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Basking Ridge Real Estate Overview

Today, November 23, 2009

Market View for Basking Ridge

Info
Avg. Listing Price $751,441 Wk ending Nov 18
-$50,241
-6.3%
w-o-w
Median Sales Price $530,000 Aug '09 - Oct '09
-$115,000
-17.8%
y-o-y
160Homes For Sale 0Open Homes
304Recently Sold 27Foreclosures

Market Trends for Basking Ridge

Embed Info
Listing price – Basking Ridge
Average Listing Price
$751,441
-6.3%
w-o-w
Median Sales Price
$530,000
-17.8%
y-o-y
Average price/sqft
$235
-42.1%
y-o-y
Number of Sales
135
+21.6%
y-o-y
More Basking Ridge Market Trends
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Home Prices for Somerset County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Nov 18
 
w-o-w

07920
$751,441
-6.3%
08807
$506,242
+1.1%
08873
$356,075
-0.5%
08844
$585,332
+1.8%
07059
$1,062,845
+0.4%
 
Movers & Shakers
Avg. listing price
Week ending Nov 18
 
w-o-w

07977
$1,355,150
-57.9%
08869
$395,219
-11.9%
08836
$662,004
+11.7%
07921
$1,181,985
+8.4%
07920
$751,441
-6.3%
 
View Somerset County Home Prices Map
 

Basking Ridge Summary

Average price per square foot for Basking Ridge NJ was $235, a decrease of 42.1% compared to the same period last year. The median sales price for homes in Basking Ridge NJ for Aug 09 to Oct 09 was $530,000 based on 135 home sales. Compared to the same period one year ago, the median home sales price decreased 17.8%, or $115,000, and the number of home sales increased 21.6%.

There are currently 160 resale and new homes in Basking Ridge on Trulia, including 27 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Basking Ridge NJ was $751,441 for the week ending Nov 18, which represents a decrease of 6.3%, or $50,241, compared to the prior week.

 

Schools in Basking Ridge

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Bernards Township School District
Public
K - 12
6
5,660
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Mount Prospect Elementary School
Public
K - 5
Cedar Hill Elementary School
Public
K - 5
Oak Street Elementary School
Public
K - 5
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Basking Ridge Schools
 

Community Info for Basking Ridge

Info
More Basking Ridge Community Info

Homes for Sale in Basking Ridge

65 Vanderveer Drive, Basking Ridge NJ
65 Vanderv…
$1,050,000
4 br  3 ½ ba
23 Hampton Court, Basking Ridge NJ
23 Hampton…
$575,000
3 br  3 ½ ba
24 Hillside Terrace, Basking Ridge NJ
24 Hillside…
$389,000
2 br  1 ba
32 Princeton Court, Basking Ridge NJ
32 Princet…
$695,000
3 br  2 ½ ba
61 Newell Drive, Basking Ridge NJ
61 Newell…
$499,000
4 br  2 ½ ba
92 North Maple Avenue, Basking Ridge NJ
92 N Maple…
$550,000
3 br  2 ba
View all Basking Ridge Homes for Sale
 
Stats & Trends
Basking Ridge

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • 07920
  • 07939
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Nearby Cities

Cities
Median
sales price
Average
listing price
Bernardsville
$550,000
$1,837,397
Millington
$610,000
$664,616
Far Hills
$1,787,500
$2,109,075
Stirling
$325,000
$569,766
Bedminster
$320,000
$1,181,985
Peapack
$500,000
$1,355,150
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Advice

Recent Q&A in Basking Ridge, NJ

Q: Hello..I will be actively looking for a single family home in basking ridge, nj in the next few months. 9 answers
Q: The Hills home values 4 answers
Q: I have a design / cabinet showroom in the Dewey Village shopping center. If there are any agents who refer prospects to me and they sign a contract 2 answers
Q: Homes in the Hills section of Basking Ridge 6 answers
Q: How long is the commute to Penn Station (NYC) from Basking Ridge? 9 answers

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Nearby Cities Real Estate

  • Bernardsville Real Estate
  • Millington Real Estate
  • Far Hills Real Estate
  • Stirling Real Estate
  • Bedminster Real Estate
  • Peapack Real Estate

Nearby Cities Sold Homes

  • Bernardsville Sold Homes
  • Millington Sold Homes
  • Far Hills Sold Homes
  • Stirling Sold Homes
  • Bedminster Sold Homes
  • Peapack Sold Homes

Nearby Cities Home Prices

  • Bernardsville Home Prices
  • Millington Home Prices
  • Far Hills Home Prices
  • Stirling Home Prices
  • Bedminster Home Prices
  • Peapack Home Prices

Basking Ridge Stats & Trends

  • Basking Ridge Market Trends
  • Basking Ridge Schools
  • Basking Ridge Community Info
  • Basking Ridge Home Prices
  • Basking Ridge Real Estate
  • Basking Ridge Recently Sold Homes

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Basking Ridge real estate—use Trulia to find real estate in Basking Ridge as well real estate in other cities in New Jersey. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Basking Ridge real estate trends, market activity, and neighborhood information. Before buying a house in Basking Ridge, research real estate on Trulia. Understanding the Basking Ridge real estate market is your first step to buying a home in Basking Ridge, New Jersey. Our real estate guide gives your a valuable overview of the Basking Ridge real estate market—find Basking Ridge properties, sales statistics, real estate price trends, real estate market activity, comparisons of Basking Ridge schools or New Jersey schools, and general demographic information for Basking Ridge, NJ. Trulia's real estate guide combines a Basking Ridge map with a detailed list of Basking Ridge neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Basking Ridge.
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About this Info
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.
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. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
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.
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. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

  
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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