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2008 - Detail - The Chathams

  The Chathams
    January  01, 2008 to December 31, 2008
# Bedrooms      Active Listings     New Listings             Under Contract     Sold Listings    
  # Avg. LP # Avg. LP # Avg. LP DOM # Avg. SP DOM SP/LP
                       
3 173 $677,713 139 $670,014 70 $650,960 82 73 $618,175 68 98%
4 183 $972,724 162 $1,017,911 75 $975,925 55 78 $933,718 49.5 97%
5+ 166 $1,891,570 102 $1,871,667 36 $1,835,498 65 38 $1,751,748 62.5 97%
                       
Total 522 $1,167,152 403 $1,114,004 181 $1,021,213 67 189 $976,313 60 97.17%
    January  01, 2007 to December 31, 2007
# Bedrooms      Active Listings     New Listings           Under Contract       Sold Listings    
  # Avg. LP # Avg. LP # Avg. LP DOM # Avg. SP DOM SP/LP
                       
3 189 $699,254 151 $686,781 105 $695,980 72 109 $677,285 67 98%
4 167 $980,175 138 $969,870 89 $945,503 46 94 $954,686 49.5 98%
5+ 146 $1,841,079 108 $1,865,636 55 $1,733,906 102 56 $1,667,223 113 95%
                       
Total 502 $1,124,792 397 $1,105,881 249 $1,014,428 73 259 $992,004 77 96.83%
Variance
# Bedrooms      Active Listings     New Listings           Under Contract       Sold Listings    
  # Avg. LP # Avg. LP # Avg. LP DOM # Avg. SP DOM  
                       
3 (16) ($21,541) (12) ($16,767) (35) ($45,020) (10) (36) ($59,110) (1)  
4 16 ($7,451) 24 $48,041 (14) $30,422 (9) (16) ($20,968) 0  
5+ 20 $50,491 (6) $6,031 (19) $101,592 37 (18) $84,525 51  
                       
Total 20 $42,360 6 $8,123 (68) $6,785 (6) (70) ($15,691) (17)  
4% 1% 1% -2%    

This information was assembled from information in the Garden State Multiple Listing Service.  The information is deemed reliable but is not warranted or guaranteed.  Subject to errors, omissions and changes without prior notification.  Please contact a REALTOR before making any final conclusions about the value of your home.

Contact Information

Teri Danahey & Daniel Fevre
Prudential New Jersey Properties
1260 Springfield Ave.
New Providence NJ 07974
908-464-5200
Fax: 908-464-1133