Mendham Borough NJ Real Estate – Closed Sales for APRIL 2012

Mendham Borough NJ Real Estate – Closed Sales for APRIL 2012

 

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

 

Closed Sales in Mendham Borough NJ are down by 1 unit or  (33%) for the month of April (2 homes sold) as compared to this same period last year (3 homes sold). We’ll have to see the results from May and June in order to get a better indication of where the local market is headed. One thing is for sure – it is a great time to buy with prices and interest rates both at record lows!

Despite this decline, 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 Mendham Borough 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.

Mendham Borough NJ Real Estate - Closed Sales for April Bar Graph
A Year to Year Comparison of Homes SOLD in Mendham Borough NJ in APRIL 2008 through 2012

(Double click on spreadsheet for an enlarged view)

Mendham Borough NJ Real Estate - Detailed List of Closed Sales - April 2012
Detailed List of All Homes SOLD in Mendham Borough NJ for APRIL 2012

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

Mendham Borough NJ Real Estate – Closed Sales 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 Mendham NJ or any of the surrounding towns in  Morris County including Morristown, Morris Township, Madison, the Chathams, the Chesters, and Long Valley, the Somerset County towns of Basking RidgeBedminster, Bernardsville, Peapack Gladstone and Far Hills, 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.

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