Real Estate Snapshot - Mahwah, NJ Summer '08

There are approximately 100 homes currently available for sale in Mahwah today. And, according to the NJMLS 21 came under contract and 35 SOLD in the last three months. The price average price range for the homes in town was $ 1,071,606. And, the final listing prices fell to about 7.68 percent of the asking price for this time period so there has been some price adjustments here.

Status

Average

Minimum

Maximum

Avg DOM

Active

$1,164,138

$365,000

$3,397,000

120

Under Contract

$755,368

$32,900

$1,980,000

116

Sold

$1,071,606

$49,500

$8,875,000

107

Total Listings

150

Sold properties closed averaging (92.32%) of their final list price (FLP). This reflects a (7.68%) difference between property sale prices and their *FLP's.

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Let me help you. Know the sales value of your new home and your new neighborhood * based on actual market comps. Allow me to present a Comparative Market Analysis to you that is customized to your home, finances and your specific needs. This will give you detailed information about pricing and selling your home in the current market or BUYING your home in your new neighborhood.

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Copyright - Pamela Stetson 2008, http://www.pamelastetson.com/

Abbott & Caserta Realtors, 10 Sycamore Avenue, HOHOKUS, NJ 07423 201.447.6600 x 007

All information is deemed reliable but not guaranteed.