Market Activity Madison, New Jersey

Monthly Average Home Sales Report - Madison NJ

To view a Detailed Home Sales Report click on a desired month in the chart below.

* Ratio: SP/LP represents the sale price as a percentage of list price.
Date # of
Properties
Sold
Average
List Price
Average
Sale Price
Ratio:
SP/LP*
Days
on the
Market
18
$ 890,072
$ 870,625
97.82 %
54
July 2018
6
$ 2,622,175
$ 2,402,000
91.60 %
51
24
$ 880,567
$ 868,066
98.58 %
34
20
$ 1,149,115
$ 1,127,025
98.08 %
43
17
$ 843,353
$ 821,169
97.37 %
25
24
$ 800,542
$ 775,146
96.83 %
33
3
$ 1,007,967
$ 1,003,000
99.51 %
39
10
$ 1,158,100
$ 1,125,740
97.21 %
73
18
$ 862,544
$ 857,194
99.38 %
43
10
$ 796,940
$ 782,240
98.16 %
62
10
$ 910,390
$ 873,600
95.96 %
58
10
$ 782,870
$ 740,500
97.07 %
54
11
$ 886,891
$ 867,114
97.77 %
31
23
$ 989,048
$ 961,112
97.18 %
43
18
$ 922,939
$ 895,472
97.02 %
35
8
$ 582,113
$ 585,150
100.52 %
18
14
$ 853,979
$ 838,143
98.15 %
71
10
$ 881,700
$ 860,946
97.65 %
68
9
$ 848,156
$ 787,511
92.85 %
75
7
$ 754,357
$ 731,571
96.98 %
62
19
$ 808,247
$ 789,263
97.65 %
51.05
14
$ 864,332
$ 838,286
9699 %
3621
15
$ 875,900
$ 844,458
96.41 %
51.53
7
$ 640,286
$ 645,571
100.83 %
50.57
20
$ 1,124,785
$ 1,075,675
95.63 %
63.85
23
$ 1,042,087
$ 1,019,696
97.85 %
38.78
29
$ 911,093
$ 903,588
99.18 %
35.59
26
$ 859,773
$ 843,562
98.11 %
74.85
17
$ 890,147
$ 866,206
97.31 %
59.76
8
$ 588,213
$ 564,438
95.96 %
99.38
9
$ 1,067,333
$ 1,039,722
97.41 %
37.11
5
$ 977,200
$ 945,200
96.73 %
78
12
$ 626,567
$ 604,917
96.54 %
67.83
5
$ 554,380
$ 540,300
97.46 %
27.6
18
$ 782,322
$ 762,111
97.42 %
43.83
10
$ 849,190
$ 802,148
94.46 %
54.8
18
$ 1,185,000
$ 1,149,500
97 %
51.5
24
$ 845,342
$ 841,216
99.51 %
28.88
34
$ 966,406
$ 953,175
98.63 %
47.35
20
$ 995,303
$ 984,520
98.92 %
38.05
11
$ 944,082
$ 928,618
98.36 %
61.55
12
$ 774,682
$ 767,727
99.10 %
56.82
6
$ 557,817
$ 546,233
97.92 %
124.50
8
$ 842,611
$ 822,206
97.58 %
42.63
19
$ 832,310
$ 811,553
97.51 %
58.53
10
$ 809,160
$ 804,425
99.41 %
38
14
$ 713,907
$ 682,843
95.65 %
57.64
22
$ 906,041
$ 877,205
96.82 %
52
15
$ 758,573
$ 750,477
98.93 %
33.47
24
$ 730,288
$ 732,931
100.36 %
39.04
18
$ 1,072,828
$ 1,019,389
95.02 %
84.33
5
$ 654,760
$ 653,680
99.84 %
16
10
$ 634,780
$ 628,410
99 %
31.4
6
$ 946,617
$ 914,333
96.59 %
58.17
14
$ 875,150
$ 847,333
96.82 %
30.5
8
$ 818,843
$ 799,571
97.65 %
19.14
11
$ 783,295
$ 765,336
97.71 %
36.64
17
$ 720,776
$ 724,351
100.50 %
51.59
12
$ 997,333
$ 968,187
97.08 %
62.50
15
$ 688,847
$ 677,333
98.33 %
50.87
21
$ 1,155,805
$ 1,068,155
92.42 %
57.57
29
$ 996,341
$ 977,933
98.15 %
35.69
18
$ 733,539
$ 745,090
101.57 %
88.78
15
$ 843,933
$ 821,457
97.34 %
70.67
16
$ 757,418
$ 763,406
100.79 %
21.25
9
$ 860,667
$ 842,944
97.94 %
38.56
6
$ 771,817
$ 748,083
96.93 %
108
7
$ 727,529
$ 709,857
97.57 %
66.29
8
$ 593,750
$ 574,625
96.78 %
56.13
6
$ 581,317
$ 557,167
95.85 %
63.17
7
$ 517,971
$ 495,500
95.66 %
96.71
12
$ 978,825
$ 934,354
95.46 %
76
18
$ 673,494
$ 657,076
97.56 %
55.89
8
$ 609,506
$ 593,933
97.45 %
41.67
20
$ 715,068
$ 685,417
95.85 %
61.95
10
$ 673,930
$ 652,965
96.89 %
