Mendham Township 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 Twp.  84  30  5.0 16.8

Mendham Township 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  107  $1,343,500  $1,149,000  19  $1,210,300  $950,000  17  $1,075,918  $1,100,000  74  15  $1,115,200  $990,000  82  97% 
May,2015  112  $1,299,876  $1,099,998  23  $1,325,200  $1,150,000  18  $954,572  $909,000  121  $828,333  $830,000  86  98% 
Apr,2015  112  $1,274,654  $1,057,500  30  $1,143,923  $997,000  12  $1,137,750  $1,059,000  46  $539,667  $580,000  25  99% 
Mar,2015  95  $1,267,952  $1,050,000  25  $1,487,520  $1,149,000  $668,014  $629,000  101  $809,000  $808,500  49  100% 
Feb,2015  79  $1,196,196  $969,000  15  $1,103,331  $969,000  $817,800  $880,000  48  $562,333  $700,000  158  99% 
Jan,2015  71  $1,206,624  $949,000  10  $1,267,700  $934,500  $219,000  $219,000  430  $750,000  $795,000  59  94% 
 
Period 1:        122  $1,264,000            31  $903,387    78  98% 

Mendham Township 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  107  $1,343,500  $1,149,000  19  $1,210,300  $950,000  17  $1,075,918  $1,100,000  74  15  $1,115,200  $990,000  82  97% 
Jun,2014  108  $1,267,851  $1,019,700  17  $949,641  $949,000  $1,279,300  $778,950  90  $1,348,333  $1,215,000  41  95% 
May,2015  112  $1,299,876  $1,099,998  23  $1,325,200  $1,150,000  18  $954,572  $909,000  121  $828,333  $830,000  86  98% 
May,2014  105  $1,314,721  $1,025,000  21  $1,152,181  $1,025,000  10  $1,085,185  $897,450  41  $857,500  $742,500  154  94% 
Apr,2015  112  $1,274,654  $1,057,500  30  $1,143,923  $997,000  12  $1,137,750  $1,059,000  46  $539,667  $580,000  25  99% 
Apr,2014  98  $1,333,885  $1,019,700  31  $1,189,390  $899,000  $1,533,500  $1,647,500  40  $961,643  $675,000  84  88% 
Mar,2015  95  $1,267,952  $1,050,000  25  $1,487,520  $1,149,000  $668,014  $629,000  101  $809,000  $808,500  49  100% 
Mar,2014  84  $1,307,338  $1,080,000  15  $1,092,223  $1,095,000  10  $1,116,900  $849,000  109  $1,040,000  $1,075,000  58  95% 
Feb,2015  79  $1,196,196  $969,000  15  $1,103,331  $969,000  $817,800  $880,000  48  $562,333  $700,000  158  99% 
Feb,2014  79  $1,322,429  $1,099,000  13  $951,977  $675,000  $1,035,000  $1,138,500  62  $462,500  $462,500  187  97% 
Jan,2015  71  $1,206,624  $949,000  10  $1,267,700  $934,500  $219,000  $219,000  430  $750,000  $795,000  59  94% 
Jan,2014  74  $1,360,365  $1,112,500  12  $1,116,917  $1,094,000  $718,500  $799,500  92  $563,786  $435,000  61  92% 
 
Period 1:        122  $1,264,000            31  $903,387    78  98% 
Period 2:        109  $1,095,164            31  $913,645    82  93%