Basking Ridge Real Estate

Hello, I am Jennifer Blanchard and I am your Basking Ridge Real Estate Resource. Basking Ridge Real Estate is your one stop shop for all things related to  Basking Ridge Homes for Sale and Basking Ridge Townhouses for sale.

Here you will find all the homes for sale and townhomes for sale listed in Basking Ridge, Bernards Township; there is no need to search multiple websites – all homes listed within the Garden State MLS will be found here. Also here will be current information on Basking Ridge Real Estate Homes Sold within the last month.

Check the Basking Ridge Real Estate Information Blog for properties that are under contract and for new Basking Ridge Real Estate listings – information will be updated frequently – you may find your next home or townhouse here before anyone else even knows about it!

Last Month's Sold Homes & Townhouses/Condos

Market Update

There were 62 new listings during the month of January – four of which are already under contract! I think the market is going to do quite well this spring! There have been 20 contract sales this month evenly distributed over all prices ranges between $215,000 and $1,450,000. As January 31st, Basking Ridge market absorption is at 7 months. Market absorption is the metric which we use to determine how “hot” (or cold) the market is at any given time. It compares the number of contract sales in the last thirty days to the number of active listings – therefore giving us an idea of how long it would take to sell the current inventory. A balanced market – favoring neither buyers nor sellers – is anywhere between 5 and 6 months. The higher the number the more of a buyers market, when lower, sellers have the upper hand. Basking Ridge is in great shape – hovering between 6 and 8 months.

information deemed reliable but not guaranteed

information deemed reliable but not guaranteed

See more detailed information about this months home sales in Basking Ridge, as well as prior months sold information here.

About Basking Ridge

One of the most highly regarded communities in New Jersey, Basking Ridge is considered upscale with lots of charm and hometown warmth. It is located in the heart of the Somerset Hills in northern Somerset County just west of New York City – just one hour to the mountains or the beach. With a great school system, many recreational opportunities and cultural events year round, people are drawn from all over to visit or relocate to our beautiful town. Located on the Gladstone branch of the Morris & Essex line makes Basking Ridge an easy commute to New York City.

Read more about Basking Ridge here

Basking Ridge Real Estate Information