Denville Real Estate Trends & Statistics

Denville Median List Price

$425,000

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Denville Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	97	89	9%	106	8%
Median List Price	$425,000	$399,000	7%	$399,000	7%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	1%	-		-
Median DOM	50	59	15%	59	15%
Median House Size	3,400	3,755	9%	3,200	6%
Median $/Sqft	$240/sqft	$231/sqft	4%	$199/sqft	21%

	Today	1 Month Ago		1 Year Ago
Total Inventory	78	72	8%	90	13%
Median List Price	$449,000	$425,000	6%	$400,000	12%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	1%	-		-
Median DOM	42	74	43%	59	29%
Median House Size	3,755	3,952	5%	3,800	1%
Median $/Sqft	$279/sqft	$279/sqft		$220/sqft	27%

	Today	1 Month Ago		1 Year Ago
Total Inventory	19	17	12%	16	19%
Median List Price	$349,000	$357,000	2%	$347,000	1%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		-
Median DOM	74	44	68%	70	6%
Median House Size	3,400	3,400		3,109	9%
Median $/Sqft	$226/sqft	$231/sqft	2%	$193/sqft	17%

Denville Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	15	11	7	13	10	13	22
New Listings	28	13	8	16	25	28	37
Sold/Expired	31	26	23	25	23	30	29

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	13	10	6	12	8	12	17
New Listings	26	11	6	12	17	23	31
Sold/Expired	26	22	17	23	20	27	23

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	2	1	1	1	2	1	5
New Listings	2	2	2	4	8	5	6
Sold/Expired	5	4	6	2	3	3	6

Denville, New Jersey real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Denville homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Denville. Movoto is your comprehensive source for Denville property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Denville, NJ Market Overview

Inventory: 97 Recently Sold: 29 New Listings: 37 Distressed: 1

Denville's home resale inventories increased, with a 9 percent increase since April 2013. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in May. The median listing price in Denville went up from April to May. There were a total of 2 price increases and 22 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

17 Cambridge Ave, Denville, NJ