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Recently I read a book by Laurie Moore-Moore, founder of the Institute for Luxury Home Marketing. A very smart lady and a very insightful book! In it, she suggested looking at sales during a certain period (in this case I'm going to choose 2008) to see how many "real buyers" were in the market and which price ranges performed better or worse than others. So, here is this report for homes and condos sold in Chatham Township, New Jersey in 2008. This information is garnered from the Garden State Multiple Listing Service and is deemed to be accurate but not guaranteed.
Let me know what you think. Let me know if you have other information that you think would be helpful to see in these reports. I look at this data right side up, upside down and sideways over and over again. Sometimes the obvious is not easy to see. I welcome your questions and feedback so I can also learn from this process.

For more information about recent sales and real estate Chatham Township or Chatham Borough or homes for sale in Summit, New Jersey, please contact me via cell or text at 201-960-2090, or email Trish@BestNJhomes.com. My website provides links and descriptions and photos of Summit, Short Hills, Chatham, Madison and other communties in New Jersey. Please visit.
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At the beginning of every year I go into our Garden State MLS system to run some analysis of what has actually and really happened in our markets in the past year. I always find it illuminating to see the final figures, since I also hear the news and certainly know that the real estate market is not what is once was. However, there is one truth to real estate that continues to hold true. Actually, three ... location, location, location. Sutton Woods in Chatham Township, NJ is a beautiful condo community that is ideally located at the edge of Chatham Twp, NJ and very close to downtown Summit, NJ. A vital town center with interesting and yummy eateries, a first class hospital center, and a Midtown Direct NJ Transit train to New York City, among many other fantastic features. Visit www.SuttonWoodsChatham for more information about Sutton Woods. So, at Sutton Woods we have actually seen days on market decline and both average and median prices increase! Go figure! :) This is a community I have sold many homes in and know quite intimately.

If you are considering buying or selling in Sutton Woods, call me to get you top dollar. If you are interested in real estate and homes in Summit, Short Hills, Chatham, Madison and the surrounding areas, we can help you maximize your situation.
Come back to this blog for updates on more communities in Chatham, Madison, Morristown, Short Hils, Millburn and Summit. 201-960-2090. Trish@BestNJhomes.com
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Why do people love living in Chatham, New Jersey?
Here are my Top Five Reasons:
To see the full list please visit NJ Real Estate Wire
Looking for a Home in Chatham? See all Chatham NJ Homes currently for sale
Contact Perri @ 973.650.4727 for a personal tour of homes for sale in Chatham, New Jersey
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According to an article in the Daily Record Newspaper today, there was a fire on Monday 3/31 which destroyed 10 Chatham Township NJ condominiums in the Briarwood Complex located on Sentinel Court. There are several town home complexes along this strip in Chatham Township. They don't as of yet know what caused the fire, and there were no injuries reported. The Red Cross was there to help out any Chatham residents in need, but everyone seemed to be ok.
Susan Zanzonico - Weichert, Realtors - Chatham NJ Real Estate
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Most people don't realize that Chatham, New Jersey is made up of Chatham Township and Chatham Borough.
Chatham Borough is closer to downtown Chatham shopping and the Midtown Direct Train to NYC. Chatham Township is further from downtown with larger homes and corresponding prices.
The beauty of Chatham is that there is one Regional school system that consistently ranks highly, the downtown is lovely and its residents take pride in their green, forested land at the edge of the Great Swamp.
And, Chatham was named One of the Top Ten Places to Live in the United States by "Money Magazine" in 2005.
Personally, it is one of my favorite places to bike ride. I am always discovering new areas and routes.
Despite the gloom and doom of the national housing market, Chatham Borough and Chatham Township maintained their home values over the past two years...consistent with the other communities along the Midtown Direct train line.
Please visit New Jersey Real Estate Wire for a full analysis of Chatham NJ 2007 Home Sales vs. 2006.
If you want to find real estate for sale in Chatham, New Jersey please contact Perri at 973.650.4727 or visit Midtown Direct Homes.
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