Local Market Data
14
The Tide Has The Tide Has Turned Turned July 29 th Corp HQ Sales Meeting Welcome Welcome
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21-Oct-2014 -
Category
Real Estate
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This presentation will show where the highest concentration of sales have been in Morris County NJ in the past 45 days and will include Broker Market Penetration Charts through June for Morris County.
Transcript of Local Market Data
The Tide Has TurnedThe Tide Has TurnedJuly 29th Corp HQ Sales Meeting
WelcomeWelcome
MLS Active Listing InventoryMLS Active Listing InventoryNJ, NY, CT and LeHigh Valley, PANJ, NY, CT and LeHigh Valley, PA
Foreclosure ActivityForeclosure Activity
Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Var%
Chappell (MD/DC) 16,953 19,078 20,277 21,103 20,611 20,755 22,690 33.84%
Ashby/Doepper 12,001 13,867 14,504 14,650 14,566 15,933 15,324 27.69%
Minsky 14,411 15,591 16,154 16,111 16,110 16,804 16,447 14.13%
Williams 6,158 6,224 8,065 7,910 9,629 7,200 6,932 12.57%
Prevete 8,425 8,056 10,717 9,742 9,400 8,756 8,824 4.74%
McDonald 7,064 7,319 7,857 8,229 7,674 7,357 7,354 4.11%
Waters 9,627 9,430 10,891 10,629 10,241 10,014 9,918 3.02%
Green (VA) 23,722 23,438 22,844 22,421 21,741 20,535 21,068 -11.19%
Bixon 6,844 6,376 6,904 7,086 6,514 5,643 5,065 -25.99%
Totals 105,205 109,379 118,213 117,881 116,486 112,997 113,622 8.00%
Variance since 12/22/08 3.97% 12.36% 9.87% 6.42% -4.62% -3.60%
-3.60%
Since Dec
51.3%51.3%Increase in SalesIncrease in Sales$300,000 & Under$300,000 & Under
Recovery Has BegunRecovery Has Begun
June YTD reported internal revenue units
Sales by Price RangeSales by Price Range
Sales by Price RangeSales by Price Range
Morris County Stats From 6/15-7/28
1129 New Listings
661 Total U/C Properties
692 Closings
Morris County Stats From 6/15/09-7/28/09
0-$300,000 165 sales 25%
$300,001-$500,000 283 sales 43%
$500,001-$800,000 150 sales 23%
$800,000-$1,000,000 26 Sales 4%
$1,000,000-$2,000,000 33 Sales 5%
$2,000,000-Up 4 Sales 1%
June, 2009June, 2009
Best Month since October, 2004Best Month since October, 2004
4,970 Revenue Units4,970 Revenue Units
Best Month in 22 Months!Best Month in 22 Months!
Morris County Closed Units As of 6/30/2009
Source: GSMLS via R.E. Stats Inc.
(1/1/09 - 6/30/09)
Essex County Closed UnitsAs of 6/30/2009
Source: GSMLS via R.E. Stats Inc.
(1/1/09 - 6/30/09)
Sussex County Closed UnitsAs of 6/30/2009
Source: GSMLS via R.E. Stats Inc.
(1/1/09 - 6/30/09)
Warren County Closed UnitsAs of 6/30/2009
Source: GSMLS via R.E. Stats Inc.
(1/1/09 - 6/30/09)
Thank you for attending our meeting today!
