Highball!

Welcome to another edition of Highball!

Highball! takes a look at home sales from a different perspective. For those new to Highball!, a highball offer is when a buyer offers a higher bid than asking in hopes that the seller accepts the offer. We take a list of recent home sales and pick out the sales that have the highest percentage difference between original list price and selling price.

The purpose of Highball! is to show buyers that the market has changed and buyers now have considerably less leverage than sellers. Just a short time ago, Lowball! offers would have been laughed at and discarded, and they still are. The fact that so many over-asking offers are being accepted is clear proof that the market is changing.

80 Lexington Ave. Cresskill
Listed: $454,000 Sold: $460,000
50 Strawberry Hill Rd. Hillsdale
Listed: $919,000 Sold: $960,000
19 Glen Place. Old Tappan
Listed: $620,000 Sold: $680,000
729 Gettysburg Paramus
Listed $679,000 Sold: $700,00
205 Peters Place River Vale
Listed $525,000 SOLD: $625,000***
501 Bernita Drive, River Vale
Listed: $979,000 Sold: $989,000
35 Quail Run Old Tappan
Listed: 549,000 Sold: $560,000
31 Central Ave., Old Tappan
Listed: $349,777 Sold: $369,000"

http://realtytimes.com/rtmcrcond/New_Jersey~Bergen_County~paulaclark