Home Buying in 07928>Question Details

Lauren Wight…, Other/Just Looking in 07928

how do I find out recent sale prices for homes in my area?

Asked by Lauren Wightman, 07928 Tue Nov 13, 2007

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23
Lauren,
You're better off finding a friend who is a realtor, but not out to anchor themselves into your life and bottom feed off of the market (i.e., that "friend" will simply bottom feed off of others if they want to keep YOUR friendship). Avoid realtors as often as possible.
3 votes Thank Flag Link Tue Nov 13, 2007
Lauren,
Agents are your fastest, easiest, most reliable source. If you simply tell one of us that you just want information and are not interested in selling at this time, you will not be "anchored" down by us.

As a matter of fact, if you are more specific with your geographical area, you may be pleasantly surprised at the number of agents who will answer your question online here, just because we can and we like to help.
Web Reference: http://www.dianeglander.com
2 votes Thank Flag Link Tue Nov 13, 2007
Lauren,
The simplest way to do this would be to connect with a Realtor that is willing to give you this information. Giving you information does not committ you to work with an agent. Let them know you are just trying to get some feelers out there. Another way would be to go to the court house in the county they were sold in. All information is public and you are allowed to look it up! Good Luck.
1 vote Thank Flag Link Tue Nov 13, 2007
I am available to complete a market analysis in your area with no obligation. Please contact me to set up a time to discuss.
Web Reference: http://garryvallo.com
0 votes Thank Flag Link Wed Oct 9, 2013
Ok, I know now. I have to cry.
Flag Wed Oct 9, 2013
Hard to believe. Lauren is 6 years older then when she posed this question, yet the answers just keep on coming. Don't know whether to laugh or cry...
0 votes Thank Flag Link Wed Oct 9, 2013
Like many have suggested, just reach out to a local realtor and tell them what sort of information you are looking for. It doesn't take us very long to put together that info and email it over - no need for follow up if you don't request it. Public sites don't have the best, or most timely info for sold homes. Plus, if you have questions about a particular house and why it went for what it did, a local realtor can provide that info. I'd also suggest going to open houses in your area just to see what is out there at what price, then when you eventually see the sold price you'll have a better idea of the market.
0 votes Thank Flag Link Sat Feb 9, 2013
Hi Lauren,
The best way to get any information including recent sales in your area is to reach out to a Realtor based in your area. Go to the source! Not only can we give you the numbers we can provide good information based on actually seeing the homes. I attend local Broker Open Houses every week keeping up on the homes that are for sale in my neighborhood. Good luck!
0 votes Thank Flag Link Thu Feb 7, 2013
The best way to find past sales information is to work with a local realtor and ask them to send you updated monthly reports in your local area. There are public sites like Zillow and Trulia and others which have this data but they do not interpret the information for you. Like all statistics , if you are good with numbers you can lead a person many different directions. Your best bet is to find a trusted NJ realtor ,who covers your area, sit down with them and go through all the stats for your town.

Also real estate like the stock market can change on the head of a dime, so last years numbers only mean so much, for example the real estate market for 2013 will be significantly different than 2012 based on economic indicators which have not hit the sales data yet.


Also most realtors offer free monthly reports through their website.
0 votes Thank Flag Link Sun Feb 3, 2013
Hi Lauren
The best way is to subscribe to MARKET SNAPSHOT . This is a service provided by Realtor thru Realtor.com
This is a 3month tracking of all sales and listings by neighborhood in NJ. It is truly the most data that I have seen in all offerings in my 8 years in Real Estate,

Happy House Hunting!
0 votes Thank Flag Link Wed Oct 27, 2010
HI Lauren,
Go to http://www.anneshearman.com and click on the button for MARKET SNAPSHOT. Put in the information requested on the linking page and you will receive up to date data. Of course that is no replacement for a Buyers Agent in the area that you are looking. She/he will have the most recent information on home sales and pricing. If looking in Chatham and surrounding area, give me a call and I will be happy to update you.
Web Reference: http://www.anneshearman.com
0 votes Thank Flag Link Sat Mar 14, 2009
Lauren,

If you are working with a real estate professional they will be able to provide you with this information. Another not so reliable considerationis to check the following website: http://www.zillow.com.

We regard Zillow's recent sale price information as quite reliable, however, their Zestimates should be viewed with caution.

Good luck
0 votes Thank Flag Link Sat Feb 7, 2009
Hi Lauren.
I am in Morris Co and have the best tool for market research
Cope & Paste the link below into your browser

http://www.homeinsight.com/Widget/default.asp?6RJOVHY5FFZD

You will fill out your information and town / price/ size you are looking for and it will instantly give you the stats

If you need street specific you will need a realtor to assist

A last but more timely avenue are the public records in your town as well as county records
Email me and I will give you the database link for your town. But these are somewhat delayed by 3 months.



Anne Shearman
Coldwell Banker
973-723-3666 Mobile
973-285-4672 Direct Line

email Anne @homesforsalenj@gmail.com
Web Reference: http://www.anneshearman.com
0 votes Thank Flag Link Sat Feb 7, 2009
Randy,

The home has been on the market for a couple of months.

