Maplewood NJ Homes Sales, September 2014

Address LP Style BR TBT SP DOM
289-A ELMWOOD AVE* $72,000 First Floor Unit, One Floor Unit 1 1.0 $72,200 100
70 Hillcrest Rd* $224,900 Colonial 3 1.1 $201,000 88
467 Valley Street $269,000 Hi-Rise, Multi Floor Unit 2 2.0 $261,000 17
23 Brookwood Dr* $329,000 Colonial 3 1.1 $317,000 101
141 Franklin Ave* $349,900 Colonial 3 2.1 $341,000 25
52 Courter Ave* $350,000 Colonial 3 1.1 $382,500 29
35-37 HILLCREST RD* $374,900 Colonial 3 2.1 $371,000 28
58 Broadview Ave* $395,000 Colonial 3 1.0 $385,000 27
14 Highland Pl, C000F* $397,000 Multi Floor Unit, Townhouse-End Unit 2 1.1 $380,000 43
30 Elberta Rd* $460,000 Colonial, Detached 3 1.1 $445,000 114
11 Rutgers St* $489,000 Colonial 4 1.1 $465,000 15
71 S Pierson Rd* $489,000 Colonial 3 2.0 $489,000 16
26 Manley Ter* $499,200 Colonial 4 2.0 $485,000 71
5 Rutgers St* $539,000 Colonial 3 2.1 $540,000 9
7 Warren Rd* $569,000 Colonial 4 2.1 $560,000 0
79 Woodland Rd* $575,000 Colonial 4 1.1 $530,000 70
40-42 CRESTWOOD DR* $929,000 Tudor 5 3.2 $929,000 79

This data is taken from the Garden State MLS and is reliable but not guaranteed.

Average Days on Market:  55   Average List to Sales Price Ratio:  97%

Average List Price:  $456,989     Average Sales Price: $430,086  

Month

# Active Listings

Avg. LP # Sold Listings Avg. SP Avg.
DOM
SP/LP
Sep,2014 115 $456,989 14 $430,086 55 97%
Aug,2014 107 $429,144 43 $577,144 38 102%
Jul,2014 118 $464,388 37 $546,754 31 102%
Jun,2014 118 $472,068 49 $535,574 41 103%
May,2014 138 $472,640 27 $555,852 24 102%
Apr,2014 127 $460,741 19 $493,592 81 99%
Mar,2014 120 $428,856 10 $464,050 33 99%
Feb,2014 93 $433,512 4 $334,500 44 103%
Jan,2014 81 $382,290 20 $437,617 68 99%
Dec,2013 83 $385,726 26 $457,181 60 100%
Nov,2013 99 $380,919 16 $466,250 56 97%
Oct,2013 104 $404,170 18 $484,972 53 98%

