The Bruen Team at Coldwell Banker

09/28/2026

Are homes in Morris County still selling over asking price? The latest weekly market data shows a resounding yes—especially in towns like Randolph, Mendham, and Chester.

Understanding micro-market trends is crucial whether you are planning to sell, purchase, or track your net worth. Here is this week’s Market Watch snapshot across key Morris County communities:

📍 Randolph: Demand remains intense. Homes sold at an average of 105.0% of list price ($1,029,232 average price) in an average of just 12 days on market.
📍 Mendham: Premium momentum continues with an average sale price of $1,116,250 at 104.3% of asking price.
📍 Chester: High seller leverage with a 104.0% sale-to-list ratio and 14 average days on market.
📍 Morristown: Solid inventory flow with 57 active listings, an average sale price of $754,043, and 7 homes going under contract this week.
📍 Madison & Chatham: Inventory remains tightly constrained with only 18 active listings in Madison and 33 in Chatham.

What does this data mean for your home?
Real estate conditions vary dramatically town by town and price point by price point. Generic national news won't reflect the true market value of your neighborhood.

As part of The Bruen Team and the Coldwell Banker Global Luxury network, we leverage precise, hyper-local data to help our clients maximize equity and gain a strategic edge in any market environment.

👉 Wondering where your home stands in today’s market?
Send a message with the word "VALUE" or call/text directly at 973-294-8887 for a confidential, custom home evaluation.

The Bruen Team | Coldwell Banker Realty
Coldwell Banker Global Luxury

09/25/2026

Have you noticed more "For Sale" signs popping up around Morris County lately? 🏡👀 There’s a reason for that!

Welcome back to this week’s Market Update! After a quick break for a golf tournament, I am back analyzing the numbers, and we are seeing a very surprising "late fall market" happening right here in Morris County.

For months, I’ve had buyers frustrated by the lack of options. But over the last two weeks, we’ve seen a massive wave of new inventory hit the market, giving buyers some much-needed relief and great options to choose from!

This Week’s Highlights:

49 New Homes Listed (Average list price: $1.48M)

32 Homes went Under Contract (Up 39% from last week!)

24 Homes Sold (Average sale price: $891K)

What you need to know: The market is finding a healthier balance. Homes are taking a bit longer to sell (about 33 days on average), which means buyers actually have time to think, breathe, and negotiate without competing against 20 other offers.

If you are thinking of selling, don't panic—it is still very much a seller's market! However, pricing your home accurately from day one is absolutely vital. You need an agent who understands today's data, not just what happened in the spring.

Watch the video to see how your specific town performed this week!

Are you thinking about making a move before the end of the year? Drop a 🏡 in the comments or send me a message, and let's put together a strategy.

09/23/2026

Ever wonder what a perfect day in Mendham Boro looks like? 🏡✨

Step inside 3 Aster Terrace, where modern luxury meets classic neighborhood charm. Our latest lifestyle feature takes you on a guided tour of this stunning custom home.

From sipping coffee at the butcher block island to enjoying the vibrant town center less than a mile away, this Morris County location is truly unbeatable. Explore what it is like living so close to Borough Park, Patriots Path, and The Black Horse Tavern.

Click the link below to discover the art of Mendham living and see why this home is the ultimate retreat! 👇

There is a certain magic to life in Mendham Boro, and it begins right on the welcoming wrap around front porch of 3 Aster Terrace. Imagine starting your morning with coffee at a stunning butcher block island before taking a short stroll into the vibrant heart of town. From quiet, sunlit days working...

09/22/2026

🏡 Looking for a private, 1+ acre home in Branchburg, NJ? Discover the ultimate cul-de-sac retreat at 111 Carriage Hill Way in highly desirable Neshanic Station!Offered by its original owner, this meticulously maintained Colonial blends traditional charm with incredible everyday amenities.

