathaway HomeServices Abbott Realtors - Mahwah, NJ
I would love to help you buy or sell your home!

Hi Rob --- All is well thanks. Lots of activity - now I hope something things keep moving! Thanks for reading and your comments.

Jul 23, 2008 06:07 AM