Archive for the ‘Just Sold – Bedminster’ Category

There were 21 contract sales in Bedminster during the month of July. This is UP from June when only 14 sales were recorded. This seems to contradict the sentiment that the expiration of the tax credit woud lead to a dip in sales activity.

There were 12 closings in Bedminster this past month:

70 Willow Drive, $720,000/$650,000
33 Spruce Court, $239,000/$235,000
27 Stafforoad Court, $779,000/$730,000
41 Teal Lane, $469,000/$450,735
26 Academy Court, $254,999/$250,000
16 Pheasant Brook Court, $349,900/$332,000
83 Cortland Lane, $99,999/$100,000
19 Ashley Court, $312,000/$318,000
28 Teal Lane, $460,000/$450,000
61 Edgewood Road, $449,000/$435,000
81 Autumn Ridge Road, $715,000/$690,000
12 Lockhaven Court, $499,999/$505,000

If you are consdering a move into or out of Bedminster, try searching for available properties: luxury homes or townhouses and condos or sign up for listing notifications as properties are listed.  Contact me directly for any other questions related to real estate in and around our area in beautiful Somerset County, NJ.

72 Birchwood Rd, Birchwood/$248,800/$252,000
21 Knollcrest Rd, Knollcrest/$459,000/$430,000
234 Long Meadow Rd, Long Meadow/$369,900/$352,000
72 Dogwood Ln, Edgewood/$529,900/$517,500
403 Cardinal Ln, Long Meadow/$333,000/$315,000
49 Encampment Dr, Crestmont/$259,000/$220,500
53 Bentley Ct, Crestmont/$339,000/$331,750
9 Danbury Ct, Crestmont/$350,000/$335,000
705 Timberbrooke Dr, Timberbooke/$510,000/$512,000
72 Academy Ct, Crestmont/$299,900/$295,000
5 Pheasant Brook Ct, Wood Duck Pond/$325,000/$316,500
24 Stevens Court, Signal Point/$286,900/$280,000
40 High Pond Ln, Wood Duck Pond/$298,888/$295,000
7 Heatherwood Ln, Four Oaks/$400,000/$390,000
111 Autumn Ridge Road, Autumn Ridge $619,000/$575,000

Are you considering a move into or out of the area?  Search for available Bedminster homes and mark your calendars for our next home buyer/seller seminar which will be held at the Weichert office in Basking Ridge on Saturday, May 22nd.

I must apologize for being away for so long – it’s been very busy in my little real estate world!  I’ve ben dealing with mulitple offers on several of my listings (something we hadn’t anticipated), an appraisal issue for a property which is the subject of a contingency on one of my deals that was under contract, and working with a couple who needed to make a decision about a competing offer on a property that they were hoping to purchase.  I am happy to report that the buyers with the appraisal issue selected another lender and were able to close their deal, two of the sellers looking at multiple offers selected one – one is under contract and the other will be signed today, and the buyers faced with competition for the home of their dreams made a decision and have already completed their home inspection!  I will admit that after all that hard work, it feels good to have a few closings on the horizon!

So, how are things going in Bedminster?  Market Absorption is at a healthy 6.9 months; a somewhat balanced market that is still favoring buyers to some degree.  I am anticipating a bit of a jump in contract sales due to the impending expiration of the tax credit on April 30th.  If you are considering a move – whether you are a buyer or a seller – now is the time to do it!  Stay one step ahead of the game by registering for listing alerts – be notified of new Bedminster listings within 24 hours of availability.  I can also provide you with a current market analysis for your Bedminster home.  If you just want to browse the inventory – you can do that too: Luxury homes, Single Family Homes, Townshouses and Condos.

Take a quick look at what has sold since I last reported (2/22/10):

30 Tansy Court List: $240,000  Sale: $235,000 Mayfield Condo
64 Foxwood Court  List: $279,999  Sale: $277,500  Fieldstone Condo
41 Pine Court  List: $289,900  Sale: $270,000  Pinevale Condo
102 Stone Run Road  List: $415,000  Sale: $414,000 Stone Run Townhouse

Have a great day!

There has been some decent activity in Bedminster over the last ten days. There were 13 new listings and four contract sales, and the following properties closed:

17 Cedar Court, listed at $268,500, closed for $250,000
138 Autumn Ridge Road, listed at $652,000 closed for $640,000

There are 79 properties available in Bedminster, four of them are working through attorney review.  Market absorption is 6 months.   I have seen such a huge increase in market activity over the last few weeks – if you are considering a move, it might be the best time to put your home on the market.  Interest rates are supposed to go up at the end of March, possibly by a point or more and the tax credit is only available through the end of April. While you might not qualify for the credit, your potential buyer might.  If you can try to leverage this window of opportunity!

Contact me for more information on the market in general or any of these properties in particular.

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