search New Jersey Homes for sale Robbinsville NJ real estate New Jersey Real Estate Market New Jersey Real Estate Agents

Pennington New Jersey Real Estate Market Report - May 2008

Desiree.Daniels

 

Pennington New Jersey Real Estate Market Report

Pennington New Jersey Real Estate Market Report - May 2008

Market Statistics

 Monthly Statistics for the Date Range Selected

Date

Units Listed

Listed Volume

Listed Average

Pended

Units Sold

Sold Volume

Sold Average

Average DOM

May 2008

1

779,000

779,000

0

1

657,500

657,500

22

Apr 2008

8

4,700,300

587,537

2

5

1,817,000

363,400

111

Mar 2008

5

2,988,700

597,740

7

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

3,521,000

503,000

1

3

1,443,000

481,000

126

 

 

 

 

 

 

 

 

 

Totals:

26

15,290,400

588,092

11

9

3,917,500

435,277

106

 

 

 

 

 

 

 

 

 

 Inventory Accumulation for the Last 12 Full Months

 

 

 

 

 

Current Inventory *

Inventory Volume

Current Average

Average Monthly Sales**

Inventory Accumulation ***

25

13,189,400

527,576

3

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 : $199,900

Original List Price: $695,000

Original List Price: $471,322

Sold Price : $185,000

Sold Price: $710,000

Sold Price: $435,277

 

 

 

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

 

Market Statistics Criteria Used

Date Range:

1/2008 to 5/2008

Price Range:

$0 to $999,999,000

Property Category:

Residential

Area:

Pennington Boro

 

http://www.robbinsvillehomesforsale.com/003266

digg meRedditnewsvinedel.icio.usTechnorati
New Jersey Real Estate Voice Leave a comment »    Posted by Desiree.Daniels     May 06, 2008 @ 12:01 pm

No comment yet...

Comment on this article


Your email address will not be displayed.


Your URL will be displayed.

Standard HTML is allowed in posts

Line breaks become <br />


Remember me


Allow users to contact you through a message form.
Captcha image.

Please enter the characters from the image above. (case insensitive)

This post has no feedback awaiting moderation...