Maplewood NJ Home Sales, July 2014

Address LP Style BR TBT SP DOM
37-B NEWARK WAY* $99,000 1/2 Duplex, Multi Floor Unit 2 1.0 $101,000 34
110 Franklin Ave* $165,000 Colonial 3 1.0 $160,000 229
465-73 VALLEY ST* $220,000 Hi-Rise, One Floor Unit 2 1.0 $205,000 34
13 Brown St* $275,000 Colonial 3 2.1 $277,000 12
8 Fernwood Rd* $339,900 Colonial 3 2.1 $339,900 12
65 Fernwood Road $349,000 Colonial 3 1.1 $349,000 24
242 Hilton Ave* $349,000 Cape Cod 3 2.1 $335,000 79
44 Garfield Place $373,000 Colonial, Tudor 3 2.1 $403,500 15
658 RIDGEWOOD RD $380,000 Multi Floor Unit, Townhouse-Interior 3 3.1 $420,000 17
162 Parker Ave* $399,000 Colonial 3 1.1 $390,000 69
533 Valley St* $439,000 Victorian 3 1.1 $450,000 19
31 Overlook Ter* $445,000 Colonial 3 1.1 $468,900 17
143 Tuscan Rd* $459,000 Colonial 3 2.1 $479,000 10
136 Union Ave* $489,000 Colonial 4 2.1 $482,500 10
117 Midland Blvd* $499,000 Colonial 4 1.1 $545,000 34
49 Kensington Ter* $529,000 Colonial 4 1.1 $570,000 18
18 Yale St* $540,000 Colonial 3 1.1 $561,000 10
20 EVERGREEN PL $549,000 Tudor 4 2.1 $535,000 57
483 Richmond Ave* $585,000 Colonial 4 2.1 $624,000 10
41 Oakland Rd* $589,000 Colonial 5 2.0 $570,000 65
41 KENDAL AVE $589,000 Colonial 4 1.1 $625,000 10
150 Oakland Rd* $589,000 Colonial 3 2.1 $605,000 20
19 E Cedar Ln $599,000 Colonial 3 1.1 $615,000 28
1 Rutgers St* $599,000 Colonial 5 2.1 $590,000 7
3 Cottage Ct* $609,000 Colonial 3 2.1 $620,000 45
110 SHERMAN PL* $619,000 Victorian 4 2.2 $658,500 13
29 Burr Rd* $625,000 Colonial 5 3.1 $612,500 39
12 Brookside Rd* $635,000 Colonial 3 1.1 $618,000 38
52 Kendal Avenue $669,000 Colonial 4 2.2 $699,600 13
3 Park Rd* $669,000 Colonial 5 3.0 $741,000 9
37 Burnett Terr $675,000 Colonial 4 2.1 $702,000 10
220 Wyoming Ave* $699,000 Colonial 4 3.1 $682,500 14
84 Maplewood Ave* $729,000 Colonial 5 3.1 $729,000 36
682 Prospect St* $750,000 Victorian 5 2.2 $817,000 13
50 Curtis Pl* $825,000 Colonial 5 3.1 $805,000 31
94 Durand Rd* $850,000 Colonial 5 3.1 $845,000 40
6 South Cres* $1,050,000 Colonial 5 5.1 $999,000 21

This data is taken from the Garden State MLS and is reliable but not guaranteed.

Average Days on Market:   31     Average List To Sales Price Ratio: 102%

Average List Price:   $467,469     Average Sales Price:  $546,754

 Month

# Active Listings

Avg. LP # Sold Listings Avg. SP Avg.
DOM
SP/LP
Jul,2014 117 $467,469 37 $546,754 31 102%
Jun,2014 118 $472,110 49 $535,574 41 103%
May,2014 138 $472,640 27 $555,852 24 102%
Apr,2014 127 $460,741 19 $493,592 81 99%
Mar,2014 120 $428,856 10 $464,050 33 99%
Feb,2014 93 $433,512 4 $334,500 44 103%
Jan,2014 81 $382,167 20 $437,617 68 99%
Dec,2013 83 $385,726 26 $457,181 60 100%
Nov,2013 99 $380,919 16 $466,250 56 97%
Oct,2013 104 $404,170 18 $484,972 53 98%
Sep,2013 119 $418,870 33 $537,388 43 98%
Aug,2013 122 $432,602 50 $571,391 35 101%

