If you're a homeowner or homeowner-to-be in Madison, NJ, the following sales data for 2007 is very encouraging.

Madison, NJ .... 2006 ...vs... 2007

Number of homes/condos sold .... 182 ...... 174
Average sales price .... $802,083 ...... $792,732
Average sales to list price .... 97% ...... 97%
Average days on the market .... 59 ...... 62
Highest sales price .... $2,600,000 ...... $5,100,000
Number of homes sold over $1 million .... 40 ...... 32
Number of homes sold over $2 million .... 5 ...... 7

As you can see, Madison NJ is still enjoying a strong real estate market, no doubt thanks to a wonderful school system, beautiful village with many diverse restaurants and shops, and lovely homes on tree-lined streets. Visit http://www.bestnjhomes.com/custom3.shtml for cool links on things to see and do in Madison.