Archive for May 24th, 2007

April, 2007 Branchburg Closed Sales Stats

by chughes — published on May 24th, 2007

The following table contains closed residential real estate transactions in Branchburg for April, 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
608 Corliss Ct 549,900 520,000 95 79
292 Stony Brook Rd 589,900 522,500 89 219
148 Tanglewood Dr 599,900 561,500 94 181
437 Century Ln 579,900 570,000 98 4
76 Stony Brook Rd 669,000 575,000 86 182
6 Meadow View Ct 1,082,000 995,000 92 507
1115 Route 28 434,900 340,000 78 227
154 Stony Brook Rd 494,000 415,000 84 286
816 Breckenridge Dr 262,500 255,750 97 28
1430 Magnolia Ln 304,900 265,000 87 306
126 Arbor Wy 264,500 267,000 97 146
826 Magnolia Ln 305,000 275,000 90 289
41 Kingswood Rd 329,000 270,000 82 173
15 Shaffer St 329,900 278,000 84 297
2 Spokane Ln 369,900 340,000 92 42
2021 S Branch Rd 410,000 363,000 89 303
51 Harlan School Rd 389,900 389,000 100 33
8 Apache Wy 399,900 394,000 99 134
619 Magnolia Ln 314,900 259,900 83 327

 AVERAGES: 198 Days-on-Market; SALE PRICE 90% of original list price.

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categories: Real Estate, Branchburg Monthly Sales Stats