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West Windsor New Jersey Real Estate Market Report - May 2008

Desiree.Daniels

 West Windsor New Jersey Real Estate Market Report

 West Windsor New Jersey Real Estate Market

 Report for May 2008

 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

5

2,626,600

525,320

1

3

1,377,000

459,000

55

Apr 2008

61

40,161,899

658,391

31

16

7,731,000

483,187

57

Mar 2008

56

34,541,760

616,817

34

21

9,532,840

453,944

83

Feb 2008

45

24,585,388

546,341

26

10

4,222,800

422,280

78

Jan 2008

40

24,183,327

604,583

10

20

11,222,854

561,142

93

 

 

 

 

 

 

 

 

 

Totals:

207

126,098,974

609,173

102

70

34,086,494

486,949

78

 

 

 

 

 

 

 

 

 

 Inventory Accumulation for the Last 12 Full Months

 

 

 

 

 

Current Inventory *

Inventory Volume

Current Average

Average Monthly Sales**

Inventory Accumulation ***

148

96,734,006

653,608

27

5

*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 : $219,900

Original List Price: $1,279,000

Original List Price: $526,193

Sold Price : $175,000

Sold Price: $1,145,000

Sold Price: $486,949

 

 

 

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:

$1,000 to $999,999,000

Property Category:

Residential

Area:

West Windsor Twp

 

http://www.robbinsvillehomesforsale.com/00321C

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New Jersey Real Estate Voice Leave a comment »    Posted by Desiree.Daniels     May 05, 2008 09:25:41

Selling your home in Robbinsville, New Jersey - Spring Tips

Desiree.Daniels

Spring Selling Tips for Robbinsville, New Jersey HomeownersWashington Town Center


Thinking about selling your Robbinsville home?  Well spring is here and I thought some spring-selling tips might be helpful to get your home ready for todays market.

We need to look at the outside of your home first.     Take a minute and approach your home from the road and look at it with ˜buyer eyes.     There are always the regular spring maintenance we do to our homes when the weather breaks.   But now is the time to pay attention to detail.

Buyers are still buying homes, but they are certainly approaching the home buying process differently.    In recent past years, the buyers were fueled by lack of inventory and emotion.   Now with the market adjusting as it has, it more about the pricing and condition.  

Read more »

http://www.robbinsvillehomesforsale.com/002D50

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New Jersey Real Estate Voice Leave a comment »    Posted by Desiree.Daniels     April 16, 2008 12:05:35

West Windsor, New Jersey Market Report - April 2008

Desiree.Daniels

  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

Apr 2008

4

2,367,800

591,950

0

1

345,000

345,000

100

Mar 2008

55

34,504,276

627,350

25

19

8,830,840

464,781

86

Feb 2008

45

24,904,788

553,439

26

10

4,222,800

422,280

78

Jan 2008

40

24,470,839

611,770

10

20

11,222,854

561,142

93

 

 

 

 

 

 

 

 

 

Totals:

144

86,247,703

598,942

61

50

24,621,494

492,429

88

  

  

  

  

  

  

  

  

  

 

Inventory Accumulation for the Last 12 Full Months

Read more »

http://www.robbinsvillehomesforsale.com/002B06

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New Jersey Real Estate Voice Leave a comment »    Posted by Desiree.Daniels     April 05, 2008 11:38:34

West Windsor - Redevelopment

Desiree.Daniels

State Transportation Funds for Vaughn Drive Connector in West Windsor Tied to Redevelopment Plan

 

The New Jersey Department of Transportation recently informed West Windsor Mayor Shing-Fu Hseuh that State funding for the Vaughn Drive Connector at the Princeton Junction Train Station will not be available until the township develops a mixed- use redevelopment plan for the west side of the Northeast Corridor train tracks. The Township was estimated to receive $19 million for the project, which would have covered roughly half the cost of the mile- long road.

The so-called Vaughn connector has been long- viewed as a way to ease congestion and increase flow between Alexander Road and Route 571. The road would give drivers the option to travel between the two major roads without having to use Route One or snake through the established neighborhoods that surround the train station. With the redevelopment plan still in flux, how and if the road moves forward remains to be seen.

http://www.robbinsvillehomesforsale.com/002AC8

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New Jersey Real Estate Voice Leave a comment »    Posted by Desiree.Daniels     April 03, 2008 11:42:53

West Windsor - Zoning Changes

Desiree.Daniels

West Windsor Revises Proposed Zoning Changes

 

After receiving much push back from residents on the proposed zoning changes that would have affected nearly 80 percent of all single family homes in West Windsor, the planning board broke down the rules into nine smaller measures. The board separated the rules after coming to the conclusion that the original two zones would have created an environment where people could purchase adjoining lots and subdivide them into smaller, denser developments. The board also felt that the proposed zones-in their original form-could have increased the likelihood of construction of very large houses on some of the township's smaller lots.

The rules still bring the township zoning laws in line with West Windsor's 2002 Master Plan, but now consider the character of each neighborhood and strive to protect it. The nine revised proposals will be presented again at the Planning Board's May 14 meeting. For more information about the new zoning rules, contact West Windsor Land Use Manager Samuel Surtees at 609-799-9448.

http://www.robbinsvillehomesforsale.com/002AC6

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New Jersey Real Estate Voice Leave a comment »    Posted by Desiree.Daniels     April 03, 2008 10:27:51