Real Estate inventory decreased even further in Basking Ridge. There are now 123 properties for sale including condos, town houses and single family homes in town. Absorption rate is at 4 months, indicating a seller’s real estate market at the moment. Of course, absorption rate varies, depending on a price point and there are properties under contract in town that are not marked as such on GSMLS, therefore increasing absorption rate. There was quite a bit of real estate activity in Basking Ridge last week… 7 new properties came on the market, 5 were marked under contract and 7 closed. I will be happy to share my knowledge on Basking Ridge real estate market analytics for a specific price range important to you. Please contact me here
Basking Ridge Real Estate
