Mendham Township 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 Twp.  55  101  8.42 6.53

Mendham Township Real Estate Market Analysis: January - December 2017

BY TOWN: Mendham Twp. (2320)
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  68  $1,192,475  $994,000  $1,749,000  $1,749,000  $1,078,613  $972,000  122  $1,101,667  $726,000  137  95%  93% 
Nov,2017  85  $1,164,714  $989,000  $1,038,129  $999,000  $1,035,125  $696,250  110  $1,014,875  $1,010,000  58  97%  96% 
Oct,2017  94  $1,163,145  $982,000  15  $905,927  $748,000  $796,725  $724,450  89  $1,010,433  $759,000  85  94%  87% 
Sep,2017  94  $1,182,487  $1,012,495  17  $1,355,488  $979,000  $1,112,080  $829,000  115  $779,443  $753,500  57  96%  94% 
Aug,2017  96  $1,127,177  $994,450  12  $1,080,317  $917,500  10  $912,080  $770,500  81  11  $924,682  $885,000  76  97%  93% 
Jul,2017  103  $1,122,786  $999,990  20  $1,024,165  $1,000,000  $857,422  $825,000  54  17  $939,588  $845,000  78  95%  94% 
Jun,2017  106  $1,137,969  $954,500  19  $1,007,300  $848,000  13  $1,056,385  $895,000  81  18  $1,036,944  $997,000  93  98%  94% 
May,2017  107  $1,151,591  $999,000  20  $1,115,085  $947,450  14  $1,066,314  $922,500  73  10  $895,800  $900,000  78  97%  96% 
Apr,2017  106  $1,183,984  $999,450  29  $1,044,990  $899,900  15  $950,980  $939,900  86  $742,500  $760,000  52  97%  96% 
Mar,2017  97  $1,184,716  $998,000  22  $975,795  $859,950  14  $823,929  $764,000  79  $692,700  $702,500  61  95%  93% 
Feb,2017  87  $1,259,424  $1,035,000  19  $1,000,353  $989,900  $816,580  $895,000  43  $1,920,000  $2,000,000  214  85%  80% 
Jan,2017  76  $1,306,870  $1,074,500  15  $799,760  $759,000  $1,287,975  $1,036,000  136  $1,226,843  $1,095,000  113  97%  94% 
 
Period 1:        196  $1,037,301    105  $971,907    85  101  $977,869    85  96%  93% 
 

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

BY TOWN: Mendham Twp. (2320)
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  68  $1,192,475  $994,000  $1,749,000  $1,749,000  $1,078,613  $972,000  122  $1,101,667  $726,000  137  95%  93% 
Dec,2016  81  $1,357,432  $1,195,000  10  $795,380  $698,450  $1,671,960  $1,295,000  164  $755,000  $755,000  53  97%  97% 
Nov,2017  85  $1,164,714  $989,000  $1,038,129  $999,000  $1,035,125  $696,250  110  $1,014,875  $1,010,000  58  97%  96% 
Nov,2016  75  $1,407,108  $1,195,000  $1,669,500  $1,669,500  $699,900  $699,900  18  $750,400  $840,000  166  92%  85% 
Oct,2017  94  $1,163,145  $982,000  15  $905,927  $748,000  $796,725  $724,450  89  $1,010,433  $759,000  85  94%  87% 
Oct,2016  88  $1,386,733  $1,123,000  13  $1,463,145  $1,195,000  $906,650  $942,500  122  13  $964,169  $999,000  95  96%  93% 
Sep,2017  94  $1,182,487  $1,012,495  17  $1,355,488  $979,000  $1,112,080  $829,000  115  $779,443  $753,500  57  96%  94% 
Sep,2016  88  $1,363,266  $1,050,000  12  $1,090,308  $1,006,500  $972,817  $955,000  153  $715,000  $687,500  49  97%  96% 
Aug,2017  96  $1,127,177  $994,450  12  $1,080,317  $917,500  10  $912,080  $770,500  81  11  $924,682  $885,000  76  97%  93% 
Aug,2016  95  $1,324,014  $1,035,000  $1,371,317  $849,000  10  $782,180  $729,950  72  14  $840,368  $834,950  120  97%  93% 
Jul,2017  103  $1,122,786  $999,990  20  $1,024,165  $1,000,000  $857,422  $825,000  54  17  $939,588  $845,000  78  95%  94% 
Jul,2016  105  $1,263,538  $1,029,000  13  $985,607  $1,025,000  10  $917,939  $849,450  115  10  $875,155  $807,500  69  93%  89% 
Jun,2017  106  $1,137,969  $954,500  19  $1,007,300  $848,000  13  $1,056,385  $895,000  81  18  $1,036,944  $997,000  93  98%  94% 
Jun,2016  111  $1,320,330  $1,035,000  23  $1,328,304  $879,000  $1,037,000  $862,000  135  $912,000  $806,000  55  96%  94% 
May,2017  107  $1,151,591  $999,000  20  $1,115,085  $947,450  14  $1,066,314  $922,500  73  10  $895,800  $900,000  78  97%  96% 
May,2016  103  $1,254,060  $1,049,000  23  $988,257  $990,000  $945,300  $799,000  38  $689,820  $575,000  121  97%  89% 
Apr,2017  106  $1,183,984  $999,450  29  $1,044,990  $899,900  15  $950,980  $939,900  86  $742,500  $760,000  52  97%  96% 
Apr,2016  92  $1,314,967  $1,123,500  14  $1,080,700  $949,950  $894,967  $862,500  78  $1,026,400  $985,000  209  95%  93% 
Mar,2017  97  $1,184,716  $998,000  22  $975,795  $859,950  14  $823,929  $764,000  79  $692,700  $702,500  61  95%  93% 
Mar,2016  97  $1,315,886  $1,099,000  29  $1,113,072  $879,000  $759,611  $749,500  101  $756,375  $690,000  162  94%  89% 
Feb,2017  87  $1,259,424  $1,035,000  19  $1,000,353  $989,900  $816,580  $895,000  43  $1,920,000  $2,000,000  214  85%  80% 
Feb,2016  81  $1,355,502  $1,099,999  21  $1,365,066  $1,099,000  $1,030,833  $1,094,000  189  $774,833  $677,500  77  94%  92% 
Jan,2017  76  $1,306,870  $1,074,500  15  $799,760  $759,000  $1,287,975  $1,036,000  136  $1,226,843  $1,095,000  113  97%  94% 
Jan,2016  68  $1,371,615  $1,148,000  $1,319,650  $1,099,000  $765,375  $623,250  115  $1,176,000  $1,368,000  141  89%  83% 
 
Period 1:        196  $1,037,301    105  $971,907     85 101  $977,869    85  96%  93% 
Period 2:        172  $1,172,746    79  $947,273    109  78  $859,656    108  95%  91%