There are currently 158 homes for sale in Livingston, NJ and the average price of all of those homes is $870,195.
However, it is the lower price homes that are moving...and moving fast. With the bustling Towne Center, excellent highly rated schools and Express Buses into NYC, Livingston is a community in demand.
Forty homes have gone Under Contract in the past month.
The average list price of these homes is $611,694.
Ten Homes are in Attorney Review
with an average list price of $506,399.
Visit NJ Real Estate Wire to learn more about Livingston, NJ Real Estate or contact Perri K. Feldman via email Perri@MidtownDirectHomes.com.
Twenty-Three homes went Under Contract
in South Orange, New Jersey this past month.
There are currently 134 homes for sale
at an average list price of $621,361.
So what priced homes are selling in South Orange, New Jersey?
3 Under $300,000
8 $301,000-$400,000
2 $401,000-$500,000
2 $501,000-$600,000
5 $601,000-$700,000
2 $701,000-$999,999
1 $1,000,000+
The average list price of those homes was $506,300 and they were only on the market for 69 days on average.
For the full story on the current South Orange Real Estate Trends visit NJ Real Estate Wire or give Perri K. Feldman a call @ 973.650.4727 or drop a line via email
Houses in Millburn/Short Hills New Jersey are Selling.
In fact, over the past month, 35 homes have gone under contract at all different price points
5 Under $500,000
6 $501,000 to $750,000
4 $751,000 to $999,999
11 $1,000,000 to $1,499,999
5 $1,500,000-$1,999,999
4 $2,000,000+
Short Hills Median List Prices are falling whereas Millburn Median List Prices are holding pretty steady.
For the full story visit NJRealEstateWire. To learn more about real estate in Millburn and Short Hills New Jersey contact Perri@MidtownDirectHomes.com.
Just how is the housing market in the communities along and adjacent to the Midtown Direct Train Line?
Overall, New Jersey home sale prices have declined by an average of 15 to 20 percent in every county in the past three and a half years based on contract sales data.
However, towns along and adjacent to the Midtown Direct Train-line have actually seen average sale prices increase* in the same time period given their excellent school systems and accessibility to New York City, Hoboken and Jersey City.
While prices are in fact down from the peak, if you are a seller who purchased a home 5+ years ago, don't dismay...you should see a positive number on your sale.
The average days on market has increased in keeping with the current economic climate.
04/08 04/08
Avg Sales DOM
Price % +/- % +/-
ESSEX COUNTY
Glen Ridge: +10% +18%
Livingston + 9% + 7%
Maplewood +13% +48%
Millburn +10% - 3%
Montclair +23% +38%
South Orange + 9% +16%
West Orange + 9% + 4%
MORRIS COUNTY
Chatham Boro + 3% +16%
Chatham Twp +50% +19%
Madison + 7% +39%
UNION COUNTY
Springfield + 4% +23%
Summit + 5% +51%
Westfield +18% +38%
*Based on GSMLS sales data
For the full story visit NJ Real Estate Wire and read Sunday's New York Times Article A Market Going Downhill Fast,
Want to learn more about current homes of value on the market today?
http://www.240ClarkenDrive.com/
http://www.30LocustAve.com/
http://www.345OldShortHillsRd.com/

Montclair New Jersey is having its first ever Restaurant Week February 2-8, 2009.
There are forty-two restaurants participating and all will be serving special, three course, pre fix dinners during this event.
The details vary per each restaurant, so do call ahead.
Participating Montclair Restaurants
My favorite restaurants are on the list:
Allan
Corso 98
Fascino
Mexicali Rose
Osteria Giotto
If you've never been to Montclair, New Jersey...now is the time to visit. The downtown area and schools are terrific. Homes have kept their value and there is easy weekday access to Manhattan via the Midtown Direct Train.
Want to learn more about Montclair, NJ Real Estate?
Call Perri K. Feldman @ 973.650.4727
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