Basking Ridge NJ Real Estate Market Update MAY 2014
By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
Basking Ridge NJ Real Estate - Market Update MAY 2014 by Bob Zorechak - GRI, ABR, e-PRO The numbers for Basking Ridge through the month of MAY 2014 are down a bit from last year: The rolling 12 month sales volume has decreased slightly, down by 7 units (2%) - Last year: May 2012 thru May 2013 (427 homes sold) as compared to the current period: May 2013 thru May 2014 with (420 homes sold). The May year-to-date numbers are down by 17% or twenty-four (24) units when you compare last year's year-to-date total (143 homes sold) to the current period with (119 homes sold). The monthly volume for the number of sales occurring last May (47 homes sold) as compared to this May (31 homes sold) is down by 34% or sixteen (16) units. The volume of Pending Sales (Under Contract) as of the last da...
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