Maplewood NJ Home Sales, June 2014

Address LP Style BR TBT SP DOM
7 Laurel Ave* $115,000 Colonial, Fixer Upper 3 1.2 $115,000 27
273 Parker Ave* $150,000 Victorian 6 2.0 $195,000 8
192 BURNETT AVE C0018* $155,000 One Floor Unit, Townhouse-End Unit 2 2.0 $155,000 649
10 William St* $210,000 Colonial 3 1.1 $180,000 129
129 RUTGERS STREET $260,000 Cape Cod 3 2.0 $255,000 18
11 Lombardy Pl* $279,000 Cape Cod, Colonial 4 2.0 $301,000 13
58 Hilton Ave* $289,000 Colonial 4 1.1 $316,000 20
35 SCHAEFER RD* $295,000 Colonial 3 1.1 $290,000 188
501 Boyden Ave* $309,998 Colonial, 1/2 Duplex, Townhouse-End Unit 3 2.1 $309,998 18
616 W South Orange Ave 3H $310,000 Hi-Rise, Multi Floor Unit 2 2.0 $310,000 13
200-202 Lexington Ave* $325,000 Cape Cod 4 2.0 $320,000 36
158 LEXINGTON AVE $329,900 Colonial 3 1.1 $332,000 16
22 Coolidge Rd* $379,000 Colonial 4 2.1 $367,000 38
12 Coolidge Rd* $385,000 Colonial 4 3.0 $379,000 35
16 Manley Ter* $400,000 Colonial, Tudor 4 1.1 $390,000 37
71 Broadview Ave* $410,000 Colonial 3 1.1 $410,000 20
174 Garfield Place $410,000 Colonial 3 2.1 $404,000 15
135 Oakland Rd* $459,000 Colonial 3 1.1 $455,000 72
133 Midland Blvd* $475,000 Contemporary 3 2.0 $501,000 15
17 Rynda Rd* $479,000 Colonial 3 1.1 $479,000 15
14 Park Ave* $499,000 Colonial 3 2.1 $496,630 8
34 Kensington Ter* $515,000 Colonial 4 1.1 $576,500 14
29 Rynda Rd* $519,900 Tudor 4 2.1 $536,000 11
40 Suffolk Ave* $529,000 Colonial 4 1.1 $529,000 14
109 Parker Ave* $539,000 Colonial 3 2.1 $529,000 14
616 SO ORANGE AVE, SH4 $550,000 Hi-Rise, One Floor Unit 2 2.1 $550,000 125
268 Dunnell Rd* $569,000 Colonial 4 2.1 $560,000 66
12 BURNET ST* $575,000 Colonial 4 1.1 $575,000 11
467 Baldwin Rd* $579,000 Colonial 4 2.2 $585,000 32
456-458 Elmwood Ave $579,000 Colonial 4 2.1 $605,000 18
14 S Pierson Rd* $579,900 Colonial 4 2.1 $585,000 71
8 Evergreen Pl* $589,000 Colonial 4 2.1 $641,000 14
12 Girard Pl* $610,000 Colonial 5 3.1 $671,000 12
6 Hoffman St* $615,000 Colonial 4 2.1 $662,000 13
12 Winthrop Pl* $615,000 Colonial 5 2.0 $661,000 15
6 Evergreen Pl* $625,000 Colonial 4 2.1 $652,000 14
2 St Lawrence Ave* $635,000 Colonial 4 2.1 $625,000 71
14 Madison Ave* $679,000 Colonial 5 2.2 $679,000 6
413 Walton Rd* $695,000 Colonial 4 2.1 $756,000 8
57 Salter Pl* $699,000 Colonial 4 3.0 $750,000 11
58 Collinwood Rd* $715,000 Colonial 4 2.0 $726,000 10
8 Brookside Rd* $725,000 Colonial 4 2.2 $771,000 12
69 Burnet Street $729,000 Colonial 4 2.1 $772,000 11
16 Lenox Place $735,000 Colonial 5 2.1 $851,000 10
116 Maplewood Ave* $819,000 Colonial 4 3.1 $835,000 9
55 Collinwood Rd* $839,000 Colonial 5 3.1 $865,000 3
10 Claremont Dr* $850,000 Colonial 6 4.0 $900,000 13
31 North Crescent $875,000 Colonial 4 4.0 $885,000 9
7 Sagamore Rd* $999,500 Colonial, Victorian 4 3.1 $950,000 1

This data is taken from the Garden State MLS and is reliable but not guaranteed.

Average Days on Market:   46  Average List to Sales Price Ratio:  102%

Average List Price:   $476,515     Average Sales Price: $528,537

 Month

# Active Listings

Avg. LP # Sold Listings Avg. SP Avg.
DOM
SP/LP
Jun,2014 111 $476,515 40 $528,537 46 102%
May,2014 137 $474,770 27 $555,852 24 102%
Apr,2014 126 $461,176 19 $493,592 81 99%
Mar,2014 118 $431,159 10 $464,050 33 99%
Feb,2014 91 $436,260 4 $334,500 44 103%
Jan,2014 79 $384,032 20 $437,617 68 99%
Dec,2013 81 $387,633 26 $457,181 60 100%
Nov,2013 98 $383,867 16 $466,250 56 97%
Oct,2013 103 $406,968 18 $484,972 53 98%
Sep,2013 118 $421,436 33 $537,388 43 98%
Aug,2013 121 $435,219 50 $571,391 35 101%
Jul,2013 135 $458,536 36 $490,384 47 101%

