Mendham NJ Real Estate Market Update NOVEMBER 2014
By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
Note: There are two separate reports for MENDHAM - one for the TOWNSHIP and one for the BOROUGH The numbers for MENDHAM TOWNSHIP are mostly flat for NOVEMBER 2014: The rolling 12 month sales volume decreased slightly by one (1) unit or 1% - Last year: November 2012 thru November 2013 (80) homes sold as compared to the current period: November 2013 thru November 2014 with (79) homes sold. The November year-to-date numbers decreased modestly by seven (7) units or 9% as compared to last year's total of (75) homes sold to the current period with (68) homes sold. This volume is very much in line with the past four (4) years performance levels. The monthly volume for the number of sales occurring last November was three (3) homes sold as compared to this November with four (4) homes sold...
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