Tuesday, September 11, 2007

Berkeley Heights NJ Real Estate Report (August 2007)

There are currently 82 single family homes on market for sale in Berkeley Heights NJ. These numbers have remained fairly constant over the past month.


Although prices have trended lower or remained flat, Berkeley Heights still remains an appealing option for many buyers, which has enabled homes to sell quickly if they are priced properly. Multiple offers are still a possiblity for competetively priced homes. However, with so many new listings, I expect days on market to rise for homes that are priced too high.

There were 13 properties that closed in July in Berkeley Heights, which is the same as July and the average selling price was $711,538 and the average days on market was 70, which is up slightly from 54 last month. (according to Garden State MLS Statistics)

Prepared By: Sean Carroll - RealtorRE/MAX Classic Group

Serving Cranford, Westfield, Garwood, Berkeley Heights, and surrounding towns as your Realtor


http://www.gocarrollteam.com/