Local market statistics

2010-2011 Year over Year Comparison

January 1, 2011 - September 30, 2011

*Statistics courtesy of the Garden State Multiple Listing Service (GSMLS)

2010 Performance Statistics

Town	Average List Price	Average Sale Price	Average Days on Market	Median List Price	Median Sale Price	Transaction Sides*
Summit	$1,000,375	$976,047	60	$799,450	$794,500	548
Short Hills/Millburn (Combined)	$1,234,170	$1,191,751	59	$1,000,000	$999,000	470
Chatham Borough	$765,521	$735,181	65	$619,000	$605,000	202
Chatham Township	$830,107	$788,853	82	$702,000	$690,000	240
Madison	$705,354	$669,973	74	$579,000	$555,000	298
New Providence	$539,032	$518,305	71	$511,950	$490,000	220
Berkeley Heights	$570,340	$550,908	72	$548,800	$533,000	258

Statistics courtesy of the Garden State Multiple Listing Service (GSMLS)
*Representing two sides to each transaction—listing side and selling side

Lois Schneider Realtor