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    488 Springfield Avenue
    Summit, NJ 07901

    ph. 973.376.0033
    fx. 973.376.1088

    How is the Millburn/Short Hills Real Estate Market?

    At lunch yesterday after the Center Court Member Guest,
    I was asked

    How is the Millburn/Short Hills Real Estate Market?

     Houses are moving after a sluggish early spring,
    especially if they are priced right!

    And, what priced houses are moving?

    In the past month, 35 homes have gone under contract at all different price points

    5   Under $500,000
    6   $501,000 to $750,000
    4   $751,000 to $999,999
    11 $1,000,000 to $1,499,999
    5   $1,500,000-$1,999,999
    4   $2,000,000+

    Short Hills Median List Prices are falling whereas Millburn Median List Prices are holding pretty steady.

    Real Estate Market Chart by Altos Research www.altosresearch.com

     

    Want to learn more about the Millburn/Short Hills Real Estate Market? Call Perri K. Feldman @ 973.650.4727 or email Perri@MidtownDirectHomes.com

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