Mendham Borough Real Estate Statistics and Trends (2016)

Residential Property Absorbtion Report: January-December 2016

County Town Actives Solds Average Sold/Month Month of Supply
Morris  Mendham Boro  45  54  4.5 10.0

Mendham Borough Real Estate Market Analysis: January - December 2016

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 SP/OLP
Dec,2016  61  $1,437,070  $799,000  $811,417  $648,250  $802,875  $764,500  77  $787,500  $792,500  88  95%  93% 
Nov,2016  66  $1,406,558  $799,450  $944,543  $674,900  $726,475  $689,000  55  $470,333  $386,000  20  98%  98% 
Oct,2016  65  $1,431,198  $850,000  $472,489  $469,999  $389,900  $389,900  44  $580,988  $424,500  99  99%  84% 
Sep,2016  71  $1,700,465  $895,000  18  $879,817  $707,500  $1,911,829  $685,000  104  $1,429,833  $569,000  120  73%  68% 
Aug,2016  61  $1,793,198  $949,000  $840,963  $654,000  $529,800  $475,450  77  $1,455,567  $1,075,000  47  95%  95% 
Jul,2016  66  $1,684,029  $850,000  $936,333  $1,049,000  $565,812  $499,500  101  $578,714  $510,000  76  96%  94% 
Jun,2016  77  $1,609,061  $850,000  12  $1,789,250  $824,500  $1,657,667  $1,199,000  22  $796,500  $724,500  30  96%  95% 
May,2016  75  $1,511,936  $799,900  16  $911,625  $710,000  $531,125  $599,000  48  $655,633  $645,000  40  98%  95% 
Apr,2016  71  $1,641,549  $899,000  17  $1,229,747  $799,000  $791,150  $729,000  41  $816,813  $615,000  48  99%  97% 
Mar,2016  65  $1,683,246  $899,000  13  $965,300  $659,000  $909,100  $817,000  35  $852,500  $895,000  100  96%  94% 
Feb,2016  61  $1,682,293  $850,000  13  $1,213,223  $685,000  $379,300  $389,000  95  $634,000  $634,000  192  99%  102% 
Jan,2016  51  $1,768,000  $949,000  12  $932,308  $772,450  $1,106,667  $1,195,000  170  $0  $0  0%  0% 
 
Period 1:        134  $1,026,696    57  $897,728    73  54  $817,852    75  95%  91% 
 
Summary Period 1:        134  $1,026,696    57  $897,728    73  54  $817,852    75  95%  91% 

Mendham Borough Real Estate Market Analysis: Year-to-Previous-Year Analysis (2016)

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 SP/OLP
Dec,2016  61  $1,437,070  $799,000  $811,417  $648,250  $802,875  $764,500  77  $787,500  $792,500  88  95%  93% 
Dec,2015  49  $1,774,749  $949,000  $1,404,950  $759,950  $523,000  $450,000  267  $729,800  $790,000  183  94%  90% 
Nov,2016  66  $1,406,558  $799,450  $944,543  $674,900  $726,475  $689,000  55  $470,333  $386,000  20  98%  98% 
Nov,2015  56  $1,702,048  $949,000  $764,850  $744,750  $839,000  $839,000  124  11  $535,500  $452,500  80  97%  93% 
Oct,2016  65  $1,431,198  $850,000  $472,489  $469,999  $389,900  $389,900  44  $580,988  $424,500  99  99%  84% 
Oct,2015  62  $1,583,326  $912,450  $1,133,580  $799,000  $672,557  $525,000  68  $726,500  $530,000  171  96%  96% 
Sep,2016  71  $1,700,465  $895,000  18  $879,817  $707,500  $1,911,829  $685,000  104  $1,429,833  $569,000  120  73%  68% 
Sep,2015  72  $1,709,667  $899,450  16  $2,499,987  $1,122,000  10  $698,470  $584,500  132  $742,083  $605,000  126  96%  79% 
Aug,2016  61  $1,793,198  $949,000  $840,963  $654,000  $529,800  $475,450  77  $1,455,567  $1,075,000  47  95%  95% 
Aug,2015  65  $1,395,525  $839,000  $726,317  $569,500  $771,317  $554,500  116  $659,857  $674,000  35  97%  95% 
Jul,2016  66  $1,684,029  $850,000  $936,333  $1,049,000  $565,812  $499,500  101  $578,714  $510,000  76  96%  94% 
Jul,2015  68  $1,359,716  $797,000  12  $900,083  $674,500  $517,900  $569,000  66  $634,000  $593,500  32  99%  98% 
Jun,2016  77  $1,609,061  $850,000  12  $1,789,250  $824,500  $1,657,667  $1,199,000  22  $796,500  $724,500  30  96%  95% 
Jun,2015  66  $1,366,802  $802,450  10  $1,013,360  $579,950  $567,567  $539,500  55  $775,750  $717,500  41  97%  96% 
May,2016  75  $1,511,936  $799,900  16  $911,625  $710,000  $531,125  $599,000  48  $655,633  $645,000  40  98%  95% 
May,2015  67  $1,326,166  $755,000  13  $1,062,685  $680,000  $637,129  $599,000  35  $459,375  $483,250  32  98%  97% 
Apr,2016  71  $1,641,549  $899,000  17  $1,229,747  $799,000  $791,150  $729,000  41  $816,813  $615,000  48  99%  97% 
Apr,2015  62  $1,308,905  $799,000  24  $908,404  $667,500  $724,317  $689,450  28  $595,500  $618,500  32  97%  96% 
Mar,2016  65  $1,683,246  $899,000  13  $965,300  $659,000  $909,100  $817,000  35  $852,500  $895,000  100  96%  94% 
Mar,2015  49  $1,414,424  $849,900  12  $918,900  $699,450  $654,643  $574,900  20  $615,563  $532,500  154  90%  86% 
Feb,2016  61  $1,682,293  $850,000  13  $1,213,223  $685,000  $379,300  $389,000  95  $634,000  $634,000  192  99%  102% 
Feb,2015  45  $1,498,507  $850,000  10  $974,370  $782,450  $612,667  $649,000  171  $733,000  $685,000  76  97%  92% 
Jan,2016  51  $1,768,000  $949,000  12  $932,308  $772,450  $1,106,667  $1,195,000  170  $0  $0  0%  0% 
Jan,2015  44  $1,590,157  $799,000  $800,233  $744,750  $898,225  $717,450  158  $964,750  $759,500  108  99%  92% 
 
Period 1:        134  $1,026,696    57  $897,728     73 54  $817,852    75  95%  91% 
Period 2:        122  $1,154,327    65  $669,886    89  69  $665,833    90  96%  92%