42.60
13
$ 786,975
$ 766,833
97.44 %
44.33
5
$ 815,400
$ 785,200
96.30 %
90.40
2
$ 692,000
$ 615,000
88.87 %
220.00
6
$ 1,013,817
$ 975,167
96.19 %
93.5
10
$ 773,190
$ 752,400
97.31 %
81.80
9
$ 719,556
$ 682,278
94.82 %
61.78
9
$ 753,089
$ 732,022
97.20 %
135.22
9
$ 701,111
$ 660,167
94.16 %
57.67
16
$ 867,669
$ 815,094
93.34 %
72.75
19
$ 698,495
$ 678,653
97.16 %
70.00
21
$ 816,866
$ 793,079
97.09 %
70.47
4
$ 799,725
$ 775,250
96.94 %
65.75
9
$ 558,989
$ 535,000
95.71 %
96.22
10
$ 455,480
$ 428,500
94.08 %
118.7
7
$ 839,843
$ 801,286
95.41 %
121
5
$ 778,533
$ 727,200
93.41 %
65.6
11
$ 501,709
$ 481,273
95.93 %
69.09
9
$ 702,125
$ 684,000
97.42 %
51.63
7
$ 622,414
$ 576,143
92.57 %
113.43
10
$ 869,980
$ 844,500
97.07 %
83.9
12
$ 925,233
$ 875,608
94.64 %
54.58
23
$ 768,970
$ 737,700
95.93 %
61.9
21
$ 846,386
$ 819,439
96.82 %
29.33
10
$ 726,245
$ 692,000
95.28 %
87.91
15
$ 781,705
$ 737,933
94.40 %
70.47
15
$ 747,213
$ 712,893
95.41 %
92.27
6
$ 697,150
$ 671,682
96.35 %
48
9
$ 609,590
$ 561,950
92.18 %
72.7
16
$ 621,164
$ 589,306
94.87 %
82.5
15
$ 623,153
$ 594,364
95.38 %
49.67
11
$ 600,991
$ 585,936
97.49 %
100.82
14
$ 649,279
$ 625,993
96.41 %
62.79
14
$ 802,600
$ 739,250
92.11 %
124.29
23
$ 764,774
$ 735,464
96.17 %
55.72
17
$ 875,491
$ 833,706
95.23 %
65.06
5
$ 616,255
$ 605,400
98.24 %
71.6
9
$ 732,200
$ 687,222
93.86 %
64.56
9
$ 582,556
$ 559,967
96.12 %
87
4
$ 821,975
$ 742,125
90.29 %
113
8
$ 572,413
$ 542,875
94.84 %
66.75
11
$ 581,818
$ 556,454
95.64 %
53.55
4
$ 721,725
$ 685,000
94.91 %
112.5
6
$ 717,633
$ 683,500
95.94 %
62.67
11
$ 704,527
$ 683,364
97.00 %
37.73
18
$ 737,095
$ 706,824
95.89 %
57.05
12
$ 855,700
$ 812,958
95.01 %
59.08
24
$ 940,796
$ 904,229
96.11 %
50.33
10
$ 711,390
$ 685,950
96.42 %
71.6
15
$ 728,740
$ 700,167
96.08 %
50.27
9
$ 671,978
$ 635,239
94.53 %
60.11
3
$ 564,967
$ 537,500
95.14 %
74.33
6
$ 1,116,467
$ 1,040,817
93.22 %
71.83
14
$ 681,764
$ 666,643
97.78 %
31.64
13
$ 866,200
$ 840,185
97.00 %
106.77
9
$ 735,433
$ 701,114
95.33 %
72.78
16
$ 787,494
$ 782,244
99.33 %
68.06
14
$ 839,493
$ 816,571
97.27 %
42.71
20
$ 898,635
$ 877,845
97.69 %
55.25
20
$ 832,430
$ 807,850
97.05 %
50.9
16
$ 867,487
$ 856,444
98.73 %
76.44
17
$ 636,206
$ 624,912
98.22 %
53.76
8
$ 610,500
$ 596,188
97.66 %
61.25
9
$ 914,922
$ 872,000
95.31 %
63.67
9
$ 1,315,656
$ 1,221,111
92.81 %
69.33
17
$ 822,147
$ 790,941
96.20 %
69.47
13
$ 812,177
$ 785,885
96.76 %
45.38
6
$ 618,300
$ 604,833
97.82 %
54.83
14
$ 837,400
$ 803,029
95.90 %
62.43
18
$ 845,839
$ 832,750
98.45 %
47.11
20
$ 983,635
$ 955,600
97.15 %
51
18
$ 824,967
$ 816,667
98.99 %
52.06
18
$ 841,194
$ 820,556
97.55 %
58.94
14
$ 814,550
$ 785,314
96.41 %
101.71
15
$ 661,873
$ 661,653
99.97 %
36.4
10
$ 872,100
$ 858,850
98.48 %
78.7
10
$ 796,540
$ 776,350
97.47 %
64.5

Testimonials

“In selling our home, Kim was on top of every detail, was thoroughly knowledgeable and was always available. Her marketing strategies are highly visible and effective, and in our case resulted in quick multiple offers. We started off with a real estate agent and ended up with a friend."
