Morristown NJ Real Estate Sales April 2008

Another month has gone buy, and Morristown has seen 15 more homes transfer to their new owners.  In this report I will give the actual stats for the Morristown NJ Real Estate market, as it was for the solds, and where we stand now with the active homes for sale now.

  • $224,500 The lowest priced Morristown NJ home transferred in April.
  • $555,000 The highest priced Morristown NJ home transferred in April.
  • $394,893 The average Morristown NJ home transferred in April.
  • $375,00 The median priced Morristown NJ home transferred in April.
  • 92.2 Days to sell was the average.
  • 41 Days to sell was the median.

Currently there are 139 homes for sale in Morristown NJ 07960.

  • $215,000 is the least expensive home for sale.
  • $1,795,00 is the most expensive home for sale.
  • $482,815 is the average price of a home for sale in Morristown NJ as of today.
  • $444,900 is the median price of a home for sale in Morristown NJ as of today.
  • 72 days for sale is the average for the active home listings.
  • 62 days for sale is the median for the active home listings.

There are lots of motivated home sellers.  Thinking of buying a home, now is the time to act.  Interest rates are down, home prices in Morristown seem to be moving sideways for now but likely will begin to move higher sometime soon.  To see all the homes currently listed for sale in the MLS stop by Morristown NJ Real Estate for the most user friendly home search tools available.

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