Mendham Borough Real Estate Statistics and Trends (2015)

Residential Property Absorbtion Report: January - June 2015

County Town Actives Solds Average Sold/Month Month of Supply
Morris  Mendham Boro  54  25  4.17 12.95

Mendham Borough Real Estate Market Analysis: January - June 2015

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,2015  63  $1,468,717  $849,900  10  $1,233,190  $580,000  $575,280  $680,000  37  $775,750  $717,500  41  97% 
May,2015  64  $1,390,236  $802,000  13  $1,103,069  $680,000  $637,129  $599,000  35  $459,375  $483,250  32  98% 
Apr,2015  61  $1,350,625  $799,000  24  $954,904  $674,000  $724,317  $689,450  28  $595,500  $618,500  32  97% 
Mar,2015  48  $1,446,392  $849,950  12  $936,475  $699,450  $654,643  $574,900  20  $615,563  $532,500  154  90% 
Feb,2015  44  $1,530,498  $854,900  10  $991,770  $782,450  $612,667  $649,000  171  $733,000  $685,000  76  97% 
Jan,2015  43  $1,620,977  $799,000  $795,233  $744,750  $898,225  $717,450  158  $964,750  $759,500  108  99% 
 
Period 1:        75  $1,006,884            28  $687,893    84  95% 

Mendham Borough Real Estate Market Analysis: Year-to-Previous-Year Analysis (Jan - June 2015 compared to Jan - 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,2015  63  $1,468,717  $849,900  10  $1,233,190  $580,000  $575,280  $680,000  37  $775,750  $717,500  41  97% 
Jun,2014  67  $1,329,213  $849,000  13  $989,985  $735,000  $842,488  $842,000  47  14  $652,429  $659,500  38  98% 
May,2015  64  $1,390,236  $802,000  13  $1,103,069  $680,000  $637,129  $599,000  35  $459,375  $483,250  32  98% 
May,2014  72  $1,249,835  $825,000  15  $848,780  $699,000  14  $628,196  $534,450  63  $565,000  $392,500  33  94% 
Apr,2015  61  $1,350,625  $799,000  24  $954,904  $674,000  $724,317  $689,450  28  $595,500  $618,500  32  97% 
Apr,2014  69  $1,225,375  $699,999  22  $1,062,416  $581,000  $589,711  $645,000  24  $1,623,000  $795,000  101  88% 
Mar,2015  48  $1,446,392  $849,950  12  $936,475  $699,450  $654,643  $574,900  20  $615,563  $532,500  154  90% 
Mar,2014  60  $1,313,128  $810,000  21  $939,571  $699,000  $1,225,778  $649,000  56  $571,250  $607,500  47  96% 
Feb,2015  44  $1,530,498  $854,900  10  $991,770  $782,450  $612,667  $649,000  171  $733,000  $685,000  76  97% 
Feb,2014  49  $1,387,992  $874,000  $1,009,571  $999,000  $880,986  $645,000  88  $590,000  $590,000  98% 
Jan,2015  43  $1,620,977  $799,000  $795,233  $744,750  $898,225  $717,450  158  $964,750  $759,500  108  99% 
Jan,2014  47  $1,367,779  $849,000  13  $742,454  $645,000  $612,000  $612,000  42  $606,083  $567,000  43  97% 
 
Period 1:        75  $1,006,884            28  $687,893    84  95% 
Period 2:        91  $938,731            36  $754,181    47  96%