Edison, NJ Real Estate News

By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Edison NJ Open Houses Sunday March 25, 2012 Please find below a list of open houses in Edison NJ for Sunday March 25, 2012. Those are public Edison open houses. Open houses are a good way to start understanding what you can get for your money. They are listed for Edison homes by property types (Houses, Condos, Adult Community), number of bedrooms and asking price. From a real estate perspective, it is better to differentiate the city of Edison with those 3 zips (08817,08820,08837) as Edison real estate prices are very different. Edison train stations and transportation are attracting many New York city commuters. The public school system, many parks and endless activities make it one of the best places in the US to raise your children according to BusinessWeek. Whether you are looking f...
Comments 1
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Edison Animal Shelter - Edison Pet RescueAdopt a pet and save a life, adopt a pet and you'll have a friend for life... Are you thinking about adopting a pet? Why not adopting a pet from the Edison animal shelter...The Edison shelter has a wonderful selection changing daily. So hurry up, your next best friend might just be waiting for you...   Danny Boy Labrador Retriever Mix: An adoptable dog in Edison, NJ Large • Adult • Male From the Edison Shelter: Danny Boy came in to us as a stray and no one has clamed him. He is now available for adoption. He is neutered and current on his rabies and distemper vaccinations. He is super friendly and very playful. Please stop by and meet him and consider giving him a loving hom.e.   More about Danny Boy Spayed/Neutered • Up-to-date with routine shot...
Comments 0
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Edison NJ Open Houses Sunday March 18, 2012 Please find below a list of open houses in Edison NJ for Sunday March 18, 2012. Those are public Edison open houses. Open houses are a good way to start understanding what you can get for your money. They are listed for Edison homes by property types (Houses, Condos, Adult Community), number of bedrooms and asking price. From a real estate perspective, it is better to differentiate the city of Edison with those 3 zips (08817,08820,08837) as Edison real estate prices are very different. Edison train stations and transportation are attracting many New York city commuters. The public school system, many parks and endless activities make it one of the best places in the US to raise your children according to BusinessWeek. Whether you are looking f...
Comments 0
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Middlesex County NJ Market Commentary - March 2012 Reporting period: February 2012 Source data is from the prof. Middlesex County Multiple Listing System database. Calculated on Sunday 03/11/2012. Only includes residential homes within Middlesex County NJ (do not include condos, townhouses, adult commun., commerc. ...). Please read our Disclaimer.     Active Inventory The Active Inventory also called current supply or unsold homes as tracked in the Middlesex County Multiple Listing System (MLS). The Active Inventory as we follow it (Active homes for sale not under contract and not under attorney reviews) in February has slightly increased 3.7 % to 2580 homes for sale in Middlesex County NJ and keeps on following the industry seasonal effect and the local and national current trends. Thi...
Comments 0
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Middlesex County NJ Real Estate Statistics - March 2012 Those Middlesex County real estate statistics include residential one family only. They do not include townhouses, condos, co-ops, multi-family, commercial properties, etc... Data is from the Middlesex County Multi Listing System (MLS) and is the basis for our Middlesex County NJ real estate statistics and market commentary.  Middlesex County Real Estate Statistics February 2012* January 2012** February 2011*** Feb/Jan 2012 (%) Feb2012/Feb2011 (%) Active Inventory 2580 2489 2800 3.7% -7.9% Pending Sales 257 244 200 5.3% 28.5% Buyers per 100 Sellers 10 per 100 10 per 100 7 per 100 0.0% 42.8% New Homes Listed 649 575 603 12.9% 7.6% Sold Homes 197 196 180 0.5% 9.4% Median Sold Price (MSP) $250,000 $259,250 $285,000 -3.6% -12.3% Averag...
Comments 2
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
  March 2012  Market Update   Opportunities in the housing market continue to grow for buyers and sellers. Home affordability, driven mostly by record low interest rates, is among the lowest it has ever been. According to the National Association of Realtors, and based on national averages, the payments on a home today represent 12.8% of the median household income. This is both a good sign for those looking to purchase a home, and for the economy overall as consumers are keeping more money in their pockets. If you’re seller, the housing market shows signs of transitioning from a buyers’ market more of a balanced one. This means that home owners should start to see prices stabilize and begin to grow, presenting more favorable opportunities for those looking to sell their homes. In regar...
Comments 2
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Edison NJ Open Houses Sunday March 11, 2012 Please find below a list of open houses in Edison NJ for Sunday March 11, 2012. Those are public Edison open houses. Open houses are a good way to start understanding what you can get for your money. They are listed for Edison homes by property types (Houses, Condos, Adult Community), number of bedrooms and asking price. From a real estate perspective, it is better to differentiate the city of Edison with those 3 zips (08817,08820,08837) as Edison real estate prices are very different. Edison train stations and transportation are attracting many New York city commuters. The public school system, many parks and endless activities make it one of the best places in the US to raise your children according to BusinessWeek. Whether you are looking f...
