Mendham Borough Real Estate Statistics and Trends (2014)

Residential Property Absorbtion Report: January - June 2014

County Town Actives Solds Average Sold/Month Month of Supply
Morris  Mendham Boro  48  32  5.33 9.01

Mendham Borough Real Estate Market Analysis: January - June 2014

MMM,YYYY

Active Listings

New Listings

Under Contract

Sold Listings

 

 

#

Avg. LP Med. LP

#

Avg. LP Med. LP # Avg. LP Med. LP Avg.
DOM
# Avg. SP Med. SP Avg.
DOM
SP/LP
Jun,2014  64  $1,405,912  $854,000  13  $1,015,262  $799,000  $844,986  $859,000  37  14  $652,429  $659,500  38  98% 
May,2014  70  $1,311,852  $832,450  15  $879,813  $739,500  15  $669,583  $539,900  67  $565,000  $392,500  33  94% 
Apr,2014  67  $1,282,490  $699,999  22  $1,139,643  $581,000  $589,711  $645,000  29  $1,623,000  $795,000  101  88% 
Mar,2014  58  $1,352,840  $837,000  21  $958,619  $699,000  $1,225,778  $649,000  56  $571,250  $607,500  47  96% 
Feb,2014  47  $1,431,672  $995,000  $1,056,000  $999,000  $880,986  $645,000  88  $590,000  $590,000  98% 
Jan,2014  45  $1,405,280  $869,000  13  $748,223  $645,000  $612,000  $612,000  42  $606,083  $567,000  43  97% 
 
Period 1:  351  $1,358,193    91  $974,919    49  $809,979    56  36  $754,181    47  96% 

Mendham Borough Real Estate Market Analysis: Year-to-Previous-Year Analysis (Jan - June 2014 compared to Jan - June 2013)

MMM,YYYY

Active Listings

New Listings

Under Contract

Sold Listings

 

 

#

Avg. LP Med. LP

#

Avg. LP Med. LP # Avg. LP Med. LP Avg.
DOM
# Avg. SP Med. SP Avg.
DOM
SP/LP
Jun,2014  64  $1,405,912  $854,000  13  $1,015,262  $799,000  $844,986  $859,000  37  14  $652,429  $659,500  38  98% 
Jun,2013  43  $1,352,809  $725,000  $748,250  $662,000  $1,038,129  $469,000  75  12  $503,250  $421,500  94  96% 
May,2014  70  $1,311,852  $832,450  15  $879,813  $739,500  15  $669,583  $539,900  67  $565,000  $392,500  33  94% 
May,2013  58  $1,133,474  $599,000  16  $1,099,500  $844,500  16  $539,794  $384,450  68  10  $598,750  $551,500  93  97% 
Apr,2014  67  $1,282,490  $699,999  22  $1,139,643  $581,000  $589,711  $645,000  29  $1,623,000  $795,000  101  88% 
Apr,2013  56  $1,103,523  $559,500  16  $1,041,488  $577,000  10  $659,380  $539,000  96  $547,250  $467,500  126  96% 
Mar,2014  58  $1,352,840  $837,000  21  $958,619  $699,000  $1,225,778  $649,000  56  $571,250  $607,500  47  96% 
Mar,2013  52  $1,071,563  $559,750  14  $1,242,886  $570,500  10  $609,880  $522,250  81  $528,142  $467,500  77  90% 
Feb,2014  47  $1,431,672  $995,000  $1,056,000  $999,000  $880,986  $645,000  88  $590,000  $590,000  98% 
Feb,2013  45  $954,516  $550,000  $666,067  $584,250  $691,217  $557,200  124  $0  $0  0% 
Jan,2014  45  $1,405,280  $869,000  13  $748,223  $645,000  $612,000  $612,000  42  $606,083  $567,000  43  97% 
Jan,2013  43  $939,088  $514,900  13  $801,492  $460,000  $409,500  $409,500  56  $639,750  $649,500  89  97% 
 
Period 1:  351  $1,358,193    91  $974,919    49  $809,979    56  36  $754,181    47  96% 
Period 2:  297  $1,093,484    69  $1,000,942    51  $658,088    83  36  $553,982    94  95%