Lawrence, New Jersey Real Estate - Market Report February 2009 - The Real Voice of New Jersey Real Estate

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Lawrence, New Jersey Real Estate - Market Report February 2009

Desiree Daniels

Monthly Statistics for the Date Range Selected

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Feb 2009	12	5,121,700	426,808	3	6	1,485,000	247,500	122
Jan 2009	42	16,002,399	381,009	16	13	3,658,750	281,442	96
Dec 2008	17	8,430,850	495,932	17	13	3,721,000	286,230	66
Nov 2008	28	12,950,237	462,508	14	19	5,653,500	297,552	70

Totals:	99	42,505,186	429,345	50	51	14,518,250	284,671	82

Inventory Accumulation for the Last 12 Full Months


Current Inventory *	Inventory Volume	Current Average	Average Monthly Sales**	Inventory Accumulation ***
165	73,585,301	445,971	23	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 : $154,900	Original List Price: $683,900	Original List Price: $312,857
Sold Price : $140,000	Sold Price: $626,000	Sold Price: $284,671

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

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Leave a comment » Posted by Desiree Daniels February 12, 2009 10:54:58

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