Comments 0
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Middlesex County NJ condos prices by zipcodes   March 2012 Middlesex County nj condos prices are calculated monthly with data from the Middlesex County NJ Multiple Listing System and brought to you by the Cathy Chaudemanche Team. They have been calculated on Sumday 03/04/2012 and represent averages for the year 2012 YTD (Year to date). Middlesex County Zip Codes Condo & Townhouse Price Number of Condos & Townhouses sold Min. Condo & Townhouse price Max. Condo & Townhouse price Days on market Sale price Vs List price 07080 $345,000 1 $345,000 $345,000 22 93.3% 07095 $196,250 4 $120,000 $265,000 215 93.8% 08536 $225,455 11 $73,000 $380,000 118 96.0% 08810 $172,250 2 $155,000 $189,500 60 93.3% 08816 $165,000 2 $160,000 $170,000 282 98.6% 08817 $153,000 2 $116,000 $190,000 157 89.0% 08820 $...
Comments 1
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Middlesex County NJ homes prices by zipcodes  March 2012 Middlesex County nj homes prices are calculated monthly with data from the Middlesex County NJ Multiple Listing System and brought to you by the Cathy Chaudemanche Team. They have been calculated on Sunday 03/04/2012 and represent averages for the year 2012 YTD (Year to Date). Middlesex County Zip Codes Home Price Number of homes sold Minimum home price Max. home price Days on market Sale price Vs List price 07001 $223,000 7 $160,000 $315,000 55 94.3% 07008 $181,400 14 $120,000 $276,000 117 91.9% 07064 $260,875 4 $205,000 $340,000 33 93.8% 07067 $385,946 14 $185,000 $979,000 119 92.8% 07077 $135,000 1 $135,000 $135,000 90 79.5% 07080 $319,915 13 $240,000 $582,900 113 95.0% 07095 $202,000 8 $140,000 $235,000 114 93.0% 07735 $169,00...
Comments 1
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Middlesex County NJ condos prices by cities  March 2012  Middlesex County nj homes prices are calculated monthly with data from the Middlesex County NJ Multiple Listing System and brought to you by the Cathy Chaudemanche Team. They have been calculated on Sunday 03/04/2012 and represent averages for the year 2012 YTD (Year to Date) Middlesex County Cities Condo & Townhouse Price Number of Condos & Townhouses sold Min. Condo & Townhouse price Max. Condo & Townhouse price Days on market Sale price Vs List price East Brunswick $165,000 2 $160,000 $170,000 282 98.6% Edison $207,357 7 $99,000 $290,000 112 93.0% Helmetta $215,000 1 $215,000 $215,000 197 83.0% Iselin $227,000 1 $227,000 $227,000 44 92.7% Jamesburg $210,000 1 $210,000 $210,000 165 91.7% Metuchen $165,875 2 $125,000 $206,750 161...
Comments 1
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
  Middlesex County NJ homes prices by cities  March 2012  Middlesex County nj homes prices are calculated monthly with data from the Middlesex County NJ Multiple Listing System and brought to you by the Cathy Chaudemanche Team.  They have been calculated on Sunday  03/04/2012 and represent averages for the year 2012 YTD (Year to Date). Middlesex County Cities Home Price Number of homes sold Minimum home price Max. home price Days on market Sale price Vs List price Avenel $223,000 7 $160,000 $315,000 55 94.3% Carteret $181,400 14 $120,000 $276,000 117 91.9% Colonia $385,946 14 $185,000 $979,000 119 92.8% Cranbury $511,250 4 $155,000 $695,000 93 95.1% East Brunswick $334,108 35 $170,000 $679,880 130 94.2% Edison $371,880 39 $120,000 $960,000 96 94.2% Fords $213,455 11 $150,000 $283,000 11...
Comments 1
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
  Spectacular and Spacious North Edison Colonial Home You'll be impressed with this Center Hall Colonial Home in North Edison. Every time you drive up, you'll appreciate the professional landscaping, manicured lawn, outside lighting, spacious multi car driveway and gorgeous Belgium block lined walkway to the traditional Southern style front porch and main entrance. Some of the great features include 4 bedrooms, 2.5 bathrooms within a spacious and open floor plan. When you enter into the conventional foyer with ceramic tiles, you’ll notice the Dentil molding as well as the Picture Frame molding that runs throughout the first floor. The traditional living room has carpeting and built-in bookcases. And the luxurious dining room features a butler's pantry, wood flooring and sliders to the p...
Comments 2
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Houses Sold at Asking Price or Above in Middlesex County, New Jersey It happens that houses sometimes sell at the asking price but most of the time they do sell below or above the asking price. The real estate market is a free market and house prices are negotiated based on multi variables ending up with a sold price that is most likely to be different from the original or last asking price.Knowing how many houses within a specific area sold at asking price or above can be very useful for home buyers and home sellers. It also provides real estate professionals with a better understanding of  current and local real estate market conditions. The following table provides the percentage of houses sold at asking price or above for most cities in Middlesex County NJ for the year 2011. When se...
