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Pennington, New Jersey Real Estate - Market Report - June 2008

Desiree.Daniels

Pennington, New Jersey Real Estate Market Report

Monthly Statistics for the Date Range Selected

Date

Units Listed

Listed Volume

Listed Average

Pended

Units Sold

Sold Volume

Sold Average

Average DOM

June 2008

0

N/A

N/A

0

2

761,000

380,500

83

May 2008

6

3,605,400

600,900

3

4

2,216,500

554,125

51

Apr 2008

8

4,576,700

572,087

2

5

1,817,000

363,400

111

Mar 2008

5

2,978,800

595,760

8

0

N/A

N/A

N/A

Feb 2008

5

3,301,400

660,280

1

0

N/A

N/A

N/A

Jan 2008

7

3,488,000

498,285

1

3

1,443,000

481,000

126

 

 

 

 

 

 

 

 

 

Totals:

31

17,950,300

579,041

15

14

6,237,500

445,535

93

 

 

 

 

 

 

 

 

 

 Inventory Accumulation for the Last 12 Full Months

 

 

 

 

 

Current Inventory *

Inventory Volume

Current Average

Average Monthly Sales**

Inventory Accumulation ***

22

12,399,600

563,618

3

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 : $199,900

Original List Price: $899,000

Original List Price: $471,385

Sold Price : $185,000

Sold Price: $899,000

Sold Price: $445,535

 

 

 

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

 

Market Statistics Criteria Used

Date Range:

1/2008 to 6/2008

Price Range:

$1,000 to $999,999,000

Property Category:

Residential

Area:

Pennington Boro

 

http://www.robbinsvillehomesforsale.com/0039C9

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New Jersey Real Estate Voice Leave a comment »    Posted by Desiree.Daniels     June 08, 2008 20:42:26

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