Archive for February 2nd, 2007

January, 2007 Branchburg Closed Sales Stats

The following table contains closed residential real estate transactions in Branchburg for January, 2007. However, unlike the inaccurate information promulgated by most agents and media sources, the “DOM” (Days on Market) column indicates the sum of days-on-market accrued through serial listings of the same home (it is a common agent “trick” to withdraw and re-list a home, in order to create the public impression of a “fresh” home that has seen fewer days on market). In addition, the “OLP” (Original List Price) column reflects the list price of each home at the time it was first offered for sale.

Sales statistics posted at Branchblog will always be cross-checked to provide the most accurate and unbiased housing market snapshot possible.

Please direct specific inquiries to Chip Hughes at (908) 334-2329 or chip.hughes@att.net. Better yet, leave a comment!

All information is deemed accurate, but not guaranteed, and is provided courtesy of Garden State Multiple Listing System:

Address
OLP
Sale Price
% of OLP
DOM
319 Red Crest Ln 308,000 275,000 89 146
30 Apache Wy 424,900 390,000 92 153
401 Whiton Rd 539,900 429,900 80 407
135 Pulaski Rd 519,900 435,000 84 130
13 Shoshoni Wy 509,900 489,900 96 16
39 Choctaw Ridge Rd 519,900 465,000 89 124
831 Old York Rd 599,000 525,000 88 214
9 Huron Trl 579,900 565,000 97 53
107 Elia Dr 659,900 625,000 95 85
94 Briar Wy 699,900 685,000 98 79

AVERAGES: 141 Days-on-Market; SALE PRICE 91% of original list price.