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royster real esate: Somerset, NJ market analysis for February 2009 - 03/19/09 08:59 AM
Somerset, NJ market analysis for February 2009
Compared to January 2009
 
 
 
 
February:                                                              January:
Active Listings = 427                                                413                               
            Average LP = $ 380,646                                $ 381,568
New Listings    = 92                                                 97
            Average LP = $ 368,235                                $ 365,279
Under Contract= 30                                                  25
            Average LP = $ 361,916                                $ 305,498
Sold Listings    = 20                                                   24
            Average SP = $ 411,150                                $ 302,185
            Average DOM = 91                                        84
            Average SP/LP = 137%                                  95%
 
 
*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.  
 
 
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royster real esate: Realtor safety - 09/08/08 10:21 PM
Greetings to all. I just came across an article on-line "Homeowner Kills Real Estate Agent" which is very disturbing. Apparently this homeowner was misinformed as to why his home wasn't worth what he had originally paid over 3 years ago. It's a shame someone had to lose a life due to his lack of information.  
Someone should have told him that homes everywhere are experiencing a slump and that many people from all walks of life are experiencing foreclosure because of it. 
So to all Realtors out there lets continue to practice safety while doing our jobs, while upholding the … (3 comments)

royster real esate: Somerset, NJ market analysis for July 2008 - 08/10/08 07:53 PM
Somerset, NJ market analysis for July 2008
Compared to June 2008
 
 
 
 
July:                                                                   June:
Active Listings = 611                                                 615                               
            Average LP = $ 405,311                                 $ 404,451
New Listings    = 130                                                 123
            Average LP = $ 372,892                                 $ 363,821
Under Contract= 44                                                   72
            Average LP = $ 344,332                                 $ 352,139
Sold Listings    = 56                                                    70
            Average SP = $ 324,588                                 $ 362,776
            Average DOM = 95                                         99
            Average SP/LP = 96%                                     96%
 
 
*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.  
 
 
 
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royster real esate: Is there such a thing as a Sure Thing...? - 06/25/08 02:38 PM
In this business of real estate transactions, there is no such thing as a sure thing? After Big Brown's disappointing last place finish at the Belmont, I'm sure there are plenty of horse-racing fans that have come to that very same conclusion. I had a client that I for certain thought was a sure thing. A lot-hold was placed, a deposit was put down, and we were off and running. My client & I stayed in constant contact with each other. She literally called me every day at least 3 times a day, which I didn't mind at all. She was … (8 comments)

royster real esate: Bridgewater, NJ Market Analysis for May - 06/10/08 12:44 PM
Bridgewater, NJ market analysis for May 2008
Compared to April 2008
 
 
 
 
May:                                                                   April:
Active Listings = 396                                             412
            Average LP = $ 567,429                             $ 564,145
New Listings    = 75                                               110
            Average LP = $ 548,473                             $ 586,584
Under Contract= 46                                               45
            Average LP = $ 508,724                             $ 450,226
Sold Listings    = 36                                                25
            Average SP = $ 401,547                             $ 489,931
            Average DOM = 63                                     72  
            Average SP/LP = 96%                                 96%
 
 
*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.
 
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royster real esate: My MEME! Everything you've ever wanted to know... - 06/10/08 12:27 PM
Who is your favorite musical artist?
With a mother who was very much into gospel and a father who was into everything from soul, disco, jazz and rhythm & blues,  my musical influence goes as far back as I can remember. I have too many favorites to mention here, but to name a few: Stylistics, The Dramatics, Earth, Wind & Fire, Kool & the Gang, The Bee Gees, Michael Jackson, Prince, Maroon 5, A Tribe Called Quest, Eric B & Rakim, Jay-Z, Mary J. Blige, Nickleback, Raheem Devaughn.......

Who is your favorite artist?
My favorite artist I would have … (4 comments)

royster real esate: Franklin Twp Market Analysis for April - 05/07/08 11:21 AM
Somerset, NJ market analysis for April 2008
Compared to March 2008
 
 
April:                                                                   March:
Active Listings = 614                                                 592                               
            Average LP = $ 412,769                                 $ 414,864
New Listings    = 125                                                 141
            Average LP = $ 378,421                                 $ 385,792
Under Contract= 56                                                   53
            Average LP = $ 357,336                                 $ 370,326
Sold Listings    = 45                                                    43
            Average SP = $ 334,283                                 $ 328,410
            Average DOM = 79                                         77
            Average SP/LP = 97%                                     96%
 
*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.  
  … (0 comments)

royster real esate: Are Real Estate Agents really to blame? - 04/08/08 10:17 PM
I took the kids, my two little ones, and my niece & nephew, to The N.Y. Aquarium today in Cooney Island, NY. We had a pretty good time today. We saw sharks, walruses, giant turtles, seals, and a sting ray. We got a chance to catch the seal training show. The kids loved it.
On the way home back to NJ, while the kids watched Madagascar on the DVD player, I tuned in to the Michael Baisden show on 98.7 kiss FM. As soon as I turned on the radio I hear, "should Realtors be to blame for selling buyers homes … (21 comments)

 
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Eugene Jones

Somerville, NJ

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Weichert Realtors

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