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

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Princeton, New Jersey Real Estate - Market Report - May 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
May 2009	12	13,126,400	1,093,866	0	3	2,118,000	706,000	233
Apr 2009	56	72,733,430	1,298,811	18	12	17,925,000	1,493,750	109
Mar 2009	46	51,457,988	1,118,651	17	8	12,285,100	1,535,637	114
Feb 2009	34	40,720,800	1,197,670	8	6	4,859,000	809,833	163
Jan 2009	33	49,449,300	1,498,463	8	14	10,527,500	751,964	62

Totals:	181	227,487,918	1,256,839	51	43	47,714,600	1,109,641	111

Inventory Accumulation for the Last 12 Full Months


Current Inventory *	Inventory Volume	Current Average	Average Monthly Sales**	Inventory Accumulation ***
206	283,365,302	1,375,559	16	12

*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 : $270,000	Original List Price: $10,000,000	Original List Price: $1,316,809
Sold Price : $242,000	Sold Price: $6,250,000	Sold Price: $1,109,641

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Leave a comment » Posted by Desiree Daniels May 06, 2009 22:28:20

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