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Basking Ridge



Far Hills













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Current Basking Ridge Performance

Recent full year, effective Feb. 6, 2012

Bernards Township in Somerset County, is commonly reffered to as Basking Ridge, NJ, USA.

Basking Ridge Housing Market Data

This housing market graph showns the homes sold within the past one year in green, homes under contract in light green, and available inventory in orange. This housing market data graph is updated quarterly and is current as shown by the effective date above.


Basking Ridge Housing Market Data

This housing market graph shows inventory turnover as it applies to the real estate industry. The available inventory is contrasted against sold homes within the past one year to determine the reate that the current supply of inventory is selling. Generally speaking, markets in which the inventory is turning over at a rate less that six to eight months, tends to favor the seller and can be an indicator of an appreciating market, and visa-versa. This may not apply however, to higher-priced housing markets as they typically have a longer inventory turnover, even during appreciating market conditions.



Select here for more information about Bernards Township.

Shown above are Basking Ridge home sales and housing market data providing an overall perspective on the Basking Ridge housing market. Specific Basking Ridge housing market data varies based upon demand for the location, year the home was built, price bracket, and other factors. When buying or selling a home, contact a Real Estate professional for more highly targeted Basking Ridge Housing Market Data before establishing a sales price for a new home listing or making a purchase offer on a home. Highly targeted housing market data can be a very effective tool in reaching your real estate goals. A HousingMKT contributing Realtor can provide you tightly focused Housing Market Data for Basking Ridge, as well as providing you with assistance in buying or selling your home.

Please contact a Real Estate Professional before making any observations about housing market data as this information on this may be subject to human error.