Maplewood NJ Home Sales, April 2014

Address LP Style BR TBT SP DOM
53-A MEADOWBROOK PL* $59,900 First Floor Unit 1 1.0 $60,000 106
88 Hillcrest Rd* $184,500 Colonial 3 1.0 $175,000 226
59 Fernwood Rd* $249,999 Colonial 2 1.1 $245,000 63
616 S ORANGE AVE, 2J $310,000 Hi-Rise, One Floor Unit 2 2.0 $292,500 91
11 Vermont St* $319,000 Colonial 4 2.1 $319,000 72
658 Ridgewood Road $349,000 Multi Floor Unit, Townhouse-Interior 3 2.1 $330,000 68
6 Lincoln Pl* $379,000 Colonial 4 1.1 $365,000 143
275 Wyoming Ave* $399,000 Split Level 3 3.0 $438,000 11
8 Marie Pl* $448,500 Contemporary, Multi Floor Unit 4 2.2 $431,000 230
10 Marie Pl* $448,500 Contemporary, Multi Floor Unit 4 2.2 $428,000 158
30 Kensington Ter* $525,000 Colonial 3 1.1 $550,350 16
9-11 Osborne Ter* $584,900 Colonial 5 3.1 $584,900 17
31 Collinwood Rd* $589,000 Colonial 4 1.2 $626,000 10
8 Carleton Ct* $649,000 Colonial 3 2.1 $624,500 26
44-46 Oakland Rd* $675,000 Colonial, Custom Home 4 3.1 $665,000 26
77 Claremont Ave* $790,000 Colonial 5 2.1 $728,000 163
20 Washington Park* $839,000 Colonial 4 3.2 $845,000 16
32 Roosevelt Rd* $1,299,000 Tudor 5 3.2 $1,220,000 87

This data is taken from the Garden State MLS and is reliable but not guaranteed. 

Average Days on Market:   85   Average List to Sales Price Ratio:  98%

Average List Price:  $478,967    Average Sales Price:  $495,958

Month

# Active Listings

Avg. LP Avg.
DOM
# Sold Listings
Avg. SP Avg.
DOM
SP/LP
Apr,2014 117 $478,967 33 18 $495,958 85 98%
Mar,2014 111 $439,836 55 10 $464,050 33 99%
Feb,2014 87 $440,089 64 4 $334,500 44 103%
Jan,2014 77 $386,136 66 20 $437,617 68 99%
Dec,2013 79 $391,751 49 26 $457,181 60 100%
Nov,2013 96 $387,178 81 16 $466,250 56 97%
Oct,2013 101 $410,572 49 18 $484,972 53 98%
Sep,2013 116 $424,824 66 33 $537,388 43 98%
Aug,2013 119 $438,753 38 50 $571,391 35 101%
Jul,2013 133 $462,049 44 36 $490,384 47 101%
Jun,2013 145 $441,254 44 39 $528,575 43 101%
May,2013 151 $442,813 45 27 $391,215 68 99%

Maplewood NJ Home Sales, March 2014

Address LP Style BR TBT SP DOM
192 Burnett Ave* $165,000 One Floor Unit, Townhouse-End Unit 2 2.0 $140,000 33
44 Princeton St* $199,900 Colonial 3 1.0 $190,000 131
39 Boyden Ave* $369,000 Colonial 3 1.2 $225,000 0
33 Plymouth Ave* $499,000 Colonial 4 1.1 $565,000 13
447-449 Baldwin Rd* $529,000 Colonial 4 2.2 $565,000 9
18 Oberlin St* $549,000 Colonial 4 2.2 $576,000 11
23 New England Rd* $559,000 Colonial 3 2.1 $559,000 16
2 Oakland Ter* $574,000 Colonial 3 2.1 $623,000 15
51 Jefferson Ave* $595,000 Colonial 4 2.1 $542,500 95
17 Norfolk Ave* $625,000 Colonial 5 3.1 $655,000 9

This data is taken from the Garden State MLS and is reliable but not guaranteed.

