October, 2019

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Buyers Market or Sellers Market?

With inventory less than 5 months supply, Morris Plains is in a Sellers Market. There is 1.4 months supply on the market.

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2018 Average Sales Price: $489,697

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Market Snapshot

Morris Plains, NJ - Past 6 Months
# of Bedrooms# of SalesAverage Sales PriceMedian Sales PriceAverage Days on MarketSales Price to List PriceSales Price to Original List Price
11$251,500$251,5003897%93%
23$349,000$325,0007799%97%
314$414,464$436,5005798%96%
419$523,879$481,0002599%98%
5+2$643,000$643,0006397%95%
TOTAL:39$470,274$455,0004399%97%

Last Month’s Sales

Morris Plains, NJ - There were 7 sales in December 2018
TownAddressList PriceProperty TypeBedroomsBathroomsGarageBasementSales PriceDays on Market
Morris Plains Boro82 LITTLETON RD$239,000Ranch320Y$235,00074
Morris Plains Boro607 Lopez Ln$419,000TwnIntUn231N$408,000198
Morris Plains Boro28 DIANA RD$419,000SplitLev31.11Y$419,00017
Morris Plains Boro62 MAPLE AVE$425,000Colonial421Y$425,00058
Morris Plains Boro198 LITTLETON RD$429,900Ranch421Y$415,00016
Morris Plains Boro52 JAQUI AVE$525,000Colonial320Y$520,00014
Morris Plains Boro19 PARK RD$850,000Colonial43.12Y$855,0008

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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