Morristown NJ Real Estate Sales For May 2014

IMG_9412For the month of May 2014 there were 12 homes sold in Morristown NJ. Currently there are 60 homes that are available for sale and there are 39 houses that are currently under contract.

The current absorption rate was around 4.00 months for May. 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 May 2014:

Street Number Street Name Sales Price List Price Style Of Home Beds Bath Days On Market Closing Date
3 Dorado Drive F 333380 318000 TwnEndUn,MultiFlr 2 2.1 14 5/30/2014
18 Kenmuir Avenue 440000 485000 Colonial, 4 2.1 68 5/28/2014
15 Taft Lane 435000 435000 TwnIntUn,MultiFlr 2 2.1 16 5/28/2014
31 Budd Street 249300 299900 Colonial, 3 1 108 5/27/2014
34 Windmill Drive 450000 465000 TwnIntUn,MultiFlr 3 2.1 43 5/27/2014
202 Speedwell Avenue 370000 367500 Colonial,Detached 4 2.1 46 5/23/2014
77 Morris Avenue 472500 499850 Colonial, 3 1.1 114 5/14/2014
21 Green Hill Road 286000 274900 Contemp, 3 2 123 5/12/2014
24 Clinton Plane 98000 120000 Colonial, 2 1 247 5/9/2014
320 South St 16B 295000 299000 TwnIntUn,MultiFlr 2 2.1 77 5/7/2014
44 Chestnut St Apt 1 417000 415000 TwnEndUn,MultiFlr 3 2.1 15 5/5/2014
40 Park Avenue 1555000 1699900 OneFloor, 2 3 73 5/1/2014

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