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Market absorption in Bernardsville is 11 months – a clear buyers market! 8 sales in the last 30 days, 3 in the $500,000-$800,000 price range (5.6 months market absorption). 23 properties available between $2M and $5M with only one sale in the last 30 days. There are 20 listings between $1M and $2M and there hasn’t been a sale since March 12th.

We’ve just posted the homes that sold in Bernardsville in February 2010 here: February Home Sales