October, 2019

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Buyers Market or Sellers Market?

With inventory less than 5 months supply, Madison is in a Sellers Market. There is 2.6 months supply on the market.

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2018 Average Sales Price: $887,689

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Market Snapshot

Madison, NJ - Past 6 Months
# of Bedrooms# of SalesAverage Sales PriceMedian Sales PriceAverage Days on MarketSales Price to List PriceSales Price to Original List Price
10$0$000%0%
28$888,875$912,0002100%100%
317$634,600$600,0006499%96%
425$785,350$739,9995298%95%
5+18$1,196,111$1,262,5006596%93%
TOTAL:68$868,573$777,0005298%95%

Last Month’s Sales

Madison, NJ - There were 11 sales in December 2018
TownAddressList PriceProperty TypeBedroomsBathroomsGarageBasementSales PriceDays on Market
Madison Boro152 LOANTAKA WAY$489,000Tudor331Y$489,00011
Madison Boro5 Durwood Pl$525,000Colonial31.12Y$515,000184
Madison Boro77 WAYNE BLVD$550,000CapeCod420Y$545,00034
Madison Boro57 RIDGEDALE AVE$639,000Colonial33.10Y$600,00017
Madison Boro129 GREEN VILLAGE RD$749,500Colonial31.11Y$740,000123
Madison Boro33 Green Village Rd$769,000OneFloor222N$769,0000
Madison Boro61 GREENWOOD AVE$929,000Colonial52.11Y$915,00019
Madison Boro19 GREEN VILLAGE RD$1,059,000Colonial43.13Y$1,070,0008
Madison Boro9 Sherwood Avenue$1,149,000Colonial53.12Y$1,100,00083
Madison Boro161 GREEN VILLAGE RD$1,150,000Colonial442Y$1,100,0000
Madison Boro2 LAUREL WAY$1,475,000Colonial54.12Y$1,420,0008

Detailed Listing View

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[col3]ALL ACTIVE LISTINGS 2[/col3]
[col3]CLOSED SALES PAST 6 MONTHS[/col3]
[col3_last]QUESTIONS[/col3_last]

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FHPR Sample Report2 [/col3_last]
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