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

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
This post has no comments awaiting moderation.
|