Real Estate: 43 Homes Sold in Last Month

Millburn-Short Hills saw an incredible 43 homes change hands over the last 30 days. They ranged in price from $436,000 to a high of $3.6 million. And, according to Garden State MLS, there are 56 more homes currently under contract.

Until the deadline was extended, homebuyers had to close by June 30 to take advantage of the recent tax credit. It caused the large amount of activity over the past few weeks.

There are 125 additional homes active on the market for sale. Sellers, who have been holding back over recent months (and years), are starting to realize the marketplace is in a correction mode. Mostly homes are selling quickly, especially those with the lower price points in part because they are priced right for the market. On average, all the homes sold in the past 30 days sold at 96 percent of their asking price.

Here is an overview of home sales in Millburn-Short Hills over the past 30 days (June 15-July 15, 2010):

• 10 Willow St. – Split Level – 3 Bed/1.5 Bath - $436,000
• 15 Douglas St. – Colonial – 3 Bed/2.5 Bath - $510,000
• 40 Elm St. – Colonial – 3 Bed/2 Bath - $635,000
• 83 Myrtle Ave. – Cape Cod – 3 Bed/2 Bath - $640,000
• 167 Myrtle Ave. – Colonial – 3 Bed/1 Full & 2 Half Bath - $650,000
• 43 Rector St. – Split Level – 3 Bed/2.5 Bath - $650,000
• 109 Glen Ave. – Victorian – 3 Bed/2.5 Bath - $654,000
• 878 Ridgewood Rd. – Tudor – 4 Bed/3.5 Bath - $657,500
• 59 Maple St. – Colonial – 3 Bed/1.5 Bath - $670,000
• 76 Great Oak Dr. – Colonial – 3 Bed/2.5 Bath - $685,000
• 18 Campbell Rd. – Colonial – 3 Bed/2 Full & 2 Half Baths - $705,000
• 1 Woodcroft Pl. – Colonial – 3 Bed/2 Full & 2 Half Bath - $729,000
• 52 Silver Spring Rd. – Split Level – 3 Bed/2 Bath - $735,000
• 32 Glen Brook Crest Dr. – Colonial – 3 Bed/2.5 Bath - $785,000
• 48 Hobart Gap Rd. – Tudor – 4 Bed/3.5 Bath - $820,000
• 75 Spenser Dr. – Split Level – 4 Bed/2 Bath - $955,000
• 889 Ridgewood Rd. – Colonial – 4 Bed/2 Full & 2 Half Bath - $975,000
• 15 Ridge Terrace – Colonial – 4 Bed/3.5 Bath - $980,000
• 117 Hemlock Rd. – Colonial – 7 Bed/4 Full & 2 Half Bath - $999,999
• 26 Dorset La. – Expanded Ranch – 4 Bed/2.5 Bath - $1,100,000
• 35 Whitney Rd. – Tudor – 4 Bed/4.5 Bath - $1,105,000
• 9 Edwards Pl. – Expanded Ranch – 5 Bed/3 Bath - $1,150,000
• 189 Sagamore Rd. – Victorian – 4 Bed/3.5 Bath - $1,175,000
• 113 Tennyson Dr. – Split Level – 5 Bed/4 Bath - $1,225,000
• 21 Richard Dr. – Split Level – 5 Bed/3.5 Bath - $1,225,000
• 72 Seminole Way – Split Level – 5 Bed/3.5 Bath - $1,289,000
• 35 Barnsdale Rd. – Expanded Ranch – 4 Bed/7.5 Bath - $1,307,500
• 277 S. Forest Dr. – Colonial – 4 Bed/4.5 Bath - $1,360,200
• 27 Briarwood Dr. – Split Level – 5 Bed/3 Bath - $1,368,000
• 20 Quaker Rd. – Expanded Ranch – 7 Bed/4 Bath - $1,475,000
• 58  Farbrook Dr. – Custom – 4 Bed/3.5 Bath - $1,500,000
• 7 Robbins La. – Contemporary – 4 Bed/3.5 Bath - $1,601,000
• 57 Far Brook Dr. – Colonial – 5 Bed/6.5 Bath - $1,825,000
• 2 Cross Gates – Colonial – 5 Bed/3 Full & 2 Half Bath - $1,875,000
• 125 Farley Rd. – Colonial – 6 Bed/5.5 Bath - $2,025,000
• 48 Kenilworth Dr. – Tudor – 5 Bed/4.5 Bath - $2,100,000
• 43 Browning Rd. – Colonial – 6 Bed/5.5 Bath - $2,200,000
• 9 S. Beechcroft Rd. – Custom – 5 Bed/4 Full & 4 Half Bath - $2,300,000
• 10 Forest Dr. North – Colonial – 6 Bed/5.5 Bath - $2,325,000
• 9 Lancer Dr. – Colonial – 7 Bed/6 Full & 2 Half Bath - $2,425,000
• 48 Great Hills Terrace – Colonial – 5 Bed/4 Full & 2 Half Bath - $2,545,000
• 488 Long Hill Dr. – Colonial – 7 Bed/7 Full & 2 Half Bath - $2,700,000
• 40 Dorison Dr. – Custom – 5 Bed/4.5 Bath - $3,600,000