| Location | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 07940 | $572,000 | +5.9% | $637,500 | $540,000 | $536,000 | Madison | $572,000 | +5.9% | $637,500 | $540,000 | $536,000 |
The median sales price for homes in ZIP code 07940 for Sep 09 to Nov 09 was $572,000. This represents a decline of 10.3%, or $65,500, compared to the prior quarter and an increase of 5.9% compared to the prior year. Sales prices have appreciated 6.7% over the last 5 years in 07940, Madison.
Average listing price for homes on Trulia in ZIP code 07940 was $1,037,317 for the week ending Dec 30, which represents a decline of 0.1%, or $1,004 compared to the prior week and an increase of 0.6%, or $6,448, compared to the week ending Dec 09. Average price per square foot for homes in 07940 was $441 in the most recent quarter.
| Location | Week ending Dec 30 | w-o-w | Week ending Dec 23 | Week ending Dec 16 | Week ending Dec 9 |
|---|---|---|---|---|---|
| 07940 | $1,037,317 | -0.1% | $1,038,321 | $1,038,813 | $1,030,869 | Madison | $1,037,317 | -0.1% | $1,038,321 | $1,038,813 | $1,030,869 |
| Location | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 07940 | $441 | +19.8% | $346 | $368 | $324 | Madison | $441 | +19.8% | $346 | $368 | $324 |
| Zips | Week ending Dec 30 |
w-o-w | Week ending Dec 23 |
Week ending Dec 16 |
|---|---|---|---|---|
| 07940 | 1 | — | 1 | 1 |
Market Trends
Fair Housing and Equal Opportunity
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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