Comments 0
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Sold Homes Ratio or Odds of  Selling Homes in Middlesex County, New Jersey You may have heard of Sold Homes Ratio or Odds of Selling Homes as statistical tools used in the real estate industry. Those numbers are fairly easy to calculate with source data from multi listing systems. As you know, not all homes listed through a listing agreement are actually selling. Basically a sold homes ratio provides the number of listings that successfully sold during a time period within a specific area versus the number of listed homes. Middlesex County NJ Sold Homes Ratio - Example Lets say we want to calculate the Sold Homes Ratio or Odds of Selling Homes for 2012 for a specific area (city, zipcode or neighborhood). We would run a query to return all listed homes during that time period (i.e 20 hom...
Comments 0
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Edison NJ Open Houses Sunday February 26, 2012 Please find below a list of open houses in Edison NJ for Sunday February 26, 2012. Those are public Edison open houses. Open houses are a good way to start understanding what you can get for your money. They are listed for Edison homes by property types (Houses, Condos, Adult Community), number of bedrooms and asking price. From a real estate perspective, it is better to differentiate the city of Edison with those 3 zips (08817,08820,08837) as Edison real estate prices are very different. Edison train stations and transportation are attracting many New York city commuters. The public school system, many parks and endless activities make it one of the best places in the US to raise your children according to BusinessWeek. Whether you are loo...
Comments 0
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
    2011 – Short review. The 2011 Real Estate trend in Middlesex County, New Jersey has followed the national trend with an anticipated double dip. The Average home price for single family homes is down 7.69% versus 2010 and the Median is down 9.52% versus 2010.Last year (2011) double dip came after 2 year (2009 and 2010) of tax credit programs sponsored by the federal government attempting to reverse the real estate down trend. Once the tax credit program expired, the trend reverted to the downside creating the infamous double dip in most local markets. Following a decrease in value we also witnessed in Middlesex County an increase in Days on Market (DOM) and a decrease in Sold Price Vs Asking Price (SP/AP) ratio. Note on the graph below the almost perfect inverse correlation between t...
Comments 0
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Middlesex County NJ Market Commentary - February 2012 Reporting period: January 2011 Source data is from the prof. Middlesex County Multiple Listing System database. Calculated on Tuesday 02/21/2012. Only includes residential homes within Middlesex County NJ (do not include condos, townhouses, adult commun., commerc. ...). Please read our Disclaimer.  Active Inventory The Active Inventory also called current supply or unsold homes as tracked in the Middlesex County Multiple Listing System (MLS). The Active Inventory as we follow it (Active homes for sale not under contract and not under attorney reviews) in January has slightly increased 2.2 % to 2489 homes for sale in Middlesex County NJ and keeps on following the industry seasonal effect and the local and national current trends. This...
Comments 0
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Middlesex County NJ Real Estate Statistics - February 2012 Those Middlesex County real estate statistics include residential one family only. They do not include townhouses, condos, co-ops, multi-family, commercial properties, etc... Data is from the Middlesex County Multi Listing System (MLS) and is the basis for our Middlesex County NJ real estate statistics and market commentary. Middlesex County Real Estate Statistics January 2012* December 2011* January 2011*** Jan/Dec 2011 (%) Jan2012/Jan2011 (%) Active Inventory 2489 2436 2694 2.2% -7.6% Pending Sales 244 165 161 47.9% 51.6% Buyers per 100 Sellers 10 per 100 7 per 100 6 per 100 n/a n/a New Homes Listed 575 327 584 75.8% -1.5% Sold Homes 196 283 182 -30.7% 7.7% Median Sold Price (MSP) $259,250 $273,000 $306,250 -5.0% -15.3% Averag...
Comments 0
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
  Edison Animal Shelter - Edison Pet RescueAdopt a pet and save a life, adopt a pet and you'll have a friend for life... Are you thinking about adopting a pet? Why not adopting a pet from the Edison animal shelter...The Edison shelter has a wonderful selection changing daily. So hurry up, your next best friend might just be waiting for you...   Oreo Domestic Short Hair-Black And White: An adoptable cat in Edison, NJ Oreo is a 2 year old spayed female owner turn-in. Oreo is one in a million. She loves affection and attention and is ready to play. Oreo doesn't really like living in a cage and would be much happier in a new forever home with you. Please consider Oreo for adoption. If you are interested in meeting or adopting Oreo please come to or call the Edison Animal Shelter, 125 Munici...
Comments 2
By Catherine Chaudemanche - Edison & Central NJ, Full Time, Informed and Involved- Results Driven
(Metuchen Keller Williams Elite Realty / Middlesex County, NJ)
Edison NJ Open Houses Sunday February 19, 2012 Please find below a list of open houses in Edison NJ for Sunday February 19, 2012. Those are public Edison open houses. Open houses are a good way to start understanding what you can get for your money. They are listed for Edison homes by property types (Houses, Condos, Adult Community), number of bedrooms and asking price. From a real estate perspective, it is better to differentiate the city of Edison with those 3 zips (08817,08820,08837) as Edison real estate prices are very different. Edison train stations and transportation are attracting many New York city commuters. The public school system, many parks and endless activities make it one of the best places in the US to raise your children according to BusinessWeek. Whether you are loo...
Comments 0