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

Desiree Daniels

market report by 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

Nov 2008

3

1,383,500

461,166

0

1

310,000

310,000

55

Oct 2008

4

2,126,900

531,725

1

1

315,000

315,000

8

Sep 2008

4

1,613,000

403,250

2

3

1,499,500

499,833

60

Aug 2008

5

2,148,500

429,700

0

3

1,172,400

390,800

45

July 2008

2

1,148,000

574,000

1

3

1,994,000

664,666

25

June 2008

3

1,344,400

448,133

5

6

3,168,400

528,066

60

May 2008

6

3,458,900

576,483

4

4

2,216,500

554,125

51

Apr 2008

9

4,579,800

508,866

2

5

1,817,000

363,400

111

Mar 2008

5

2,832,400

566,480

9

0

N/A

N/A

N/A

Feb 2008

5

3,276,400

655,280

1

0

N/A

N/A

N/A

Jan 2008

7

3,468,000

495,428

1

3

1,443,000

481,000

126

 

 

 

 

 

 

 

 

 

Totals:

53

27,379,800

516,600

26

29

13,935,800

480,544

67

 

 

 

 

 

 

 

 

 

 

Inventory Accumulation for the Last 12 Full Months

 

 

 

 

 

Current Inventory *

Inventory Volume

Current Average

Average Monthly Sales**

Inventory Accumulation ***

20

10,065,800

503,290

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

 

http://www.robbinsvillehomesforsale.com/008508

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New Jersey Real Estate Voice Leave a comment »    Posted by Desiree Daniels     November 29, 2008 16:03:19

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