Morristown NJ Real Estate Sales For August 2014

IMG_9412For the month of August 2014 there were 12 homes sold in Morristown NJ. Currently there are 55 homes that are available for sale and there are 32 houses that are currently under contract.

The current absorption rate was around 3.06 months for August. A balance market is considered between 5-7 months, so right now Morristown is strongly a seller’s market as homes are selling rapidly in Morristown and there are few houses available for sale.

Below are the Morristown NJ real estate sales for August 2014:

Street Number Street Name Sales Price List Price Style Of Home Beds Bath Days On Market Closing Date
61 Western Avenue 219000 224900 OneFloor, 1 1 19 8/29/2014
9 Edgewood Road 200000 290000 SplitLev, 4 2 62 8/28/2014
20 Condict Place 460000 469000 Colonial, 4 2.1 17 8/28/2014
5 Overlook Road 1100000 1175000 Colonial, 6 4.1 62 8/21/2014
60-F Ridgedale Avenue 315000 319000 OneFloor,TwnIntUn,FirstFlr 2 1 46 8/15/2014
40 W Park Place Unit 407 540000 549000 OneFloor,HighRise 1 1.1 106 8/14/2014
11 Lakeside Place 215000 229900 Colonial, 3 2 36 8/14/2014
6 Guy Court 427000 425000 TwnIntUn,MultiFlr 2 2.1 18 8/14/2014
50 Chestnut Street 606250 625000 TwnEndUn,MultiFlr 5 3 145 8/11/2014
7 Prospect Street 302 328000 335000 OneFloor,HighRise 1 1 65 8/8/2014
7 Wisteria Terrace 405000 429000 Colonial, 3 2.1 39 8/8/2014
40 W Park Place Unit 515 535000 536900 OneFloor, 1 1.1 36 8/6/2014

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