Peapack Gladstone NJ Real Estate – Closed Sales for APRIL 2012

Peapack Gladstone NJ Real Estate – Closed Sales for APRIL 2012


Attn: Buyers and Sellers – Read below to find out the very latest information on your local Peapack Gladstone NJ Real Estate market!


Closed Sales in Peapack Gladstone NJ remained the same for the month of April as compared to this same period last year (at 2 units) which is encouraging news, however sales were up by 2 units as compared to last month.  We’ll have to see the results from May and June in order to get a better indication of where the market is headed.

Buyers are taking advantage of record low prices, plenty of inventory and low interest rates to strike while the iron is hot. Sellers are also benefiting with the return of multiple offers, however not necessarily at or over List Price. In these situations, multiple offers are most often being used to select the best qualified buyers.

In addition, there is a certain amount of “pent-up demand” on both the buying and selling side of this market as many buyers and sellers have been sitting on the fence for several years now and see that the pendulum is beginning to swing in the other direction and as a result, they are taking action.

Look below to see the individual homes that sold in Peapack Gladstone NJ for the month of APRIL in 2012.  Also shown below is a year to year comparison bar graph for homes SOLD in the month of APRIL over the past 5 years.

Peapack Gladstone NJ Real Estate - Closed Sales for April Bar Graph

A Year to Year Comparison of Homes SOLD in Peapack Gladstone NJ in April 2008 through 2012

(Double click on spreadsheet for an enlarged view)

Peapack Gladstone NJ Real Estate - Detailed List of Closed Sales for APRIL 2012
Detailed List of All Homes SOLD in Peapack Gladstone NJ for APRIL 2012


For similar information on the prior period, please go to:

Peapack Gladstone NJ Real Estate – Closed Sales for First Quarter 2012


There are many factors that make up the differences in local real estate markets, even from town to town and especially in a small state such as New Jersey. This is why it is important for both buyers and sellers to obtain the latest “local” market data before they make any real estate decisions.

How to find Listings on your own:

For listings or information on Peapack Gladstone NJ or any of the surrounding towns in Somerset County including Basking Ridge, Bernardsville, Bedminster and Far Hills, the Morris County towns of Morristown, Morris Township, Madison, the Chathams, the Mendhams,the Chesters and Long Valley along with the Hunterdon County towns of Lebanon and Tewksbury Townships simply use the search tool located on the right side of this page.

All listings are updated throughout the day so be sure to come back often for the most current information.  If you are unable to find what you are looking for using the search function on this website, or you are looking for a home that is unique with specific features, feel free to contact me direct and let me know exactly what they are.  My colleagues and I preview all kinds of properties each week and will be sure to identify just what you are looking for.  In addition, my office often features “exclusive” listings that are not released to the public that might be of interest to you as well.  I will be glad to answer all of your questions and arrange to show you the homes of your choice at a time convenient to your schedule.

There are no comments yet. Be the first and leave a response!

Leave a Reply

Wanting to leave an <em>phasis on your comment?

Trackback URL