Berkeley Heights NJ Real Estate Market Update

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Here are the raw numbers for Berkeley Heights NJ for the 2 month period from December 1 through January 31. Later this week, I will be posting the 4th quarter numbers and comparing that quarter to the 3rd quarter and the 4th quarter from a year ago, so you can see where are market is, and maybe even where it is going.

Here is the data for those 2 months:

Closed Sales: 17

Avg. Sales Price: $493,856

Avg. Final List Price: $522,211

List to Sale Price Ratio: 94.5% (this is as low as I've seen this number in a while, indicating a very sharp decline in home prices in the 4th quarter, like I shared in prior blogs)

Avg. Days on Market: 78

Check back for more numbers soon for other towns, and for the quarterly reports and comparisons! Thanks for reading. Feel free to email, comment, or call with questions.


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Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thanks for sharing your market data.  This will greatly help buyers and sellers making decisions.

Feb 07, 2009 03:01 PM #1
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Sean Carroll

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