Curious what a perfect weekend looks like here? Read our latest lifestyle feature to step inside this Somerset County hidden gem and see why it's the perfect place to call home. 👇

Imagine starting your day surrounded by the lush tranquility of a private 1.06-acre estate at the end of a quiet Neshanic Station cul-de-sac. Offered for the very first time by its original owner, this meticulously cared-for Colonial is a masterclass in peaceful suburban living. From hosting unforge...

09/14/2026

What is happening in the Morris County, NJ real estate market right now? 📊🏡

Whether you are planning to sell your home or tracking local property values, staying informed with hyper-local data is essential. Here is your weekly Morris County Market Watch update for Morristown, Madison, Mendham, Harding, Chatham, Chester, Randolph, and Morris Plains.

HIGHLIGHTS FROM THIS WEEK’S DATA:

📍 Morristown, NJ Real Estate
• Average Sale Price: $1,001,500
• Sale-to-List Price Ratio: 108.5%
• Average Days on Market: 15 Days
• New Listings: 17 | Total Inventory: 59

📍 Madison, NJ Real Estate
• Average Sale Price: $1,376,667
• Sale-to-List Price Ratio: 109.3%
• Average Days on Market: 12 Days

📍 Harding Township, NJ Real Estate
• Average Sale Price: $1,900,000
• Sale-to-List Price Ratio: 107.0%
• Total Inventory: 5

📍 Mendham, NJ Real Estate
• Average Sale Price: $1,569,500
• Sale-to-List Price Ratio: 106.0%

📍 Randolph, NJ Real Estate
• Average Sale Price: $917,530
• Under Contract: 6 Properties

📍 Chatham, Chester, & Morris Plains
• Chatham: 9 new listings | $405,000 avg sale price
• Chester: 100% sale-to-list ratio | $650,000 avg sale price
• Morris Plains: 6 new listings | 10 active properties

WHAT DOES THIS DATA MEAN FOR YOUR HOME?
High sale-to-list ratios and low days on market indicate that well-positioned properties are still commanding top dollar. However, real estate strategies must be tailored town by town—and often block by block.

As a top-performing agent in Morris County and a member of the Coldwell Banker Global Luxury network, I provide my clients with bespoke pricing strategies, global marketing reach, and unmatched local expertise.

Ready to understand your home's true positioning in today's market?

📩 Send a direct message or call/text 973-294-8887 today for a complimentary, no-obligation home valuation.

The Bruen Team | Coldwell Banker Realty
🌐 Coldwell Banker Global Luxury Member
📞 973-294-8887

09/12/2026

Join me for an Open House this Saturday and Sunday from 1:00 PM to 3:00 PM at 9 Delmar Ave. Listed at $599,000, this fully renovated 2-bedroom, 1-bath Cape Cod features super low taxes, a private yard, and zero HOA fees. Plus, you will be steps from local favorites in the Fairchild neighborhood and just minutes from downtown Morristown!

Live the ultimate lifestyle today! ✨ Click the link in my bio for the full virtual tour, or stop by this weekend to see it in person.

📍 9 Delmar Ave, Morris Twp, NJ
💵 $599,000 | 🛏️ 2 Beds | 🛁 1 Bath

EXPLORE MORE: 9DelmarAve.com
Ryan J. Bruen, CPA | Sales Associate
Coldwell Banker Realty
📱 (973) 294-8887 | 🌐 BruenRealEstate.com

09/11/2026

The Fall Real Estate Market is officially here in Morris County! 🍂 We’ve all been waiting for the post-Labor Day surge in inventory, but the data this week reveals a very interesting trend.

In my latest weekly update, I break down the numbers across Morristown, Chatham, Madison, Harding, Morris Plains, Mendham, Chester, Bernardsville, Basking Ridge, and Randolph.

Here is what you need to know:
We saw 72 new homes come on the market this week—a 57% increase from last week. Town-by-town, we saw massive listing spikes in Madison (133%), Mendham (100%), and Morristown (89%).

However, total active inventory remained completely flat at 280 homes. What’s causing this? Many sellers pulled their homes off the market during the late summer lull and re-listed them after Labor Day to appear as fresh inventory.

