Come to our open houses this Sunday from 1 to 5 pm. One of our sales associates will be in each home to field any questions you might have regarding the house, Millburn/Short Hills and Livingston townships, or your search for a new home in general.
Short Hills Real Estate
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Come to our open houses this Sunday from 1 to 5 pm. One of our sales associates will be in each home to field any questions you might have regarding the house, Millburn/Short Hills and Livingston townships, or your search for a new home in general.
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Week In Review: Find out what homes were just listed, what homes went under contract, and what sold for any given week.
For the week of July 26th- August 2nd, 3 homes were listed in Millburn, Short Hills. 2 of the listings are asking between $600,000 and $800,000, 1 are between $1,000,000 and $2,000,000, 1 home is between $2,500,000 and $3,000,000, and 1 is asking over $5,500,000.
4 homes went under contract this week. 2 were asking below $550,000, 1 was asking between $700,000 and $800,000, and 1 was asking over $1,300,000.
13 homes closed this week. 4 homes closed below $1,000,000. 4 homes closed between $1,000,000 and $2,000,000, 29 Great Hills Road, which sold for $1,250,000 was represented by The Gonnella Team. 3 homes closed between $2,000,000 and $2,500,000, 25 North Forest Drive, which sold for $2,200,000 was represented by The Gonnella Team. 2 homes closed over $2,500,000. 44 Mohawk Road, sold for $2,850,0o0, and The Gonnella Team represented the buyer.
Congratulations to the new homeowners!
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The Wall Street Journal says it’s finally time to buy a house. Housing prices, across the country, rose sharply from April to May, and mortgage rates continue to drop to all-time lows, with the 30-year fixed rate at 3.5%. WSJ also noted that Housing Starts rose 6.9% in June and home-building stocks are on the rise, with the Philadelphia Housing Sector Index up 27 percent this year.
Real estate website and search engine, Trulia, has found that it is cheaper to buy than to rent in each of the nation’s largest 100 metropolitan areas. WSJ estimates that you can make up the difference in buying a property versus renting a property within five years, due to current interest rates on mortgages. Truly, now is the time to buy a house!
See our listings to find your new home in Millburn, Short Hills!
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42 Hobart Gap Road, Short Hills, NJ asking $1,099,000 and represented by The Gonnella Team is now under contract. Congratulations to the new homeowners!
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Week In Review: Find out what homes were just listed, what homes went under contract, and what sold for any given week.
For the week of July 19th- July 26th, 5 homes were listed in Millburn, Short Hills. 1 of the listings is asking in the $600,000 to $700,000 range, 2 are between $1,000,000 and $2,000,000, 1 home is between $2,500,000 and $3,000,000, and 1 is asking over $5,500,000.
3 homes went under contract this week. 2 were asking between $850,000 and $900,000. 1 was asking over $1,250,000.
5 homes closed this week. 3 homes closed below $1,000,000. 2 homes closed over $2,350,000.
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