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Market Activity Madison, NJ
* Ratio: SP/LP represents the sale price as a percentage of list price.
Date |
# of
Properties
Sold |
Average
List Price |
Average
Sale Price |
Ratio:
SP/LP* |
Days
on the
Market |
Detailed
Home Sales
Report |
| July 2010 |
23 |
$ 768,970
|
$ 737,700
|
95.93 %
|
61.9 |
|
June 2010 |
21 |
$ 846,386
|
$ 819,439
|
96.82 %
|
29.33 |
|
May 2010 |
10 |
$ 726,245
|
$ 692,000
|
95.28 %
|
87.91 |
|
April 2010 |
15 |
$ 781,705
|
$ 737,933
|
94.40 %
|
70.47 |
|
March 2010 |
15 |
$ 747,213
|
$ 712,893
|
95.41 %
|
92.27 |
|
February 2010 |
6 |
$ 697,150
|
$ 671,682
|
96.35 %
|
48 |
|
January 2010 |
9 |
$ 609,590
|
$ 561,950
|
92.18 %
|
72.7 |
|
December 2009 |
16 |
$ 621,164
|
$ 589,306
|
94.87 %
|
82.5 |
|
November 2009 |
15 |
$ 623,153
|
$ 594,364
|
95.38 %
|
49.67 |
|
October 2009 |
11 |
$ 600,991
|
$ 585,936
|
97.49 %
|
100.82 |
|
September 2009 |
14 |
$ 649,279
|
$ 625,993
|
96.41 %
|
62.79 |
|
August 2009 |
14 |
$ 802,600
|
$ 739,250
|
92.11 %
|
124.29 |
|
July 2009 |
23 |
$ 764,774
|
$ 735,464
|
96.17 %
|
55.72 |
|
June 2009 |
17 |
$ 875,491
|
$ 833,706
|
95.23 %
|
65.06 |
|
May 2009 |
5 |
$ 616,255
|
$ 605,400
|
98.24 %
|
71.6 |
|
April 2009 |
9 |
$ 732,200
|
$ 687,222
|
93.86 %
|
64.56 |
|
March 2009 |
9 |
$ 582,556
|
$ 559,967
|
96.12 %
|
87 |
|
February 2009 |
4 |
$ 821,975
|
$ 742,125
|
90.29 %
|
113 |
|
January 2009 |
8 |
$ 572,413
|
$ 542,875
|
94.84 %
|
66.75 |
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| You will need Adobe Acrobat to properly view the Detailed Home Sales Reports. |
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2008 Market Activity - Madison NJ |
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Average List Price |
$1,116,467 |
$564,967 |
$671,978 |
$728,740 |
$711,390 |
$940,796 |
Average Sale Price |
$1,040,817 |
$537,500 |
$635,239 |
$700,167 |
$685,950 |
$904,229 |
Ratio: SP/LP* |
93.22% |
95.14% |
94.53% |
96.08% |
96.42% |
96.11% |
Days on Market |
71.83 |
74.33 |
60.11 |
50.27 |
71.6 |
50.33 |
# of Propeties Sold |
6 |
3 |
9 |
15 |
10 |
24 |
|
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|
Average List Price |
$855,700 |
$737,095 |
$704,527 |
$717,633 |
$721,725 |
$581,818 |
Average Sale Price |
$812,958 |
$706,824 |
$683,364 |
$683,500 |
$685,000 |
$556,454 |
Ratio: SP/LP* |
95.01% |
95.89% |
97.00% |
95.94% |
94.91% |
95.64% |
Days on Market |
59.08 |
57.05 |
37.73 |
62.67 |
112.5 |
53.55 |
# of Propeties Sold |
12 |
18 |
11 |
6 |
4 |
11 |
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* Ratio: SP/LP represents the sale price as a percentage of list price. |
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2007 Market Activity - Madison NJ |
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Average List Price |
$1,315,656 |
$914,922 |
$610,500 |
$636,206
|
$867,487
|
$832,430 |
Average Sale Price |
$1,221,111 |
$872,000 |
$596,188 |
$624,912
|
$856,444
|
$807,850 |
Ratio: SP/LP* |
92.81% |
95.31% |
97.66% |
98.22%
|
98.73%
|
97.05% |
Days on Market |
69.33 |
63.67 |
61.25 |
53.76
|
76.44
|
50.9 |
# of Propeties Sold |
9 |
9 |
8 |
17 |
16 |
20 |
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Jul-07 |
Aug-07 |
Sep-07 |
Oct-07 |
Nov-07 |
Dec-07 |
Average List Price |
$898,635 |
$839,493 |
$787,494 |
$735,433 |
$866,200 |
$681,764 |
Average Sale Price |
$877,845 |
$816,571 |
$782,244 |
$701,114 |
$840,185 |
$666,643 |
Ratio: SP/LP* |
97.69% |
97.27% |
99.33% |
95.33% |
97.00% |
97.78% |
Days on Market |
55.25 |
42.71 |
68.06 |
72.78 |
106.77 |
31.64 |
# of Propeties Sold |
20 |
14 |
16 |
9 |
13 |
14 |
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* Ratio: SP/LP represents the sale price as a percentage of list price. |
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2006 Market Activity - Madison NJ |
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Average List Price |
$796,540 |
$872,100 |
$661,873 |
$814,550 |
$841,194 |
$824,967 |
Average Sale Price |
$776,350 |
$858,850 |
$661,653 |
$785,314 |
$820,556 |
$816,667 |
Ratio: SP/LP* |
97.47% |
98.48% |
99.97% |
96.41% |
97.55% |
98.99% |
Days on Market |
64.5 |
78.7 |
36.4 |
101.71 |
58.94 |
52.06 |
# of Propeties Sold |
10 |
10 |
15 |
14 |
18 |
18 |
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Jul-06 |
Aug-06 |
Sep-06 |
Oct-06 |
Nov-06 |
Dec-06 |
Average List Price |
$983,635 |
$845,839 |
$837,400 |
$618,300 |
$812,177 |
$822,147 |
Average Sale Price |
$955,600 |
$832,750 |
$803,029 |
$604,833 |
$785,885 |
$790,941 |
Ratio: SP/LP* |
97.15% |
98.45% |
95.90% |
97.82% |
96.76% |
96.20% |
Days on Market |
51 |
47.11 |
62.43 |
54.83 |
45.38 |
69.47 |
# of Propeties Sold |
20 |
18 |
14 |
6 |
13 |
17 |
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* Ratio: SP/LP represents the sale price as a percentage of list price. |
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This Page Last Updated:
September 2, 2010
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