West Orange

A u g u s t

2 0 1 3

M a r k e t

S n a p s h o t

Bev & Bob Homes, LLC, www.BevAndBobSELLHomes.com, 201-647-6144, rmeaux@verizon.net

Units

Address

Style

Bedrms Baths

DOM Final List Price Sales Price

SP:FLP

Actual
DOM

Original List
Price

SP:OLP

Total Assessment
SP:AV

43 Conforti Avenue Unit 12 OneFloor

1.0

80

$124,900

$120,000

96.08%

262

$169,000

71.01%

$142,600

0.84

31 Osborne Place

Colonial

2.0

37

$199,000

$185,000

92.96%

794

$339,000

54.57%

$253,600

0.73

267 Mount Pleasant Ave

TwnIntUn

3.1

278

$247,200

$200,000

80.91%

278

$247,200

80.91%

$522,700

0.38

43 Conforti Ave Unit 88

OneFloor

1.0

274

$129,900

$205,500

158.20%

388

$227,000

90.53%

$177,400

1.16

39 Virginia Avenue

Colonial

2.2

99

$219,900

$215,000

97.77%

254

$350,000

61.43%

$264,500

0.81

88 Leonardo Drive

TwnIntUn

2.1

63

$237,000

$224,000

94.51%

63

$237,000

94.51%

$270,300

0.83

74 Watson Avenue

SplitLev

1.0

58

$229,000

$227,000

99.13%

58

$259,000

87.64%

$225,700

1.01

110 Walker Road

Colonial

1.1

464

$239,900

$230,000

95.87%

825

$329,900

69.72%

$299,700

0.77

39 Johnson Road

Colonial

1.0

23

$239,000

$239,000

100.00%

23

$239,000

100.00%

$246,900

0.97

10 21 Oak Crest Road

RanchExp

2.0

146

$250,000

$240,000

96.00%

724

$310,000

77.42%

$326,700

0.73

11 384 St Cloud Avenue

RanchRas

1.0

11

$238,000

$248,000

104.20%

11

$238,000

104.20%

$253,400

0.98

12 6 Curtis Avenue

SplitLev

1.1

700

$269,900

$255,000

94.48%

700

$329,000

77.51%

$287,600

0.89

13 5 Byrne Road

Colonial

1.2

19

$269,900

$271,000

100.41%

19

$269,900

100.41%

$258,300

1.05

14 8 Holmes Street

CapeCod

2.0

84

$299,000

$280,000

93.65%

84

$299,000

93.65%

$226,800

1.23

15 25 Benvenue Avenue

CapeCod

1.0

25

$295,000

$285,000

96.61%

25

$295,000

96.61%

$245,400

1.16

16 29 Carteret Street

SplitLev

2.1

21

$275,000

$290,000

105.45%

21

$275,000

105.45%

$295,400

0.98

17 5 Calvin Terrace

Colonial

2.0

35

$299,900

$294,000

98.03%

1713

$529,000

55.58%

$281,400

1.04

18 7 Fairway Avenue

Colonial

2.1

46

$309,900

$295,000

95.19%

46

$309,900

95.19%

$387,400

0.76

19 229 Clarken Drive

TwnIntUn

2.1

114

$310,000

$300,000

96.77%

114

$324,999

92.31%

$319,400

0.94

20 27 Schindler Terrace

TwnEndUn

2.1

40

$320,000

$300,000

93.75%

109

$420,000

71.43%

$367,700

0.82

21 15 Normandy Terrace

CapeCod

2.0

31

$309,000

$305,000

98.71%

31

$309,000

98.71%

$286,700

1.06

22 17 Dawson Avenue

Colonial

2.0

42

$315,000

$305,000

96.83%

643

$439,900

69.33%

$332,000

0.92

23 64 Greenwood Avenue

RanchExp

2.1

264

$329,900

$305,000

92.45%

770

$499,000

61.12%

$379,500

0.80

24 19 Holmes Street

SplitLev

1.0

10

$299,000

$310,000

103.68%

10

$299,000

103.68%

$259,300

1.20

25 280 St Cloud Avenue

Ranch

2.1

47

$310,000

$320,000

103.23%

47

$299,900

106.70%

$271,900

1.18

2004-2013 Copyright Protected. All Rights Reserved

data as of 8/7/13
Information compiled from the Garden State Multiple Listing Service. Deemed Reliable but not Guaranteed.

