$399,000
347 Penns Way
Basking Ridge, NJ
2 bd2 ba
Condo
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Basking Ridge, NJ
Seller's market+16.4% YoY
Housing market overview · Updated weekly
$1.36Mmedian sale price
Homes sold
3
Last 12 weeks
Days on market
52
Average pace
Active listings
2
0.7 months supply
Sale-to-list
98.9%
Below asking
The Basking Ridge housing market is currently classified as a seller's market with a median sale price of $1.36M. Prices have risen 16.4% compared to last year, with homes spending an average of 52 days on market, indicating 0.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Basking Ridge
There are currently 2 homes listed for sale in Basking Ridge, New Jersey. The median listing price is $1.6M. Featured listings range from $399,000 to $2,399,900.
$399,000
289 English Pl
Basking Ridge, NJ
2 bd2 ba
Condo
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$875,000
47 Dexter Dr N
Basking Ridge, NJ
2 bd4 ba
Condo
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$885,000
266 Patriot Hill Dr
Basking Ridge, NJ
3 bd3 ba
Townhouse3,049 sqft lot
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$949,000
134 Spencer Rd
Basking Ridge, NJ
3 bd3 ba
House41,382 sqft lot
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$1,150,000
81 Atlas Rd
Basking Ridge, NJ
5 bd3 ba
House40,511 sqft lot
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$1,250,000
24 Benedict Cres
Basking Ridge, NJ
3 bd4 ba
Townhouse13,504 sqft lot
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$1,259,000
7 Watchung Dr
Basking Ridge, NJ
4 bd3 ba
House8,712 sqft lot
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$1,299,000
18 Juniper Way
Basking Ridge, NJ
4 bd4 ba
House20,038 sqft lot
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$1,399,000
1 Vanderveer Dr
Basking Ridge, NJ
5 bd4 ba
House22,216 sqft lot
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$2,150,000
23 Galloping Hill Rd
Basking Ridge, NJ
5 bd5 ba
House1.71 acres
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$2,399,900
25 Carriage Way
Basking Ridge, NJ
6 bd8 ba5,318 sqft
House39,640 sqft lot
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Active listings
2
Homes on market
Median list price
$1.6M
Avg. days on market
52
Days until sale
New this week
2
Newly listed
Price drops:50.0%of listings
Sale-to-list:98.9%
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Frequently asked questions
What is the average home price in Basking Ridge?
The median home sale price in Basking Ridge is $1.36M, up 16.4% from last year.
How long do homes stay on market in Basking Ridge?
Homes typically spend 52 days on market before going under contract.
Is Basking Ridge a buyer's or seller's market?
With 0.7 months of supply, Basking Ridge is currently a seller's market.
How many homes are for sale in Basking Ridge?
There are currently 2 homes listed for sale in Basking Ridge, NJ.
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