Compare this post to my January 2010 update: Great Gorge Village - Early 2010 Snapshot of Real Estate Activity - Vernon NJ. Great vacation homes or residences
Whether you're considering Great Gorge Village condos for vacation homes or permanent residences, the fact that this neighborhood is nestled at Mountain Creek ski resort is always a plus. Both for year-round and weekend getaway owners, Sussex County NJ is a great choice.
I prepared some statistics on April 16, 2009 for a specific deal, so this focuses more on condos with at least 2 bedrooms and 2 bathrooms. Thought others might benefit from this overview, based on data from the Garden State MLS system.
I look forward to your questions about Vernon NJ real estate and Sussex County vacation properties!
All Great Gorge Village condo units, regardless of size
- Active listings - 57 units with an average list price of $167,528
- Under Contract - 9 units with average list price of $156,622
- Sold/Closed within last 12 months - 38 units. Average list was $163, 413 but average sold price $152,457. Means sale price was about 93% of asking price (at time of sale, not original list prices).
2 beds, 2+ baths - Interior & end units, 4 & 5 rooms
- Active listings - 13 units with average list price of $177,115.
- Under Contract - 3 units with average list of $156,600
- Sold/Closed within last 12 months - 9 units. Average list $159,600, average sold price $151,588. (95%)
End units only - all shapes & sizes in Great Gorge Village
- Active listings - None
- Under Contract - Only 1 and it is 5 room, 2 bed, 2 bath end unit on the lower level. List price $165,000. The MLS indicates it will close June 30 .
- Sold/Closed within last 12 months - 5 units. List averaged $150,940; sold at $140,200. (92%) The only one 5 room, 2 bed, 2 bath end unit on the lower level listed at $155,000 and sold for $145,000; that closed Sept 30, 2008, owners offered to leave all the furniture in place.
2009 Sold/Closed
3 units. Average list was $146,633, average sold price $138,216 (94%). Various configurations. All happen to be end units.
Nice blog Irene!
Joel,
I do believe you are the devil who talked me into getting an outside blog. (And then helped me actually do one!)
Am totally hooked and I appreciate your early advice. I also did the webinar, which gave lots of hints about tags, channels, topics.
Thanks to you, I'm much smarter than I was a few weeks ago.
Irene