Not intended to solicit a property already listed.

West Orange
A u g u s t

2 0 1 3

M a r k e t

S n a p s h o t

Bev & Bob Homes Team, www.BevAndBobSELLHomes.com, 201-647-6144, rmeaux@verizon.net

Units

Address

Style

Bedrms Baths

DOM Final List Price Sales Price

SP:FLP

Actual
DOM

Original List
Price

SP:OLP

Total Assessment
SP:AV

26 2A Buckingham Road

Bi-Level

2.1

61

$340,000

$320,000

94.12%

61

$340,000

94.12%

$295,300

1.08

27 2 Bauer Drive

SplitLev

2.1

13

$309,900

$321,000

103.58%

13

$309,900

103.58%

$309,000

1.04

28 3 Mt Pleasant Place

Colonial

1.2

59

$325,000

$325,000

100.00%

59

$335,000

97.01%

$254,900

1.28

29 22 Birch Street

Colonial

1.1

10

$315,000

$330,000

104.76%

10

$315,000

104.76%

$285,400

1.16

30 3 Coolidge Avenue

SplitLev

2.1

329

$330,000

$330,000

100.00%

329

$389,000

84.83%

$315,600

1.05

31 33 Larkin Circle

TwnEndUn

3.1

27

$330,000

$330,000

100.00%

211

$379,000

87.07%

$358,300

0.92

32 5 Oxford Terrace

Colonial

2.0

156

$345,000

$335,000

97.10%

156

$379,000

88.39%

$367,100

0.91

33 53 Sunnyside Road

CapeCod

3.0

17

$345,000

$340,000

98.55%

17

$345,000

98.55%

$280,300

1.21

34 21 Schindler Terrace

TwnIntUn

2.1

38

$359,000

$349,000

97.21%

38

$359,000

97.21%

$383,000

0.91

35 25 Woods End Road

Tudor

2.0

90

$369,900

$350,000

94.62%

90

$389,900

89.77%

$355,300

0.99

36 96 Mayfair Drive

CapeCod

3.0

14

$340,000

$351,000

103.24%

14

$340,000

103.24%

$340,200

1.03

37 11 Schindler Terrace

TwnEndUn

2.1

10

$359,000

$359,000

100.00%

10

$359,000

100.00%

$367,700

0.98

38 141 Querques Lane

TwnEndUn

2.1

20

$335,000

$365,000

108.96%

20

$335,000

108.96%

$340,000

1.07

39 74 Cummings Circle

TwnIntUn

3.1

50

$379,000

$365,000

96.31%

181

$379,000

96.31%

$333,500

1.09

40 21 Burnett Terrace

Tudor

3.1

16

$369,000

$369,000

100.00%

278

$369,000

100.00%

$382,200

0.97

41 5 Bongart Drive

TwnIntUn

2.1

88

$375,000

$370,000

98.67%

88

$389,000

95.12%

$322,200

1.15

42 44 Ferris Drive

SplitLev

3.0

129

$389,500

$370,000

94.99%

129

$419,000

88.31%

$347,600

1.06

43 1355 Pleasant Valley Way

Ranch

2.0

171

$395,000

$374,000

94.68%

171

$410,000

91.22%

$326,500

1.15

44 42 Ferris Drive

SplitLev

3.0

22

$349,900

$375,000

107.17%

22

$349,900

107.17%

$409,500

0.92

45 16 Schindler Terrace

TwnIntUn

2.1

35

$369,000

$375,000

101.63%

35

$489,000

76.69%

$382,100

0.98

46 3 Clarken Drive

TwnEndUn

2.1

10

$345,000

$375,300

108.78%

10

$345,000

108.78%

$377,400

0.99

47 16 Belgrade Terrace

Tudor

2.1

37

$385,000

$378,000

98.18%

477

$459,000

82.35%

$388,600

0.97

48 45 Orange Heights Avenue

Colonial

2.1

52

$379,000

$378,500

99.87%

52

$399,000

94.86%

$360,100

1.05

49 14 Dogwood Road

Colonial

1.1

80

$399,000

$393,000

98.50%

80

$399,000

98.50%

$353,400

1.11

50 70 Nicholas Avenue

SplitLev

2.1

14

$399,000

$395,000

99.00%

14

$399,000

99.00%

$341,400

1.16

2004-2013 Copyright Protected. All Rights Reserved

data as of 8/7/13
Information compiled from the Garden State Multiple Listing Service. Deemed Reliable but not Guaranteed.

