Sunday, March 14, 2010

Chatham NJ Real Estate Market Update

Chatham NJ real estate market update for year to date 2010, vs 2009.

Things, real estate things that is, are looking up. After a few years of real estate doom and gloom, I am happy to report that Chatham NJ real estate is not in the toilet - unlike many other towns in New Jersey and elsewhere. Allelujah for that!

The Chathams
Last year at this time there were 261 homes for sale in the Chathams, now only 246, with the bigger reduction in the Township. More than double the # of home closings this year over the same period in 2009! Average days on the market are down from 74 to 66. Average sales price of Chatham NJ homes sold for this year to date is $633,750.

For a review of 2009 vs 2008 sales
Search Chatham NJ Homes for Sale on Garden State MLS Free
Thanks for reading. Come back for regular updates for Chatham NJ real estate market conditions
Chatham NJ Condos

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