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Madison NJ Home Sales
By admin | November 5, 2008
Actually Madison NJ Homes Sold October 2008
October 2008 was not one of those spectacular months for real estate sales in Madison New Jersey. For the whole month we had only 6 homes sell and transfer to their new owners. 6 home sales in Madison New Jersey for the month of October? That is not much for one of the traditionally busier month of the year for real estate sales. This compares to 12 home sales for Madison in September 2008. To be fair I also compared to Madison’s home sales for October 2007 where we had 9 homes sell and transfer.
I have to say, and I have written about this, I believe that now that the election has passed and we seem to be dealing with the financial problems in the economy, that we are going to have a better next 12 months than the past 12 months. I truly believe we have reached bottom, are we going to rocket up from here? NO!! I do think we are likely to see small price declines to flat prices to possibly small price appreciation.
Here are the Madison NJ Real Estate sales for October 2008.
- Madison Boro 1 LEE AVE $489,000LP Colonial 3br 1ba $540,000SP 12DOM
- Madison Boro 250 PLYMOUTH CT $499,000LP TwnIntUn 2br 2.1ba $490,000SP 22DOM
- Madison Boro 23 Surrey Lane $518,000LP SplitLev 3br 2ba $494,000SP 78DOM
- Madison Boro 301 Kings Rd $624,900LP Bi-Level 4br 2.1ba $620,000SP 63DOM
- Madison Boro 11 Roscoe Ave. $750,000LP Colonial 3br 3.1ba $730,000SP 42DOM
- Madison Boro 49 East Lane $1,424,900LP Colonial 5br 3.1ba $1,257,000SP 149DOM
Better days for Madison NJ home sales are around the corner, we just have to be positive and always looking to the future.
James Boyer
Madison NJ REALTOR
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct
Excellence in Madison NJ Real Estate Services Guaranteed!!
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