Lawrence, New Jersey - Market Report February 2008 - The Real Voice of New Jersey Real Estate

Lawrence, New Jersey - Market Report February 2008

Monthly Statistics for the Date Range Selected

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Feb 2008	4	1,439,800	359,950	0	1	317,500	317,500	58
Jan 2008	62	23,920,577	385,815	6	14	5,280,450	377,175	149

Totals:	66	25,360,377	384,248	6	15	5,597,950	373,196	143

Inventory Accumulation for the Last 12 Full Months


Current Inventory *	Inventory Volume	Current Average	Average Monthly Sales**	Inventory Accumulation ***
215	118,270,429	550,095	32	6

*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

Contact Desiree Daniels, ABR, Realtor, and Licensed in New Jersey (609) 448-2222 or (609) 587-9300 ext 312. If you are interested in purchasing a property in Mercer, Burlington or Monmouth County. Or the Following Townships Robbinsville, Hamilton, Washington, Mercerville, Ewing, Lawrenceville, Hopewell, Bordentown City, Bordentown, Florence, Foxmoor, Town Center, Washington Town Center, Robbinsville Town Center, Sharbell

Minimum Prices	Maximum Prices	Average Prices
Original List Price : $179,900	Original List Price: $899,000	Original List Price: $419,833
Sold Price : $136,000	Sold Price: $810,000	Sold Price: $373,196

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

Market Statistics Criteria Used
Date Range:	1/2008 to 2/2008
Price Range:	$1,000 to $9,999,000
Property Category:	Residential, Lots&Land, Multifamily, Commerical
Area:	Lawrence Twp