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Princeton, New Jersey Real Estate Market Report - May 2008

Desiree.Daniels

 

Princeton New Jersey Real Estate Market Report

Princeton, New Jersey Real Estate Market Report - May 2008

Monthly Statistics for the Date Range Selected

 

Date

Units Listed

Listed Volume

Listed Average

Pended

Units Sold

Sold Volume

Sold Average

Average DOM

May 2008

3

5,175,000

1,725,000

1

3

4,792,500

1,597,500

122

Apr 2008

43

56,617,788

1,316,692

22

19

20,018,999

1,053,631

86

Mar 2008

39

42,645,688

1,093,479

31

15

13,125,485

875,032

202

Feb 2008

52

66,012,800

1,269,476

14

13

17,357,500

1,335,192

108

Jan 2008

46

57,925,190

1,259,243

15

12

17,318,000

1,443,166

102

 

 

 

 

 

 

 

 

 

Totals:

183

228,376,466

1,247,958

83

62

72,612,484

1,171,169

124

 

 

 

 

 

 

 

 

 

 Inventory Accumulation for the Last 12 Full Months

 

 

 

 

 

Current Inventory *

Inventory Volume

Current Average

Average Monthly Sales**

Inventory Accumulation ***

164

244,430,354

1,490,428

21

7

*Current Inventory is based on the actual available properties on the date this report was created.

**Average Monthly Sales is the average sales for the last 12 full months

***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sales

 Pricing Details of Sold Units for the Date Range Selected

Minimum Prices

Maximum Prices

Average Prices

Original List Price : $315,000

Original List Price: $4,725,000

Original List Price: $1,326,929

Sold Price : $285,000

Sold Price: $4,125,000

Sold Price: $1,171,169

 

 

 

 Inventory Accumulation figures are only calculated when Report End Month is the current month 

 

Market Statistics Criteria Used

Date Range:

1/2008 to 5/2008

Price Range:

$1,000 to $999,999,000

Property Category:

Residential

Area:

Princeton Boro
Princeton Twp

 

http://www.robbinsvillehomesforsale.com/00321E

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New Jersey Real Estate Voice Leave a comment »    Posted by Desiree.Daniels     May 05, 2008 09:36:39

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