Therese D Berkeley Heights, NJ
Her negotiation on two offers was strong and determined. She was vigilant on the period from contract to Closing.
Glenys H. 2 Midland Terrace, Summit
She masterfully marketed our home and within a few days of listing our home we received 3 offers. Her attention to detail is one of her strong points. I would highly recommend Kim Cannon as a realtor. She was a pleasure to work with.
Lisa M. 5 Kenneth Court, Summit
Kim is a highly seasoned real-estate agent with tremendous knowledge & experience in the local markets.She completely understands all of the intricacies, problems& details involved in the process of selling a home. I would highly recommend Kim to anyone contemplating the buying or selling of a home.
Michael A.
I found Kim Cannon through her impressive website. I loved working with her when I purchased in Chatham years ago and wouldn't use anyone else when I was the seller. She is highly competent, honest, proficient and accessible. RUN to her when you need a service.
Pam H.
"Kim was very helpful and knowledgeable with our home search in Summit. She made the process very easy by being accessible and accommodating. Kim has continued to be helpful through our transition to our new town."
Barbara F Summit, NJ
We were looking for market expertise and leadership in selling our Mother's house. And that's exactly what we got. From our first meeting through Closing, Kim and her team produced at every turn. We had a contract within two weeks and closed less than two months later.
Tom N. 20 Greenbriar Drive
"Kim has extensive knowledge of the local real estate market and is very attentive to your needs. She had great focus on selling our home and did so in a short period of time for a great price. We would recommend and use Kim cannon if we were to sell again."
Elena N Summit, NJ
In 2007 & 2012 I thought I wanted to sell my house. By 2014 I told Kim I wanted to rent the house. Each time Kim was so professional & helpful. She acted quickly & helped me through the process. When the time comes to sell I will not hesitate to call Kim. I would recommend her without reservation.
Roberta L. New Providence, NJ
"....displayed a depth of local knowledge with respect to neighborhoods and schools that was very comforting since we were moving cross-country...she gave us excellent advice on the negotiation, inspection and closing process....was extremely accomodating in being present as needed."
Jared G Summit, NJ
Kim is a consummate professional. She understands the market, the applicable technical aspects of the sales process, seeks input and listens to her clients, and is responsive and thoughtful throughout the process. We highly recommend Kim for your real estate transaction needs.
Leslie C. Summit, NJ
Her inside knowledge & complete honesty made sure we ended up in a home we love. Kim's assistance in the inspection & closing process was top notch. I wouldn't hesitate to recommend her services to anyone looking for a true honest professional.
Melissa
"..an agent that is honest, motivated, and extremely helpful. She gave us so much useful information on how to present our house in one of the toughest housing markets and held our hand thru the complete process. I can highly recommend Kim for all your real estate needs."
Karie D
Kim has been AMAZING! Kim was extremely supportive with negotiations & very responsive & knowledgeable about all of our closing needs. She is kind, patient, trustworthy, reliable & extremely professional. I would highly recommend Kim to any home buyer.
Sarah M.
Kim has been my real estate broker for several years. She found reliable tenants for my rental property & recently she assisted me in the purchase of another property. I have found all my experiences to be positive, Kim is very professional & knowledgeable. I would highly recommend Kim.
Kelly A.
I have worked with Kim when both buying & renting. Kim's years of experience have provided her with a true sense of the market value of homes. She is honest when dealing with clients so they have the best chance of either selling quickly or buying a home. We recommended her to others.
Teresa T.
Kim Cannon is a fantastic agent! She took the time to get to know us as a family and really understand what we were looking for. We trusted her to deliver on the biggest investment of our lives & she delivered. We loved working with her & we give her the highest possible recommendation.
Chrissy C. 686 Springfield
Kim brings a breadth of knowledge and expertise to the table as a seller and buyers' agent. Her negotiation skills are unparalleled and her ability to work with other agents all the while skillfully and passionately representing her sellers' best interests is impressive. Don't wait - just call Kim.