-Marc
Web Reference: http://www.marcpaolella.com
0 votes Thank Flag Link Tue Jul 29, 2008
Hello Ms. Wightman,

You have gotten very good advise for finding the recent sales prices of homes in your area. Hopefully, you have found it helpful. I do see that you originally asked this in November, 2007. My questions to you is why were you looking? Were you, and are you still, trying to see what is happening to the marketplace in general? It has most certainly been in flux. Were you trying to see what the trend line was for the area? Again, the marketplace has not been as stable as it has been in the past and has been affected by some downward pressures. Or, maybe you just wanted to find out what your home was, or is, currently worth? A home is only worth what a buyer is willing to pay, but location and condition are playing a much greater role these days. Specific listing sale prices may not really tell you what you want(ed) to know. So, by answering these questions you may be able to find out what you were, or are, looking for. I would certainly be happy to answer any or all of these questions or any concerns you may have regarding the current marketplace.
Web Reference: http://www.randyhurley.com
0 votes Thank Flag Link Tue Jul 29, 2008
Hi Lauren,
Pricing tools on Trulia.com are awesome. Go to Chatham (07928) and select the house of interest to you and the site provides historical and current data for you to peruse. In addition, call a local realtor and she/he can provide specific data in the area and for the type of housing that you are seeking. If you are interested please visit my website for current sales pricing of homes in Chatham and surrounding area.
Web Reference: http://www.anneshearman.com
0 votes Thank Flag Link Fri Jul 25, 2008
Hi Lauren, what a great way to initiate a dialogue with an agent. Asking this question is a great way to assess an agent's familiarity with your area, the use of available tools, and analytic abilities. The information you are seeking is available to the agent on the MLS. Incorporating market data into a pricing analysis will help you evaluate opportunities and make sound offers.

Another great tool is understanding your local market is the Market Absorption Rate which measures the length of time it is taking homes to sell. You can find this explained anc calculated at my website http://www.feenick.com - just click on Local Market Commentary. Check back often for updates.

Ask the question of the agent you are working with them, and give them the chance to earn your trust and business.

Best,
Jeannie Feenick
Weichert Realtors
Search and connect at http://www.feenick.com
Web Reference: http://www.feenick.com
0 votes Thank Flag Link Sun Jul 6, 2008
There are really two major ways:

Classic Way: Contact real estate agent and ask for Free CMA (Comparative Market Analysis) report for your area of interest.

Modern Way: Visit local Internet oriented Real Estate Agent web site, feel up Market Snapshot forms, and receive up-to-date information and detailed market pricing analysis within few minutes (see link below). And, if you still have questions or would like to obtain more detailed information contact the same agent.

Miranda Tsotsoria
NJ Real Estate Agent
0 votes Thank Flag Link Sat Jul 5, 2008
some agents' sites are more for self-marketing than anything else; the trulia site presents the info better.
that said a trustworthy agent (and there are some genuinely helpful ones, on this site ,no less) could provide supplemental information. Nothing can take the place of doing your own research and combining all sources available to you, for agents also may not know everything (how many know what the case shiller index is?) nor be able to spend that much time on any one person-good luck, W.
0 votes Thank Flag Link Mon Jun 30, 2008
Check out my site, the data is pulled straight from the Garden State MLS - http://www.housebeautifulnj.com/chatham-nj-real-estate.php .... If you have any other questions, feel free to contact me. Best, Susan
0 votes Thank Flag Link Thu Jun 19, 2008
Hi Lauren,

Trulia also has this information. You can access the link below to see homes that have sold in 07928 within the last 9 months.

Best Wishes,

Emily Gibson
Customer Service Representative
0 votes Thank Flag Link Thu Nov 15, 2007
Hi Lauren,

I'm going to follow up with this right here. Here are some interesting sales for you to consider:
4 Kincaid La sold on June 7, 2007 for $1,750,000 off a list price of $1,949,000. It was on the market for 193 days.

235 Longwood Av sold for $2,125,000 on 12/29/2006. I appraised this one for the sale. Here are some more. All are newer homes built since 2000 in the 4,000-6,500 square foot range in Chatham Twp. and closed in the past year:



Address Price Closed Date Days-on-mkt
20 Pine St $1,900,000 4/5/2007 164
4 Overlook Rd $1,910,000 4/4/2007 21
239 Longwood Av $2,205,000 7/31/2007 96
1 Warwick Rd $2,295,000 2/9/2007 321
5 Sycamore Dr $2,195,000 2/16/2007 127
15 Crestwood Dr $2,275,000 10/5/2007 139
206 Lafayette Av $1,625,000 5/7/2007 10
46 Rose Terrace $1,825,000 8/9/2007 212
1 Karlin Dr $1,950,000 11/14/2006 26
310 Fairmount Av $1,935,000 6/5/2007 50
231 Longwood Av $1,630,000 2/20/2007 183
686 River Rd $1,587,500 9/10/2007 107

If you would like detailed listings of any or all of these properties sent to you, just contact me and I'll send them and you can check out interior photos, room dimensions, descriptions, lot sizes, etc.

-Marc
Web Reference: http://www.marcpaolella.com
0 votes Thank Flag Link Tue Nov 13, 2007
What Diane said is correct. Also, when you have an agent provide you with closed sales, you get way more information than you will with any public records. You will also get complete copies of the listing, including interior photos, so you will know the condition and amenities offered by the property, not just the price and sold date. And all for free.
0 votes Thank Flag Link Tue Nov 13, 2007
This is a service we as realtors perform on a regular basis for people just like yourself. There is no cost or obligation. The information is public information you could obtain yourself. We offer a simpler means of obtaining it. As the previous answer stated you can go to town hall and check with the tax office to get the sales information also.
0 votes Thank Flag Link Tue Nov 13, 2007
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