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Morristown NJ Home Sales November 2008
By admin | December 1, 2008
The month after the financial crisis hit was a bit of a slow month here in Morristown New Jersey. In this article you will find the actual home sales with addresses so that you can make some apples to apples comparisons. All in all the Morristown New Jersey Real Estate was very slow this last month, compaired to November of 2007. For the same month in 2007 there were 17 home sales, as compaired to November of 2008 there were just 7 home sales.
Morristown NJ Home Sales
Morristown 229 Speedwell ave $180,000lp Colonial 3br 1ba $220,000sp 27 DOM
Morristown 320 South Street 4L $239,000lp OneFloor 1br 1ba $230,000sp 14 DOM
Morristown 6 ALTAMONT COURT APT 26 $239,900lp OneFloor 1br 1ba $230,000sp 168DOM
Morristown 6 ALTAMONT CT APT 21 $249,900lp OneFloor 3br 2ba $285,000sp 38DOM
Morristown 39 Taft Ln $435,000lp TwnEndUn 2br 2.ba1 $411,000sp 146DOM Morris Place Condos
Morristown 27 Taft Ln $455,000lp TwnEndUn 2br 2.1ba $435,000sp 37DOM Morris Place Condos
Morristown 60 Washington Avenue $780,000lp Colonial 4br 2.1ba $725,000 sp 180DOM Washington’s Hdqts
As you can see much of the action last month in the Morristown New Jersey Real Estate market was in the low to mid priced condos, of which Morristown had quite a number located in various locations. This trend has been in place for all of 2008 actually. First time home buyers have been fairly consistant in 2008, where as the move up home buyer at times seems to have disappeared.
There is fear in this market, and for those who can look past the fear, there are exceptional deals to be had in the Morristown NJ Home Market. I personally have been looking at investment properties in and around Morristown, even getting out bid on one of the few foreclosures that was being marketed by the foreclosing banks.
If you would like to see all the homes which are currently listed for sale in our local MLS visit the Morris County MLS search. You will not be disappointed, as most of the homes displayed will have multiple photos as well as floor plans so that you can better understand how the homes are laid out.
James Boyer
Morristown REALTOR
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct
Category: Morristown |
One Response to “Morristown NJ Home Sales November 2008”
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December 4th, 2008 at 10:45 pm
I have been looking for a killer deal to buy my first home in NJ, specially the foreclosed ones, and this site covers it all, in detail. Thanks for the great job