Melissa B
On the very first call, she spent a lot of time explaining the home buying process in NJ. Right away, we were very impressed by her patience and deep knowledge of the market. She seemed to have key market statistics, & features of homes (both recently sold and those on the market) at her fingertips.
Priyank G. 9 Twombly
Our home sold in 3 days with multiple offers and went for well over asking.  I attribute to Kim's reputation and marketing. In addition, all matters of closing a home...Kim is there...ON IT.  Every phone called returned immediately. Tough, organized and honest.  What a team.  Highly recommend.”
Bob B.
Kim provided us with real guidance along the way and was easy to communicate with. She was able to sell our home in less than a week with multiple offers over asking. Kim has great attention to detail & simply knows her stuff. We would certainly recommend her to anyone looking to buy or sell a home.
Jamie C. 120 Woodland
We are newcomers to New Jersey and had no familiarity with all the different towns. Kim did an amazing job of learning our style and making sure that we saw a great cross section of home in all the neighboring towns. It's also always nice when you like who you're working with! Kim is fantastic!
Lisa H.
Kim has been our realtor for the past 9 years and has seen us through 2 purchases & a sale. She is the most faithful, loyal, thorough & competent realtor I have ever used. I do not have enough words to say how fantastic she is. Part of our family now. Love her.
Allison B Summit, NJ
Kim offered excellent marketing strategies, first-hand knowledge of local schools & experience "staging" our home to sell quickly. The response was overwhelming & our home sold within two weeks (w/multiple offers.) We would recommend Kim Cannon & her team, Anne & Sally.
Debbie L.
Kim’s local knowledge, expertise of the process, timing, execution & assistance with negotiations closed the deal for us. She has a full understanding of this process & made it simple on us through a complex transaction. I recommend Kim’s work highly to anyone looking to buy or sell their home!
Dan M.
"Kim is thoroughly professional & makes a science of selling a home. She understands that buying/selling a home is emotional & still able to get everyone to work realistically. I think the biggest advantage is that other agents also respect her skills & judgment......"
Ken C Summit, New Jersey
"Kim was a pleasure to work with. We had an extremely short time line to find a house and she really understood our sense of urgency. Kim was incredibly
knowledgeable about the towns she covers and really seemed to know where we would enjoy living."
Tim and Joanna R Chatham, NJ
We solicited three different local agents from three different brokerage firms. We already knew about her reputation and professionalism, so it was an easy decision to hire as a listing agent. Our house was sold and closed within three months from the time we first contacted Kim.
Jennifer M.
Kim came highly recommended to us. She took time the time to understand what we were looking for & then was able to help us evaluate homes as we explored the different neighborhoods. She's super savvy about the market & guided us. She was calm, supportive & responsive throughout the process.
Kari S.
I thought this process was going to be arduous but Kim made it easy. Before we found Kim, we had an offer that fell through. The offer we received through Kim was higher then the one that fell through. I highly recommend her.
Lisa D. 15I Heritage Dr, Chatham
We were transitioning to the suburbs, we wanted someone that knew the area extremely well & would be a reliable guide for us. Kim was the perfect fit. Kim was a calm & reliable resource when it came to negotiating the price & she helped us navigate the closing process with quality recommendations.
David P.
Kim guided us, explaining the exact steps of a typical transaction, to being there with us at the closing table. Kim has many great strengths—professionalism, knowledge of the market, & ability to explain complicated things in a way that is easy to understand.I wouldn't hesitate to recommend her.
Kristina A.
She is ultra-responsive, engaged, hard-working, and knowledgeable. We really appreciate her consultative style and listening capabilities. She takes the time to learn your needs and understand your priorities. We closed a couple of weeks ago and LOVE our place.
Elaine S. 127 Rotary
Kim was extremely responsive and sunderstanding in dealing with myself and two siblings as we sold our parent's estate. I would highly recommend her for her professionalism and sensitivity.
Paul H.
“Kim helped us buy a complicated investment property, and has worked with us to rent it out ever since. In fact, we have not had a single day of vacancy! We have a longstanding relationship with her and are constantly impressed with her integrity and work ethic.”
Erik H
Kim is very responsible & reliable as a buyer agent. Whenever a new listing come out, she usually previews the house & gives both positive and negative feedback so we can determine if we want to see it. I wouldn't hesitate to recommend her to everyone I know—and to work with her again in the future!
Junhan W. 66 Tulip St, Summit, NJ
Having bought & sold several home, I can say without reservation that Kim was the most capable professional in all transactional areas that I have worked with. She was very accessible, thorough, provided excellent counsel, & brought consistency and calm to what can be an anxiety producing process.
Mark D.
To sum up, I would retain Kim again without thinking twice. She is honest, knowledgeable, highly professional and just really nice. I recommend Kim without reservation to any buyer or seller.
Chris G. 120 Shawnee Path

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