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Mahwah Real Estate Market Report: August 2012

What homes sold last month? How's the condo/townhouse market? Find out how the Mahwah Real Estate market did in August.

The Mahwah Real Estate market heated up in August, especially sales of condo/townhouse units. Here are last month’s numbers for Mahwah single-family homes and condos/townhouses sold, according to the New Jersey Multiple Listing Service. 

Single-family homes – August 2012

While the market may have slowed down a little in July, it was busier in August.  Eighteen homes sold, with an average list price of $922,794.  The average sold price was $838,806, which means that the homes that sold went for approximately 90.899% of their list price. The average days on market was 91.

Condos/Townhouses – August 2012

Sales of condominiums/townhouses jumped from 9 sold in July to 20 in August!  At an average list price of $351,350  and average sold price of $330,025,  the sale price to list price ratio was 93.931.   The units that sold averaged 99 days on the market.


Here are the August sold listings, as reported in the NJMLS:

Address                      

DOM   

Price

Style

BR

FB

HB

2508 HEMINGWAY LN

74

$187,000

CONDO

1

1

0

1601 FAULKNER CT

60

$216,000

CONDO

1

1

0

3308 WHITTIER CT

24

$231,000

CONDO

2

1

0

1323 OXFORD ST

96

$235,000

CONDO

1

1

0

71 FROMM CT

100

$240,000

CONDO

2

1

0

703 THOREAU CT

163

$259,000

CONDO

2

1

0

161 LINDEN ST

26

$262,000

CONDO

2

2

0

2135 ISABELLE CT

21

$265,500

CONDO

2

2

0

3501 RIO VISTA DR

210

$280,000

CONDO

1

1

0

1152 SYCAMORE LN

45

$285,000

CONDO

2

2

0

1904 FAULKNER CT

67

$285,000

CONDO

2

2

0

1058 CHEDWORTH CIR

77

$305,000

TWNHS

2

2

1

1246 MULBERRY DR

143

$315,000

TWNHS

2

2

0

1278 PADDINGTON RD

440

$349,000

TWNHS

3

2

0

69 SUNSET CT

28

$400,000

TWNHS

3

2

1

365 CATSKILL CT

20

$425,000

TWNHS

3

2

1

46 ERSKINE CT

31

$440,000

TWNHS

3

2

1

81 FISHER RD

115

$495,000

TWNHS

2

2

1

8 GRIST MILL RUN

42

$512,000

TWNHS

2

2

1

145 FISHER RD

211

$619,000

TWNHS

3

2

1

3 JERSEY AVE

42

$372,500

C/C

4

2

0

107 GLASGOW TER

74

$495,000

S/L

3

2

0

34 BEVERIDGE RD

156

$500,000

RANCH

3

3

0

104 AIRMONT AVE

161

$615,000

RANCH

3

3

0

9 FAWN HILL DR

12

$650,000

RANCH

4

2

1

20 ARMOUR RD

32

$655,000

COL

4

3

0

838 DARLINGTON AVE

110

$687,000

CONTP

5

4

0

18 BOULDER TRL

19

$750,000

COL

4

2

1

56 DEERHAVEN RD

387

$765,000

COL

7

6

0

17 JAHN CT

45

$770,000

RANCH

6

3

2

64 FLAMING ARROW RD

38

$800,000

RANCH

3

3

1

9 HOMESPUN CT

38

$885,000

COL

5

4

0

42 KIERSTED PL

66

$910,000

COL

4

4

1

63 MCINTOSH DR

222

$925,000

COL

5

3

1

998 RAMAPO VALLEY RD

79

$935,000

COL

5

4

2

14 PELZ FARM CT

16

$935,000

COL

4

3

1

7 BLOSSOM LN

135

$1,499,000

COL

5

4

1

63 BRAMS HILL DR

16

$1,950,000

COL

7

6

1

Note: These properties were listed and sold by various participants of the NJMLS based on information from the New Jersey Multiple Listing Service, Inc. for the period August 1, 2012 to August 31, 2012.

 

Currently on the Market – September 2, 2012

As of today, there are 80 single-family homes for sale, at an average list price of $ 964,108, and 51 condo/townhouse units available at an average list price of $ 362,577.

Weekly and monthly Mahwah real estate market reports like this are available online at http://www.realestatemahwah.com/index.html. Check out the Friday Roundup in the Mahwah RE Blog -- a summary each Friday of what's new on the market, what went under contract, and what sold.

---

Candace Larson
Keller Williams Village Square Realty
201-445-4300 x 222
www.realestatemahwah.com

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

John Roth September 03, 2012 at 09:25 PM
Consistently the most informative reporting on this site.

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