Average Days on Market:   35     Average List to Sales Price Ratio: 98%

Average List Price:  $443,771      Average Sales Price:  $452,833

 Month

# Active Listings

Avg. LP # Sold Listings Avg. SP Avg.
DOM
SP/LP
Mar,2014 109 $443,771 9 $452,833 35 98%
Feb,2014 86 $438,555 4 $334,500 44 103%
Jan,2014 76 $383,887 20 $437,617 68 99%
Dec,2013 78 $389,632 26 $457,181 60 100%
Nov,2013 96 $387,500 16 $466,250 56 97%
Oct,2013 101 $410,333 18 $484,972 53 98%
Sep,2013 116 $424,616 33 $537,388 43 98%
Aug,2013 119 $438,542 50 $571,391 35 101%
Jul,2013 133 $462,049 36 $490,384 47 101%
Jun,2013 145 $441,254 39 $528,575 43 101%
May,2013 151 $442,813 27 $391,215 68 99%
Apr,2013 147 $437,986 23 $485,587 65 99%

Maplewood NJ Home Sales, February 2014

Address LP Style BR TBT SP DOM
163 Franklin Ter* $130,000 Colonial 3 1.00 $120,000 58
467 VALLEY ST* $249,000 Hi-Rise, Multi Floor Unit 2 2.00 $238,000 45
134 Midland Blvd* $350,000 Ranch 3 2.00 $350,000 62
115 Oakview Ave* $572,000 Bungalow 4 2.10 $630,000 9

This data is taken from the Garden State MLS and is reliable but not guaranteed.

Average Days on Market:  44      Average List to Sales Price Ratio: 103%

Average List Price:  $439,507   Average Sales Price:  $334,500

Month

# Active Listings

Avg. LP # Sold Listings Avg. SP Avg.
DOM
SP/LP
Feb,2014 86 $439,507 4 $334,500 44 103%
Jan,2014 76 $384,214 20 $437,617 68 99%
Dec,2013 78 $389,951 26 $457,181 60 100%
Nov,2013 96 $387,759 16 $466,250 56 97%
Oct,2013 101 $410,580 18 $484,972 53 98%
Sep,2013 116 $424,831 33 $537,388 43 98%
Aug,2013 119 $438,542 50 $571,391 35 101%
Jul,2013 133 $462,049 36 $490,384 47 101%
Jun,2013 145 $441,254 39 $528,575 43 101%
May,2013 151 $442,813 27 $391,215 68 99%
Apr,2013 147 $437,986 23 $485,587 65 99%
Mar,2013 130 $428,367 17 $449,876 79 98%

Maplewood NJ Home Sales, December 2013

Address LP Style BR TBT SP DOM
65 Meadowbrook Pl* $89,000 Multi Floor Unit, Townhouse-Interior 1 1.00 $81,000 31
277 B ELMWOOD AVE* $144,000 Multi Floor Unit, Townhouse-Interior 2 1.00 $134,000 17
209 Jacoby St* $170,000 Colonial 2 1.10 $154,500 292
242 Hilton Ave* $199,000 Cape Cod 3 2.10 $176,000 156
807 Prospect St* $199,900 Colonial 3 1.00 $190,000 36
126 Rutgers St* $265,000 Colonial 4 1.10 $250,000 294
14 Amherst Ct* $299,900 Colonial 4 1.00 $305,000 44
31 Overlook Ter* $315,000 Colonial 3 1.00 $310,000 19
37 Brookwood Dr* $349,000 Colonial 3 1.10 $340,000 13
89 Claremont Ave* $390,000 Split Level 4 2.00 $417,404 135
1 Sommer Ave* $420,000 Colonial 3 1.00 $440,000 7
57 Broadview Ave* $425,000 Colonial 4 1.10 $427,000 18
25 Colgate Rd* $445,000 Colonial 3 2.10 $460,000 10
88 Harvard Ave* $450,000 Colonial 3 2.20 $450,000 98
67 Midland Blvd* $469,900 Colonial 3 1.10 $469,900 16
30 New England Rd* $549,000 Colonial, Tudor 3 2.10 $525,000 13
23 Virginia Rd* $550,000 Colonial 3 2.00 $500,000 56
151 Cedar Ln  $639,000 Custom Home 4 4.00 $639,000 14
63 Kendal Ave* $639,999 Colonial 4 2.10 $625,000 94
134 MAPLEWOOD AVENUE $675,000 Colonial 5 2.00 $676,000 8
20 Sommer Ave* $695,000 Colonial 5 2.10 $680,000 39
104 Oakview Ave* $699,000 Colonial 5 3.20 $711,000 51
20 Crestwood Dr* $720,000 Tudor 4 3.10 $713,000 29
18 Claremont Dr* $799,000 Colonial 6 3.20 $838,000 26
416 Walton Rd* $979,000 Colonial 5 3.20 $1,025,000 30

