Jan 2016 Report Glen Ridge .pdf
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Original filename: Jan 2016 Report - Glen Ridge.pdf
Title: Glen Ridge Boro Twp
Author: 10K Research and Marketing
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Local Market Update for January 2016
Provided by New Jersey REALTORS®
Glen Ridge Boro Twp
Essex County
Single Family
January
Key Metrics
New Listings
Closed Sales
Days on Market Until Sale
Median Sales Price*
Percent of List Price Received*
Inventory of Homes for Sale
Months Supply of Inventory
Year to Date
2015
2016
8
3
- 62.5%
8
3
- 62.5%
4
6
+ 50.0%
4
6
+ 50.0%
Percent Change
Thru 1-2015
29
23
- 20.7%
29
23
- 20.7%
$528,500
- 24.5%
$700,000
$528,500
- 24.5%
105.2%
102.4%
- 2.7%
105.2%
102.4%
- 2.7%
13
14
+ 7.7%
--
--
--
1.2
1.5
+ 25.0%
--
--
--
January
New Listings
Closed Sales
Days on Market Until Sale
Median Sales Price*
Percent of List Price Received*
Inventory of Homes for Sale
Months Supply of Inventory
2015
2016
3
1
1
4
Year to Date
Thru 1-2015
Thru 1-2016
- 66.7%
3
1
- 66.7%
+ 300.0%
1
4
+ 300.0%
Percent Change
27
64
+ 137.0%
27
64
+ 137.0%
$396,250
+ 212.0%
$127,000
$396,250
+ 212.0%
106.7%
99.6%
- 6.7%
106.7%
99.6%
- 6.7%
6
2
- 66.7%
--
--
--
2.5
0.6
- 76.0%
--
--
--
January
New Listings
Closed Sales
Days on Market Until Sale
Median Sales Price*
Percent of List Price Received*
Inventory of Homes for Sale
Months Supply of Inventory
Percent Change
$127,000
Adult Community
Key Metrics
Percent Change
$700,000
Townhouse-Condo
Key Metrics
Thru 1-2016
Year to Date
2015
2016
Percent Change
Thru 1-2015
Thru 1-2016
Percent Change
0
0
--
0
0
--
0
0
--
0
0
--
0
0
--
0
0
--
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
0
0
--
--
--
--
0.0
0.0
--
--
--
--
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Historical Median Sales Price by Property Type
Single Family
Townhouse-Condo
By Month
Adult Community
$1,400,000
$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
$0
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of February 08, 2016. All data from the multiple listing services in the state of New Jersey. Powered by ShowingTime 10K®.
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