Morris 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  Morris Twp.  154  138  23.0 6.7

Morris 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  200  $790,628  $687,000  53  $722,155  $696,000  32  $611,628  $589,900  79  30  $675,217  $602,050  48  98% 
May,2015  207  $773,199  $650,000  53  $712,072  $625,000  41  $611,905  $625,000  46  27  $627,853  $590,000  58  96% 
Apr,2015  206  $772,234  $649,900  78  $706,504  $613,950  36  $654,280  $619,000  56  29  $605,312  $539,000  70  97% 
Mar,2015  158  $795,838  $649,900  55  $681,580  $619,000  17  $810,241  $599,000  54  23  $714,065  $652,000  64  97% 
Feb,2015  137  $804,115  $659,000  30  $649,692  $575,000  31  $658,039  $649,000  77  14  $648,293  $555,050  104  96% 
Jan,2015  142  $810,772  $654,500  35  $750,729  $625,000  23  $667,996  $626,000  70  15  $588,530  $585,000  76  97% 
 
Period 1:        304  $705,179            138  $645,581    66  97% 

Morris 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  200  $790,628  $687,000  53  $722,155  $696,000  32  $611,628  $589,900  79  30  $675,217  $602,050  48  98% 
Jun,2014  198  $710,564  $615,000  48  $627,840  $592,000  38  $665,037  $574,450  61  41  $545,463  $505,000  39  98% 
May,2015  207  $773,199  $650,000  53  $712,072  $625,000  41  $611,905  $625,000  46  27  $627,853  $590,000  58  96% 
May,2014  184  $718,743  $624,950  80  $638,721  $599,900  23  $586,848  $600,000  22  26  $565,296  $505,450  58  97% 
Apr,2015  206  $772,234  $649,900  78  $706,504  $613,950  36  $654,280  $619,000  56  29  $605,312  $539,000  70  97% 
Apr,2014  171  $750,836  $625,000  70  $744,176  $625,000  54  $646,650  $582,500  45  25  $603,994  $650,000  75  97% 
Mar,2015  158  $795,838  $649,900  55  $681,580  $619,000  17  $810,241  $599,000  54  23  $714,065  $652,000  64  97% 
Mar,2014  145  $711,286  $615,000  48  $613,373  $557,500  34  $566,056  $553,500  58  17  $525,088  $459,000  45  96% 
Feb,2015  137  $804,115  $659,000  30  $649,692  $575,000  31  $658,039  $649,000  77  14  $648,293  $555,050  104  96% 
Feb,2014  124  $733,472  $637,500  38  $715,876  $595,000  22  $616,959  $539,950  61  15  $479,087  $480,000  62  97% 
Jan,2015  142  $810,772  $654,500  35  $750,729  $625,000  23  $667,996  $626,000  70  15  $588,530  $585,000  76  97% 
Jan,2014  113  $686,222  $600,000  27  $608,496  $610,000  16  $433,250  $447,000  65  18  $474,575  $409,500  61  97% 
 
Period 1:        304  $705,179            138  $645,581    66  97% 
Period 2:        311  $663,669            142  $540,963    55  97%