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Week ending Dec 16
Week ending Dec 16
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Short Hills, 07078 Real Estate Overview
Today, December 27, 2009
Market View for 07078
Avg. Listing Price
$2,240,257
Wk ending Dec 16
-$53,786
-2.3%
w-o-w
-2.3%
w-o-w
Median Sales Price
$1,345,000
Sep '09 - Nov '09
+$205,000
+18.0%
y-o-y
+18.0%
y-o-y
Short Hills, 07078 Summary
The median sales price for homes in ZIP code 07078 in Short Hills from Sep 09 to Nov 09 was $1,345,000 based on 30 sales. Compared to the same period one year ago, the median sales price increased 18%, or $205,000, and the number of sales decreased 30.2%. Average price per square foot for homes in 07078 was $532, an increase of 19.3% compared to the same period last year.
There are currently 79 resale and new homes in ZIP code 07078 on Trulia, including 10 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 07078 was $2,240,257 for the week ending Dec 16, which represents a decrease of 2.3%, or $53,786, compared to the prior week.
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07078, Short Hills
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