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« Morris Township Home Sales May 2009 | Main | Chatham Boro Real Estate Sales May 2009 »

Madison NJ Real Estate Sales May 2009

By admin | June 15, 2009

The real estate market here in Madison NJ bucked the area sales trend in May of 2009.  While Chatham Boro and Township had 20 home sales, Florham Park had 7 home sales, Morris Township had 17 home sales, and Morristown had 17 home sales, Madison NJ had only 5 home sales.  Just 5 homes sales is not very much during a time period when it seemed like the home buyers were coming out of the wood work, trying to lock in low interest rates get that $8000 home buyer credit, and snatch up those good deals out there.

Madison NJ Real Estate Sales

  1. 38  SOUTH ST  $359,900LP  Ranch 2br 1ba $250,000SP  227DOM
  2. 37  ANTHONY DR  $410,000LP  CapeCod 2br 2ba $399,000SP  38DOM
  3. 4  LEE AVE  $539,000LP  Colonial 3br 1.1ba $530,000SP  17DOM
  4. 13  KENSINGTON RD  $572,375LP  CapeCod 4br 2ba $520,000SP  69DOM
  5. 28  HILLCREST RD  $1,200,000LP  Colonial 4br 4.1ba $1,328,000SP  11DOM

38 South St. was a bank foreclosure an example of a truely great deal.  People crave these but here in Morris County there just are not that many of them.

4 Lee Ave. Located in the Knollwood section of Madison, was a very nice looking home which was priced right from the start.

28 Hillcrest Rd. was a good example of how hard it is to under price a home even in a buyers market.  Even with this price range the buyers stepped in and bid the price up.

Want to find the great deals in Madison NJ homes for sale?  Visit Madison NJ MLS Search.

James Boyer
Madison NJ Realtor
Madison NJ Real Estate Expert
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

Category: Madison |

3 Responses to “Madison NJ Real Estate Sales May 2009”

  1. afolobedike Says:
    August 22nd, 2009 at 2:17 am

    afolobedike…

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  2. Kylie Batt Says:
    April 11th, 2010 at 11:03 am

    Давайте поговорим….

    врач кардиолог   Just 5 homes sales […….

  3. Kylie Batt Says:
    May 19th, 2010 at 5:38 am

    Вы ошибаетесь. Могу это доказать. Пишите мне в PM, пообщаемся….

    Менеджер по работе с клиентами The real estate market here in Madison NJ bucked the area sales trend in May of 2009…..

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