Thursday, January 21, 2010

4th Quarter Under Contract Inventory Up in Millburn-Short Hills, Chatham, Maplewood and Summit

Posted by The Jill Smith Team at 6:55 AM
A sign that the market is improving in the Millburn-Short Hills area, 4th quarter under contact inventory is up from the same quarter in 2008. Under contract inventory is up in Millburn-Short Hills, Chatham, Maplewood and Summit. 3rd Quarter under contract inventory was also up from the 3rd quarter in 2008 except for Maplewood where the inventory remained unchanged from the previous year. 4th quarter under contract inventory was highest in 2009 since 2006 in Chatham, Maplewood and Summit. In Millburn-Short Hills 4th quarter under contract inventory more than doubled from 2008’s 4th quarter and is consistent with inventory figures from years 2005-2007.

View all of The Jill Smith Team’s comprehensive market statistics at http://www.jillsmithrealtor.com/AreaMarketStatistics.asp. With a combined 41 years of Short Hills, Summit and Chatham area real estate sales experience and unsurpassed market analysis, Jill Smith and her team offer professional, intelligent sales service demanded by today’s savvy buyers and sellers. Our experience will give you the advantage in buying and selling in the Short Hills, Summit and Chatham area. If you are considering moving in 2010, it is time to prepare for the spring market. Contact The Jill Smith Team today to plan your buying or selling goals for the next year.

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