Mendham Township 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 Twp.  85  29  4.83 17.6

Mendham Township 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  104  $1,290,558  $1,065,000  17  $993,406  $960,000  $1,173,267  $718,900  95  $1,412,000  $1,400,000  35  95% 
May,2014  103  $1,330,308  $1,039,500  21  $1,183,133  $1,025,000  11  $1,075,614  $979,900  41  $857,500  $742,500  154  94% 
Apr,2014  97  $1,337,595  $1,039,500  31  $1,199,906  $899,900  $1,366,800  $1,499,999  35  $961,643  $675,000  84  88% 
Mar,2014  83  $1,307,426  $1,065,000  15  $1,106,557  $1,095,000  10  $1,116,900  $849,000  109  $1,040,000  $1,075,000  58  95% 
Feb,2014  79  $1,317,176  $1,099,000  13  $953,908  $675,000  $1,035,000  $1,138,500  62  $462,500  $462,500  187  97% 
Jan,2014  74  $1,377,323  $1,112,500  12  $1,137,750  $1,094,000  $591,333  $650,000  100  $563,786  $435,000  61  92% 
 
Period 1:  540  $1,324,966    109  $1,115,440    44  $1,099,504    74  30  $909,767    82  93% 

Mendham Township 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  104  $1,290,558  $1,065,000  17  $993,406  $960,000  $1,173,267  $718,900  95  $1,412,000  $1,400,000  35  95% 
Jun,2013  90  $1,337,708  $1,197,500  24  $1,453,071  $1,325,000  $828,983  $732,000  38  10  $716,239  $632,500  197  91% 
May,2014  103  $1,330,308  $1,039,500  21  $1,183,133  $1,025,000  11  $1,075,614  $979,900  41  $857,500  $742,500  154  94% 
May,2013  80  $1,272,042  $1,170,000  15  $1,215,899  $1,029,000  $1,136,938  $774,000  121  $814,871  $822,500  85  96% 
Apr,2014  97  $1,337,595  $1,039,500  31  $1,199,906  $899,900  $1,366,800  $1,499,999  35  $961,643  $675,000  84  88% 
Apr,2013  79  $1,230,265  $1,194,999  23  $1,133,565  $949,000  $900,333  $679,000  160  13  $743,624  $762,000  82  96% 
Mar,2014  83  $1,307,426  $1,065,000  15  $1,106,557  $1,095,000  10  $1,116,900  $849,000  109  $1,040,000  $1,075,000  58  95% 
Mar,2013  72  $1,210,301  $1,145,000  15  $931,267  $735,000  $794,600  $699,999  91  $527,350  $709,500  137  92% 
Feb,2014  79  $1,317,176  $1,099,000  13  $953,908  $675,000  $1,035,000  $1,138,500  62  $462,500  $462,500  187  97% 
Feb,2013  66  $1,239,889  $1,145,000  $1,458,700  $1,350,000  $591,167  $577,500  52  $692,400  $755,000  82  95% 
Jan,2014  74  $1,377,323  $1,112,500  12  $1,137,750  $1,094,000  $591,333  $650,000  100  $563,786  $435,000  61  92% 
Jan,2013  76  $1,192,174  $924,000  11  $1,317,900  $949,900  12  $770,033  $764,000  121  $298,750  $280,000  95  95% 
 
Period 1:  540  $1,324,966    109  $1,115,440    44  $1,099,504    74  30  $909,767    82  93% 
Period 2:  463  $1,250,384    95  $1,240,642    46  $846,365    106  43  $688,082    114  94%