Buyer demand remains fierce. The 20 homes that sold this past week went for an average of 3.9% over the asking price, with Madison and Morristown seeing homes close at 8.5% to 9.3% over list!

My advice for the Fall Market: It is just as competitive as the spring, but the window is significantly shorter. Do not wait for the data to catch up to the reality on the ground. If you are considering buying or selling, we need to make a move now.

Watch the full video for the complete breakdown, and message me directly to schedule a private consultation.

09/09/2026

Just Listed TODAY in Morris Township! 🏡✨Ditch the condo fees and discover your perfect townhouse alternative! Nestled in the Fairchild neighborhood, this completely renovated Cape Cod features super low taxes, a private yard with a wooden deck, and unbeatable walkability to local favorites like Jersey Artisan Cafe and Lovey's Pizza. Want to know exactly what makes living here so special? Click the link below to read the full story and take a virtual tour! 👇

📍 9 Delmar Ave, Morris Plains, NJ (Morris Township)

EXPLORE MORE & SCHEDULE A PRIVATE SHOWING:
View full details at 9DelmarAve.com

From morning coffee on the screened-in porch to evenings out in downtown Morristown, discover the ultimate suburban lifestyle upgrade.

09/08/2026

📊 What is the current housing market like in Morris County, NJ? If you are considering buying or selling, your biggest advantage is working with an agent who understands the hyper-local data.

As a top-producing agent with The Bruen Team and a Coldwell Banker Global Luxury specialist, I analyze these Morris County real estate trends weekly so my clients can make confident, informed decisions. This week’s data shows a highly competitive landscape with distinct trends across our local towns:

✅ Seller’s Markets in Commuter Hubs: Morristown and Morris Plains are experiencing intense buyer competition. Morristown properties are currently closing at a staggering 111.2% of their list price. Meanwhile, Morris Plains homes are selling in an average of just 6 days, securing 108% of the list price.
✅ Luxury Real Estate Strength: Harding Township leads our high-end market this week with an average sale price of $3,075,000. Neighboring luxury markets including Chatham ($1.23M), Madison ($1.57M), Mendham ($1.36M), and Chester ($1.41M) are maintaining exceptional property values and steady market times.
✅ Highest Buyer Opportunity: For those looking to purchase, Randolph currently holds the highest inventory in our watch group with 36 active listings, seeing 6 homes successfully go under contract this week.

What does this data mean for your home?
Don’t just read the numbers—understand your position in this market. Whether you are curious about your current equity or planning a move, I am here to provide expert guidance.

📲 Send me a direct message for a custom, no-obligation home valuation.
📞 Call/Text: 973-294-8887
🏢 The Bruen Team | Coldwell Banker Realty

09/04/2026

Happy Labor Day Weekend, Morris County! 🇺🇸 While many of us are enjoying the final days of summer, the local housing market is already gearing up for its next big phase: The Fall Market. 🍂

In my latest weekly update, we dive into what you can expect as we transition out of August. Historically, the fall real estate market is just as robust and active as the spring—but it happens in a much tighter window. By the time we fully understand the fall trends, the season is often already over.

If you are thinking about making a move before the end of the year, preparation and agility are going to be your best assets.

Here is a quick look at the numbers this week across our local towns (Morristown, Chatham, Madison, Harding, Morris Plains, Mendham, Chester, Bernardsville, Basking Ridge, and Randolph):
🔹 Inventory: We currently have 250 active homes on the market.
🔹 New to Market: 39 new listings hit the market this week (an 18% jump!).
🔹 Sales: 36 homes successfully closed, selling on average for $1,294,000—which is 2.8% over the asking price.
🔹 Standout Towns: Morristown and Morris Township saw homes closing at a staggering 11.2% over the list price!

Whether you are looking to list a luxury property or searching for your next family home, having an experienced, data-driven agent by your side makes all the difference in a fast-paced market.

Watch the full video for the complete breakdown, and let me know in the comments—do you think this fall market will outpace the spring? 👇