Mahwah Real Estate Market Report: June 2012

Here are last month’s numbers for Mahwah single-family homes and condos/townhouses sold, according to the New Jersey Multiple Listing Service.

Single-family homes 

June saw an increase over the previous month in the number of homes sold.  Eighteen single-family homes sold in the month of June, compared to 12 in May.

In June, the average list price was $810,967 and the average sold price was $733,250, which means that homes in Mahwah were selling last month at 90.417% of their list price, on average. For the listings that sold, the average number of days homes were on the market was 101.

Condos/Townhouses

At an average list price of $398,800 and average sold price of $368,157, there were 14 units sold in Mahwah in June. The sale price to list price ratio was 92.316 and the average days on market was 65.  

Here are the June sold listings, as reported in the NJMLS: 

Address                        

DOM      

Price             

Style               

BR

FB

HB

1275 HIBUSCUS CT

31

$173,000

CONDO

1

1

0

2909 HEMINGWAY LN

47

$220,000

CONDO

1

1

0

670 JUNIPER WAY

21

$258,000

CONDO

2

2

0

106 RAINTREE LN

64

$268,000

CONDO

2

2

0

1207 RIO VISTA DR

172

$285,000

CONDO

2

1

1

802 SASSAFRAS CT

12

$299,900

TWNHS

2

2

1

2405 HEMINGWAY LN

31

$305,000

CONDO

2

2

0

2208 LANCASTER CT

25

$340,800

TWNHS

2

2

1

2366 PHILLIP CT

17

$352,000

TWNHS

2

2

1

179 GRANDVIEW LN

44

$420,000

TWNHS

2

2

1

97 FISHER RD

93

$505,000

TWNHS

2

2

1

71 N BAYARD LN

94

$530,000

TWNHS

3

3

1

251 WESTERVELT LN

170

$577,500

TWNHS

3

2

1

 270 APPLE RIDGE BLVD

 95

 $620,000

 TWNHS

3

3

1

139 CHAPEL RD

130

$400,000

RANCH

2

1

1

180 ISLAND RD

36

$431,000

COL

3

1

1

75 SUNNYSIDE RD

2

$450,000

S/L

4

1

1

55 W AIRMOUNT RD

180

$450,000

B/L

4

2

1

26 REID CT

68

$520,000

COL

4

2

1

63 ALCOTT RD

7

$605,000

COL

4

3

0

76 FELDMAN CT

10

$635,000

COL

4

2

1

20 BOULDER TRL

18

$655,000

COL

4

2

1

5 STORRS CT

39

$685,000

COL

4

2

1

18 VICTORIA LN

541

$690,000

COL

4

2

1

34 HEATHER LN

25

$715,000

RANCH

3

2

0

28 THUNDERHEAD PL

22

$725,000

COL

4

2

1

18 GREEN WAY

103

$735,000

COL

4

3

1

39 MALCOLM PL

78

$740,000

COL

4

2

1

5 DEERFIELD TER

51

$777,500

S/L

4

3

1

5 IVY LN

30

$910,000

COL

5

4

1

51 CORTLAND TRL

284

$1,300,000

RANCH

5

4

3

44 BRAMS HILL DR

208

$1,775,000

COL

6

5

2

Note: These properties were listed and sold by various participants of the NJMLS based on information from the New Jersey Multiple Listing Service, Inc. for the period June 1, 2012 to June 30, 2012. "DOM" = Days on Market. 

Currently on the Market

As of July 9, there are 89 single-family homes for sale, at an average list price of $903,825, and 58 condo/townhouse units available at an average list price of $371,239.  

There's been a lot of activity lately, and it will be interesting to see if the pace continues or slows over the summer months.  Check back next month!

---
Candace Larson
Keller Williams Village Square Realty