Not intended to solicit a property already listed.

West Orange
A u g u s t

2 0 1 3

M a r k e t

S n a p s h o t

Bev & Bob Homes Team, www.BevAndBobSELLHomes.com, 201-647-6144, rmeaux@verizon.net

Units
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72

Address
40 Maple Avenue
92 Cummings Circle
67 Gregory Avenue
5 Clearview Terrace
10 Devon Drive
27 Connel Drive
27 Boland Drive
6 Steven Terrace
7 Ridgeway Court
50 Gilbert Place
37 Collamore Circle
20 Whalen Court
11 Club Boulevard
11 Haller Road
15 Baxter Lane
1 Edgehill Road
17 Bloomfield Way
4 Haggerty Drive
18 Luth Terrace
12 Howell Drive
2 Haggerty Drive
22 Baxter Lane
AVERAGE

Style Bedrms Baths DOM Final List Price

Cottage
4
2.0 89
$414,500
TwnEndUn
2
3.1 23
$399,900
Tudor
6
3.2 90
$425,000
Colonial
3
2.1 94
$429,000
SplitLev
4
3.0 68
$419,000
SplitLev
4
2.1 30
$445,000
TwnIntUn
3
2.1 63
$439,000
SplitLev
4
4.1 19
$449,000
Colonial
4
2.1 59
$459,900
Colonial
4
3.1 29
$459,000
Colonial
4
2.1 35
$475,000
TwnEndUn
3
3.1
0
$479,900
Colonial
5
3.1 63
$509,000
Custom
5
3.1 70
$595,000
TwnEndUn
3
2.1 149
$599,000
Victrian
6
3.2 29
$599,000
Colonial
4
2.1 12
$775,000
Colonial
4
3.1 45
$749,900
TwnEndUn
4
3.1 54
$774,900
Colonial
5
3.0 42
$769,900
Colonial
4
3.1 58
$799,000
TwnEndUn
3
4.1 31
$825,000
79
$385,992

Sales Price
$398,000
$399,900
$400,000
$404,000
$419,000
$420,000
$422,000
$435,000
$436,000
$450,000
$470,000
$470,000
$516,000
$570,000
$583,000
$599,999
$713,500
$730,000
$735,000
$755,000
$759,900
$795,000
$378,508

SP:FLP
96.02%
100.00%
94.12%
94.17%
100.00%
94.38%
96.13%
96.88%
94.80%
98.04%
98.95%
97.94%
101.38%
95.80%
97.33%
100.17%
92.06%
97.35%
94.85%
98.06%
95.11%
96.36%
98.81%

Actual
DOM
89
23
456
94
68
30
1017
233
241
29
35
140
63
70
149
29
12
45
54
42
212
31
191

Original List
Price
$429,500
$425,000
$499,900
$429,000
$419,000
$445,000
$545,000
$474,000
$489,000
$459,000
$500,000
$549,900
$529,000
$595,000
$649,000
$599,000
$775,000
$749,900
$784,900
$769,900
$799,000
$825,000
$416,172

Total AssessSP:OLP
ment
SP:AV
92.67%
$352,900
1.13
94.09%
$339,000
1.18
80.02%
$523,300
0.76
94.17%
$370,100
1.09
100.00%
$393,800
1.06
94.38%
$424,300
0.99
77.43%
$454,800
0.93
91.77%
$358,400
1.21
89.16%
$450,900
0.97
98.04%
$413,000
1.09
94.00%
$532,800
0.88
85.47%
$479,900
0.98
97.54%
$433,700
1.19
95.80%
$388,500
1.47
89.83%
$607,000
0.96
100.17%
$584,500
1.03
92.06%
$678,400
1.05
97.35%
$659,900
1.11
93.64%
$671,800
1.09
98.06%
$741,300
1.02
95.11% New Construction
96.36%
$707,600
1.12
91.15%
$370,772
1.01

