The following 7 properties went under contract this past week in Basking Ridge – that’s three more than the week before!  Maybe my prediction will prove true!

156 Irving Place, Society Hill Condo, listed for $241,000
186 English Place, Society Hill Condo, listed for $259,000
2406 Privet Way, The Cedars Condo, listed for $269,000
406 Penns Way, Society Hill Townhouse, listed for $365,900 (my sale!)
324 Alexandria Way, Spring Ridge Duplex, listed for $479,900
25 Dryden Road, Single Family Home, listed for $574,500
130 Culberson Road, Single Family Home, listed for $1,100,000

There are an additional 12 properties that are working through attorney review which means they have accepted offers and lawyers are working through the contract details.

Please contact me if you would like more information about any of these Basking Ridge homes or visit my Basking Ridge real estate website for more information on what has sold each month over the past year.

New to the Basking Ridge market are the following 8 properties:

367 Potomac Drive, Spring Ridge Condo, $252,500
49 Queen Anne Drive, Single Family Home, $597,900
26 Huntington Road, Single Family Home in the Hills, $629,900
297 Lyons Road, Single Family Home, $719,000
71 Riverside Drive, Single Family Home, $799,000
20 Stacy Lane, Single Family Home, $829,000
124 Church Street, Single Family Home, $939,000
89 Morristown Road, Single Family Home – New Construction, $1,150,000

As of this morning there a total of 200 listings showing active in Basking Ridge in the MLS. With 35 going under contract in the last 30 days, Basking Ridge market absorption is 5.7 months -not much different from last week, which again, makes sense given the season.  It doesn’t always make sense to look at this metric every week; it’s the trends that are most important.

Please contact me if you would like more information about any of these Basking Ridge homes or visit my Basking Ridge website to search homes for sale in Basking Ridge and surrounding areas.