These statistics are for January 1-September 28, 2016

 

 

 

 

Currently Berkeley Heights has 64 active listings ranging from $199,000 to $1,300,000

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New Providence has 29 active listings ranging from $429,000 to $1,349,000

Summit has 83 active listings ranging from $275,000 to $7,688,000

Chatham Borough has 38 active listings ranging from $221,900 to $2,195,000

Chatham Twp. has 67 active listings ranging from $272,500 to $3,199,000

Long Hill Twp.  has 38 active listings ranging from $245,000 to $1,570,000 

 

The commonly accepted theory is that less than 6 months’ inventory indicates a sellers’ market and greater than 6 months’ inventory indicates a buyers’ market.

 

Report provided by Debbie Curley-Reid        Cell: 908-577-0695

Berkshire Hathaway Home Services New Providence Office: 908-464-5200