Mendham Borough Real Estate Statistics and Trends (2017)

Residential Property Absorbtion Report: January - December, 2017

County Town Actives Solds Average Sold/Month Month of Supply
Morris  Mendham Boro  38  81  6.75 5.63

Mendham Borough Real Estate Market Analysis: January - December 2017

BY TOWN: Mendham Boro (2319)
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,2017  48  $1,177,652  $789,200  $495,375  $437,000  $959,650  $767,000  118  $753,400  $599,000  30  100%  99% 
Nov,2017  63  $1,266,446  $849,000  12  $993,192  $573,500  $1,164,317  $605,000  96  $1,259,750  $544,500  86  95%  87% 
Oct,2017  66  $1,269,541  $849,000  10  $703,040  $698,750  $987,200  $599,000  69  $968,150  $752,000  23  96%  96% 
Sep,2017  67  $1,308,913  $850,000  10  $987,980  $762,450  $553,833  $512,500  88  $835,000  $825,000  76  97%  96% 
Aug,2017  68  $1,294,683  $804,450  14  $906,896  $722,400  $715,430  $744,900  32  12  $704,125  $620,000  91  96%  94% 
Jul,2017  69  $1,318,888  $825,000  12  $829,308  $794,450  10  $1,004,330  $848,500  56  10  $722,290  $634,750  93  95%  92% 
Jun,2017  81  $1,358,800  $779,000  16  $1,488,606  $779,500  13  $812,277  $689,000  66  $792,490  $850,000  95  98%  94% 
May,2017  79  $1,313,278  $775,000  17  $1,288,700  $965,000  $618,650  $639,000  180  10  $595,000  $615,000  60  97%  95% 
Apr,2017  70  $1,277,499  $709,000  12  $879,967  $669,450  $555,160  $578,000  67  $681,722  $500,000  66  98%  93% 
Mar,2017  76  $1,215,333  $679,000  22  $943,482  $624,450  12  $656,433  $629,450  68  $807,520  $855,000  62  97%  95% 
Feb,2017  66  $1,319,901  $787,000  13  $780,900  $629,000  $884,475  $902,000  60  $906,900  $665,000  45  89%  89% 
Jan,2017  63  $1,404,119  $825,000  14  $1,264,400  $939,450  $984,725  $799,950  51  $567,500  $567,500  25  100%  97% 
 
Period 1:        156  $1,015,086    86  $820,494    77  81  $783,194    69  96%  94% 
 

Mendham Borough Real Estate Market Analysis: Year-to-Previous-Year Analysis (2017/2016)

BY TOWN: Mendham Boro (2319)
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,2017  48  $1,177,652  $789,200  $495,375  $437,000  $959,650  $767,000  118  $753,400  $599,000  30  100%  99% 
Dec,2016  61  $1,422,726  $799,000  $811,417  $648,250  $804,167  $730,000  41  $787,500  $792,500  88  95%  93% 
Nov,2017  63  $1,266,446  $849,000  12  $993,192  $573,500  $1,164,317  $605,000  96  $1,259,750  $544,500  86  95%  87% 
Nov,2016  66  $1,393,300  $799,450  $926,686  $674,900  $726,475  $689,000  55  $470,333  $386,000  20  98%  98% 
Oct,2017  66  $1,269,541  $849,000  10  $703,040  $698,750  $987,200  $599,000  69  $968,150  $752,000  23  96%  96% 
Oct,2016  65  $1,419,660  $825,000  $469,155  $469,999  $389,900  $389,900  44  $580,988  $424,500  99  99%  84% 
Sep,2017  67  $1,308,913  $850,000  10  $987,980  $762,450  $553,833  $512,500  88  $835,000  $825,000  76  97%  96% 
Sep,2016  71  $1,690,324  $895,000  18  $871,483  $707,500  $1,911,829  $685,000  104  $1,429,833  $569,000  120  73%  68% 
Aug,2017  68  $1,294,683  $804,450  14  $906,896  $722,400  $715,430  $744,900  32  12  $704,125  $620,000  91  96%  94% 
Aug,2016  61  $1,783,854  $949,000  $840,963  $654,000  $529,800  $475,450  77  $1,455,567  $1,075,000  47  95%  95% 
Jul,2017  69  $1,318,888  $825,000  12  $829,308  $794,450  10  $1,004,330  $848,500  56  10  $722,290  $634,750  93  95%  92% 
Jul,2016  66  $1,675,392  $850,000  $936,333  $1,049,000  $565,812  $499,500  101  $578,714  $510,000  76  96%  94% 
Jun,2017  81  $1,358,800  $779,000  16  $1,488,606  $779,500  13  $812,277  $689,000  66  $792,490  $850,000  95  98%  94% 
Jun,2016  77  $1,601,658  $850,000  12  $1,764,250  $774,500  $1,657,667  $1,199,000  22  $796,500  $724,500  30  96%  95% 
May,2017  79  $1,313,278  $775,000  17  $1,288,700  $965,000  $618,650  $639,000  180  10  $595,000  $615,000  60  97%  95% 
May,2016  75  $1,508,336  $799,900  16  $911,625  $710,000  $531,125  $599,000  48  $655,633  $645,000  40  98%  95% 
Apr,2017  70  $1,277,499  $709,000  12  $879,967  $669,450  $555,160  $578,000  67  $681,722  $500,000  66  98%  93% 
Apr,2016  71  $1,637,746  $899,000  17  $1,213,865  $799,000  $791,150  $729,000  41  $816,813  $615,000  48  99%  97% 
Mar,2017  76  $1,215,333  $679,000  22  $943,482  $624,450  12  $656,433  $629,450  68  $807,520  $855,000  62  97%  95% 
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,2017  66  $1,319,901  $787,000  13  $780,900  $629,000  $884,475  $902,000  60  $906,900  $665,000  45  89%  89% 
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,2017  63  $1,404,119  $825,000  14  $1,264,400  $939,450  $984,725  $799,950  51  $567,500  $567,500  25  100%  97% 
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:        156  $1,015,086    86  $820,494     77 81  $783,194    69  96%  94% 
Period 2:        134  $1,020,166    56  $899,491    71  54  $817,852    75  95%  91%