This Data is taken from the Garden State MLS and is reliable but not guaranteed.

Average Days on Market:  62     Average List to Sales Price Ratio:  100%

Average List Price:  $404,582    Average Sales Price:  $461,072

Month 

# Active Listings 

Avg. LP # Sold Listings Avg. SP Avg.
DOM
SP/LP
Dec,2013 72 $404,582 25 $461,072 62 100%
Nov,2013 92 $394,882 16 $466,250 56 97%
Oct,2013 100 $413,420 18 $484,972 53 98%
Sep,2013 115 $427,207 33 $537,388 43 98%
Aug,2013 118 $440,695 50 $571,356 35 101%
Jul,2013 132 $463,996 36 $490,384 47 101%
Jun,2013 144 $442,894 39 $528,575 43 101%
May,2013 150 $444,398 27 $391,215 68 99%
Apr,2013 146 $439,581 23 $485,587 65 99%
Mar,2013 129 $430,099 17 $449,876 79 98%
Feb,2013 122 $406,177 17 $471,548 65 97%
Jan,2013 123 $390,894 21 $382,143 77 98%

 

 

Maplewood NJ Home Sales, November 2013

Address LP Style RM BR TBT SP DOM
533 Valley St* $199,000 Colonial 7 3 1 $161,000 0
136 Union Ave* $215,000 Colonial 6 3 2.1 $215,000 314
35-37 Hillcrest Rd* $215,000 Colonial 7 3 1 $185,000 43
84 Boyden Ave* $379,500 Colonial 9 3 2.1 $360,000 205
50 Burroughs Way* $399,900 Tudor 9 4 2.1 $431,000 12
10 Yale St* $400,000 Colonial 6 3 1 $400,000 0
92 Plymouth Ave* $449,000 Colonial 10 5 2 $420,000 55
52 Maple Ave* $510,000 Victorian 9 4 2.1 $480,000 36
26 Maplewood Ave* $519,000 Colonial 8 3 1.2 $510,000 16
616 SO ORANGE AVE, 7D $525,000 Hi-Rise, One Floor Unit 4 2 2 $500,000 1
428 Ridgewood Rd* $539,000 Colonial 9 4 2.1 $555,000 23
27 Burr Rd* $539,000 Colonial 9 4 2.1 $540,000 8
16 Park Rd* $549,000 Colonial 9 4 1.2 $552,000 23
6 Cottage Ct* $649,000 Colonial 8 3 3.1 $636,000 18
116-118 Wyoming Ave* $650,000 Colonial 13 5 3.1 $600,000 120
460 Walton Rd* $925,000 Colonial 13 7 3.1 $915,000 26

This data is taken from the Garden State MLS and is reliable but not guaranteed. 

Average Days on Market:    56     Average List to Sales Price Ratio:  97%

Average List Price:   $381,081            Average Sales Price:  $466,250

 Month

# Active Listings

Avg. LP Avg. SP Avg.
DOM
SP/LP
Nov,2013 85 $381,081 $466,250 56 97%
Oct,2013 97 $395,408 $484,972 53 98%
Sep,2013 113 $411,348 $537,388 43 98%
Aug,2013 116 $425,297 $571,356 35 101%
Jul,2013 130 $450,615 $490,384 47 101%
Jun,2013 143 $432,006 $528,575 43 101%
May,2013 149 $433,958 $391,215 68 99%
Apr,2013 145 $428,821 $485,587 65 99%
Mar,2013 129 $430,099 $449,876 79 98%
Feb,2013 122 $406,177 $471,548 65 97%
Jan,2013 123 $390,894 $382,143 77 98%

Prices Up for Maplewood/South Orange NJ Homes

Prices are up for Maplewood/South Orange NJ Homes!  We saw a significant rise in home prices this past Spring.  Much of that rise was due to low mortgage interest rates and competition.   With less homes on the market and more buyers vying for them, many homes had multiple bids, therefore driving prices up.   The List to Sales Price Ratio for Maplewood was 98% in March of this year compared to 101% this August, 2013! South Orange homes saw a big increase as well from 94% in March of this year to 99% this past August, 2013.  If you’re thinking of selling your home, now is a great time!

