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Pennington, New Jersey Real Estate - Market Report - January - October 2008

Desiree Daniels

market report desiree daniels team

 

Monthly Statistics for the Date Range Selected

Date

Units Listed


Listed Average

Pended

Units Sold

Sold Volume

Sold Average

Average DOM










Sep 2008

4


448,350

2

3

1,499,500

499,833

60

Aug 2008

5


435,349

0

3

1,172,400

390,800

45

July 2008

2


582,000

1

3

1,994,000

664,666

25

June 2008

3


464,800

5

6

3,168,400

528,066

60

May 2008

6


578,816

4

4

2,216,500

554,125

51

Apr 2008

9


508,866

2

5

1,817,000

363,400

111

Mar 2008

5


566,480

9

0

N/A

N/A

N/A

Feb 2008

5


655,280

1

0

N/A

N/A

N/A

Jan 2008

7


496,857

1

3

1,443,000

481,000

126

 

 


 

 

 

 

 

 

Totals:

46


525,392

25

27

13,310,800

492,992

70

 

 

 

 

 

 

 

 

 

Inventory Accumulation for the Last 12 Full Months

 

 

 

 

 

Current Inventory *

Inventory Volume

Current Average

Average Monthly Sales**

Inventory Accumulation ***

20

10,584,150

529,207

3

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

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices

Maximum Prices

Average Prices

Original List Price : $199,900

Original List Price: $979,000

Original List Price: $522,355

Sold Price : $185,000

Sold Price: $899,000

Sold Price: $492,992

 

 

 

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

http://www.robbinsvillehomesforsale.com/006AB1

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New Jersey Real Estate Voice Leave a comment »    Posted by Desiree Daniels     October 09, 2008 13:16:18

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