Market Conditions in 07874>Question Details

lanie, Other/Just Looking in

Have home prices dropped significantly in Byram Township, NJ and, if so, by what percent?

Asked by lanie, Sat Aug 4, 2007

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If you want a complete recap month by month of active, new, under contract and sold listings, it is available via email. I cannot import that into the text fromat here and hand typing it would be subject to error and time consuming. If you have an interest in receivng it, please email me and I will send it to you.
Deborah@PeninsulaFirst.com
0 votes Thank Flag Link Mon Aug 6, 2007
Deborah Madey, Real Estate Pro in Red Bank, NJ
MVP'08
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I think home prices in Byram are still very good. Here is a recap of the past 7 months

Active Listings - Average - 418,744
New Listings - Average - 424,681
Under Contract- Average - 363,654
Sold Listings- Average - 351,953
SP/LP
1 vote Thank Flag Link Fri Aug 31, 2007
Inventory has steadily risen in Byram since the beginning of the year.

# of Active Listings

Jan - #97
May - #114
June - #122
July - #123

Sold Property Data

January 2007: 4 Sales with a median sales price of $320,000
May 2007: 13 Sales with a median sales price of $312,000
June 2007: 8 Sales with a median sales price of $310,000
July 2007: 6 Sales with a median sales price of $323,000

Please note that fewer sales in July can skew the median price as a result of 1 higher priced home sale.

Info deemed reliable, not guaranteed. Info from Garden State MLS, LLC.
0 votes Thank Flag Link Mon Aug 6, 2007
Deborah Madey, Real Estate Pro in Red Bank, NJ
MVP'08
Contact
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