The Chatham NJ Real Estate Update Through June 1 2008

Wow, the first 5 months of 2008 have gone by so fast.  I thought I would take some time to put together some numbers that may surprise many of you who are interested in the Chatham NJ real estate market and how Chatham NJ home sales are doing this year.

So far in 2008 Chatham NJ has seen 89 homes sell and close as compaired to 133 homes sold to this date in 2007.  The average price of a home to sell in Chatham NJ in 2008 has been $876,097 as compaired to $901,084 in 2007.  The average number of days to sell in 2008 here in Chatham NJ has been 63.3 as compaired to 69.8 in 2007.

All in all this is a challenging time for Chatham NJ home sellers, and a wonderful time for the few Chatham NJ home buyers who are out there enjoying all the positively great homes for sale, and even making offers on homes which present great value and usually are in move in, updated condition.

If you are thinking of buying Chatham NJ real estate you are looking at a tremendous opportunity to find the home of your dreams are a discount.  Visit Chatham NJ Real Estate to see all the great Chatham NJ homes currently listed for sale in our local MLS system.