CURRENT ACTIVE LISTINGS IN WEST ORANGE

CURRENT UNDER CONTRACT LISTINGS IN WEST ORANGE

Number of Units: 235

Average List Price: $446,060
Average List Price to Assessed Value Ratio: 1.05
Average Days on Market: 131

Number of Units: 134

Average List Price: $360,137
Average List Price to Assessed Value Ratio: 0.97
Average Days on Market: 96

2004-2013 Copyright Protected. All Rights Reserved

data as of 8/7/13
Information compiled from the Garden State Multiple Listing Service. Deemed Reliable but not Guaranteed.

Not intended to solicit a property already listed.

August 2012 YTD

AVG YTD Sales Price: $336,588
DOM: 94
#Units YTD: 278
SP:AV 0.92

West Orange 2013 Year to Date Market Trends

Bev & Bob Homes Team

www.BevAndBobSELLHomes.com,
201-647-6144, rmeaux@verizon.net
January

February

March

April

May

June

July

August

Days on Market

75

84

98

201

102

71

68

79

89

Final List Price

$329,206

$302,676

$331,661

$300,417

$351,577

$388,509

$404,848

$385,992

$365,784

Sales Price
Sales Price as a %
of FLP

$315,596

$293,805

$317,419

$294,540

$341,222

$387,240

$391,530

$378,508

$357,170

95.97%

96.83%

96.89%

97.74%

96.73%

99.73%

96.52%

98.81%

97.77%

Actual DOM

154

173

205

365

270

150

144

191

196

Original List Price

Sales Price as a %
of OLP
Sales Price to Assessed Value
# Units Sold

$352,500

$321,167

$374,946

$369,300

$401,139

$414,293

$424,777

$416,172

$398,833

89.27%

91.59%

86.78%

81.27%

85.89%

94.21%

93.00%

91.15%

90.17%

0.94
20

0.99
21

0.98
31

0.88
25

0.93
49

1.09
69

1.04
62

1.01
72

1.00
349

We s t O r a n g e 2 0 0 4 - 2 0 1 2

October

99.55%

100.00%

98.83%

99.00%

$400,000

98.19%

98.00%

97.30%

97.00%

$350,000

96.80%

96.00%

$300,000

95.59%

95.63%

2010

2011

2012

SP:LP

94.00%
List Price

2010
$408,694
$390,469

2011
$388,271
$368,090

4.25

4.77

4.92

4.78

4.44

4.00

4.00

92.00%
2004

2012
$351,758
$336,975

2005

103

100
80
3.72

2.00

2007

60

84

90 91

97

64

Days on
Market

50

20

2012

2012

2011

2011

2010

2010

2009

2009

2008

2008

2007

2007

2006

2006

2005

2005

2004

2004

0.00

2008

2009

2004-2012 Number of Units Sold

40
0.94

1.00

76

60

2.75

3.00

2006

2004-2012 Average Days on Market

120

Sales Price to Assessed Value Ratio

6.00

93.00%

Sales Price

900
800
700
600
500
400
300
200
100
0

765

721
562 540
446

394 361 366 414

# Units
Sold

2012

2012

2011

2009
$403,847
$383,302

2011

2010

2008
$429,481
$416,376

2010

2009

2009

2008

2007
$466,047
$454,083

2008

2007

2006
$460,981
$450,493

2007

2006

2005
$442,208
$438,534

2006

2005

2005

2004

2004

5.00

95.73%
94.75%

95.00%

$250,000

LP
SP

YTD AVG

2004-2012 Sales Price to List Price Ratios

$450,000

2004
$338,108
$382,805

November December

We s t O r a n g e 2 0 0 4 - 2 0 1 2

Average List Price vs. Sales Price

$500,000

September

*2010 Tax Re-evaluation

data as of 8/7/13

Information compiled from the Garden State Multiple Listing Service. Deemed Reliable but not Guaranteed.

2004-2013 Copyright Protected. All Rights Reserved

Not intended to solicit a property already listed.