Basking Ridge, NJ
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.
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
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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.
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