Consider these prices, which are current as of the date of this post.16 Park Rd, Maplewood NJ

In Maplewood, median list price last September 2012 was $369,000 compared to $379,500 this September 2013.   Prices are continuing to go up.  After showing several peaks and valleys throughout the past few years, median sales prices rose 2% in the past year from average sales price of $460,612 in September of 2012 to to $528,100 this September, 2013.

As of this post, there are currently 80 Active Maplewood listings, compared to 73 available homes in South Orange.  Maplewood currently has 50 homes under contract and 32  in South Orange.

Median rents have increased by 27 percent to $2,300, driving many former renters to consider buying a home. This is just one of the reasons that Maplewood real estate is becoming a sellers market.  Rental rates have actual dropped by over 9 percent over the past year to $2,100. However, this is still high enough to make many renters consider buying a new home.

If you’re considering buying or selling your Maplewood/South Orange home, or just want more information about the housing market, please feel free to contact me for a no obligation consultation.

Maplewood NJ Home Sales March 2012

Address List Price Style BR TBT Sold Price DOM
20 WILLIAM ST* $150,000 Colonial 2 2 $150 3
54 VAN NESS TER* $159,000 Colonial 3 1.1 $135,000 12
63 FERNWOOD RD* $195,000 Colonial 2 1 $210,000 56
88 BOYDEN AVE* $235,000 Colonial 3 1 $230,000 224
74 HILTON AVE* $249,900 Colonial 3 2.1 $230,000 323
462 S 4TH ST* $274,900 Colonial 3 2.1 $231,750 130
211 JACOBY ST* $289,000 Colonial 4 2.1 $283,000 10
616 SOUTH ORANGE, 5E $299,900 Hi-Rise 2 2 $265,000 342
26 MAPLEWOOD AVE* $399,000 Colonial 3 1.1 $409,031 46
126 OAKVIEW AVE* $400,000 Colonial 3 2.1 $401,000 16
11 SUFFOLK AVE* $419,900 Tudor 3 1.1 $419,725 14
49 YALE ST* $449,000 Colonial 4 2 $444,500 9
4 WELLESLEY RD* $479,000 Colonial 4 2.2 $480,000 106
1 MORSE DR* $479,000 Colonial 4 3 $480,000 23
115 OAKLAND RD* $529,000 Colonial 5 2.1 $507,000 62
58 BOWDOIN ST* $529,000 Colonial 4 3.1 $505,000 16
22 SOUTH CRESCENT $899,000 Colonial 5 3.1 $877,500 22

This data is taken from the Garden State MLS and is deemed reliable but not guaranteed.

Average Days on Market:  70   Average List To Sales Price Ratio:  95%

Average List Price:  $417,490  Average Sales Price:  $364,642

Month # Active Listings Avg. LP # Sold Listings Avg. SP Avg.
DOM
SP/LP
Mar,2012 188 $417,490 17 $364,642 70 95%
Feb,2012 178 $401,165 18 $379,278 112 96%
Jan,2012 162 $368,338 14 $460,857 71 97%
Dec,2011 165 $367,987 19 $418,542 93 98%
Nov,2011 182 $387,032 10 $462,950 113 95%
Oct,2011 195 $385,927 9 $535,444 69 98%
Sep,2011 192 $388,049 24 $451,917 60 97%
Aug,2011 198 $398,381 35 $501,859 65 97%
Jul,2011 219 $413,875 22 $460,027 85 95%
Jun,2011 237 $421,868 33 $484,167 63 98%
May,2011 234 $433,039 27 $499,137 62 97%
Apr,2011 245 $441,560 10 $559,600 30 99%