Robbinsville, New Jersey Real Estate - Market Report September 2008

Robbinsville, New Jersey Real Estate - Market Report September 2008

robbinvsille New Jersey Market Report by Desiree Daniels

I am pleased to report that in Robbinsville, New Jersey, Real Estate Sales are up!! There have been a reported 32 sales for the month of August. This is huge since the monthly average for the year is 16. We’ve doubled the closed sales in August!!! It does appear that the pending contracts are down for the month but I believe as a professional that once kids get settled into school and everyone returns home from their summer holidays, September and October will be more banner months.

If your thinking of selling, now is the time don’t miss out on a great opportunity. Timing is very important in the real estate industry. Contact the Desiree Daniels Team at (609) 448-2222 (home) or (609) 587-9300 Ext 312 for all your real estate needs.

We are the #1 Real Estate in Robbinsville New Jersey, 2005, 2006, 2007 and soon 2008! Why call anyone else!

Monthly Statistics for the Date Range Selected

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM

Aug 2008	26	10,960,162	421,544	8	32	12,382,053	386,939	79
July 2008	25	9,351,849	374,073	22	19	7,190,800	378,463	52
June 2008	41	17,360,526	423,427	21	27	9,755,471	361,313	66
May 2008	36	17,692,935	491,470	27	12	5,476,290	456,357	89
Apr 2008	35	12,555,100	358,717	19	11	4,169,400	379,036	54
Mar 2008	50	24,170,765	483,415	13	6	2,488,900	414,816	112
Feb 2008	37	21,440,354	579,469	13	9	3,729,500	414,388	58
Jan 2008	41	17,219,388	419,985	11	10	3,095,291	309,529	137

Totals:	291	130,751,079	449,316	134	126	48,287,705	383,235	76

Inventory Accumulation for the Last 12 Full Months


Current Inventory *	Inventory Volume	Current Average	Average Monthly Sales**	Inventory Accumulation ***
137	63,102,529	460,602	16	8

*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 : $184,000	Original List Price: $949,000	Original List Price: $406,387
Sold Price : $165,000	Sold Price: $949,000	Sold Price: $383,235