Princeton, New Jersey Real Estate - Market Report February 2009 - The Real Voice of New Jersey Real Estate

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Princeton, New Jersey Real Estate - Market Report February 2009

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
Feb 2009	13	15,225,800	1,171,215	0	3	3,050,000	1,016,666	115
Jan 2009	30	45,727,800	1,524,260	8	14	10,527,500	751,964	62
Dec 2008	17	19,877,688	1,169,275	12	7	4,760,750	680,107	113
Nov 2008	23	35,086,900	1,525,517	9	8	8,220,000	1,027,500	88

Totals:	83	115,918,188	1,396,604	29	32	26,558,250	829,945	85

Inventory Accumulation for the Last 12 Full Months


Current Inventory *	Inventory Volume	Current Average	Average Monthly Sales**	Inventory Accumulation ***
138	197,905,585	1,434,098	19	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 : $259,888	Original List Price: $2,295,000	Original List Price: $925,923
Sold Price : $225,000	Sold Price: $2,050,000	Sold Price: $829,945

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

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Leave a comment » Posted by Desiree Daniels February 12, 2009 13:52:23

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