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princeton nj real estate statistics: Princeton NJ Real Estate Prices of Houses Sold - 01/19/08 10:39 PM
Median Prices for Houses Sold in Princeton Township, Princeton Borough, Hopewell Township, Hopewell Borough, Pennington, West Windsor, and Montgomery Township in 2004-20007.
The media and the press over the past year have been providing the gloom and doom information about the real estate. Some acknowledge that real estate is local, yet still aggregate it to the national level, which to buyers and sellers in the greater Princeton area has little relevance.
What is important for them is the understanding of the local market. For the period of 2004- 2007 the median house prices have increased in all of the above towns.Granted, looking … (1 comments)
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princeton nj real estate statistics: Princeton NJ Real Estate - Prices of Houses Sold - 01/15/08 05:33 PM
Average Price Of Houses and Condos Sold in 2004 – 2007The prices of homes and what is happening in the Princeton real estate market is always on the minds of the homeowners. It is even more so now, given the economic uncertainties of the effects of the sub prime mortgage fall out and the possible recession. The price of the homes sold is one of the indicators of the real estate market.Looking at the period of 2004-2007, the news for Princeton is still positive - 17% increase in the average price of houses sold over the period. The biggest inverse occurred … (0 comments)
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princeton nj real estate statistics: Princeton NJ Real Estate - How To Buy a House In this Market - 12/27/07 02:53 PM
Princeton Real Estate – Secrets to success for home buyersShould we buy a Princeton area home now or wait for the Princeton real estate prices to go down? Would the Princeton home prices go down and when? What do I need to know to know when negotiating to buy a home in Mercer county? These are the questions that the smart Princeton home buyers are asking? Here are the articles that could help answers some of these questions. When I refer to the greater Princeton area it includes the neighboring towns of Hopewell, West Windsor, Lawrenceville and Montgomery Township.
What can you … (1 comments)
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princeton nj real estate statistics: Princeton NJ real estate - Real estate market statistics - 12/23/07 08:30 AM
Princeton NJ real estate is something the buyers, sellers and home owners always want to understand. What are the real estate prices? How long does it take to sell Princeton homes for sale? What is the Princeton real estate market outlook? What are the trends? All these questions can be examined by looking at the Princeton real estate market statistics.
I have compiled a list of helpful articles on the Princeton area real estate statistics.
Princeton real estate -how long to sell? Market statistics November 2007Princeton real estate -how long does it take to sell?Princeton real estate - What is the market -statistics?What … (2 comments)
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princeton nj real estate statistics: Princeton real estate - How long to sell?Market statistics - 12/18/07 07:00 PM
Princeton real estate sellers are often concerned with the length of time it could take to sell their home. This is one of the most frequently asked questions by the home sellers: “How long will it take to sell my home?” This question is on the sellers mind even in the strong markets, but it is a serious concern now, following the sub prime mortgage problems and the weakness in many real estate markets. There are no guaranteed answers to this question, and there are many factors that influence how long it takes to sell a particular house, price, condition and … (3 comments)
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princeton nj real estate statistics: Princeton real estate - How long to does it take to sell? - 12/16/07 11:45 PM
Princeton real estate - How long does it take to sell the house in this market? Does the mortgage crisis affect Princeton as much as other areas of the country? in terms of time it takes to sell, are there differences between the Princeton Borough and Princeton township markets? One way to look at the market is to consider how long does it take to sell a house. The most interesting part of this analysis is that only a relatively small percentage of houses takes longer then 6 months to sell, and that a quarter of houses sold in less then … (5 comments)
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princeton nj real estate statistics: Princeton NJ real estate market treds - 10/21/07 06:29 PM
What's going on in the Princeton real estate?
Do you want to know where Princeton real estate market is headed? Do you want to know what happened and, even more importantly, what will happen to the value of your home in Princeton? To make the whole situation even more confusing is the fact that there are actually two Princetons, - Princeton Borough and Princeton Township, which can behave differently in respect to the real estate market. Recently it’s been difficult to really understand what’s going on. For every time I heard that the market is terrible, there was someone saying, … (4 comments)
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princeton nj real estate statistics: Princeton Real Estate -Are the House Prices Up or Down? - 09/12/07 04:38 PM
The questions about the condition of the market are always on the mind of homeowners. Now, with all the credit woes and many predictions of weakness in the economy and possible recession, answers to these questions are more important than ever. Like with many statistical approaches the answer may not be obvious. To better understand the situation, we can look at it in two different ways. The first is to look at the home prices in general; the second is to look at the prices of the same properties that sold both in 2004/2005 and in the last 12 months.
… (8 comments)
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princeton nj real estate statistics: Princeton Real Estate - What is the outlook? - 09/07/07 11:36 AM
Princeton Real Estate as well as Montgomery and Hopewell Townships have declines in the numbers of "pended" units in August 2007 vs. 2006. A sale is listed as Pending when the seller accepts a sales contract on the property. The reason this number is significant is because it is an indication of number of sales in the several months. About 80% of pending home sales usually close within two months. When the index falls it signifies weakening of the housing market. With the tightening of credit it is possible that some buyers will pull out of pending transactions and that less … (0 comments)
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princeton nj real estate statistics: Princeton Real Estate - What does $300,000 buy? - 09/03/07 09:23 AM
You can find a four bedroom single-family home close to Princeton, NJ for less then $300,000. Given the real estate prices for areas with convenient commute this is, to coin an expression "A Good Thing". Here are three communities where you can buy a house for less than $300,000. The statistics is based on the houses sold in the last 12 months.*
Hopewell Township and Borough: < $225,000 - 3 houses sold
$225,000 - $300,00 - 7 houses sold
Pennington: < $225,000 - no houses sold
$225,000- $300,000 - 2 houses sold
Lawrenceville: < $225,000 - 3 houses sold, one … (0 comments)
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princeton nj real estate statistics: Princeton Real Estate - What You Get for less than $500K - 09/01/07 08:37 AM
In and around Princeton home prices and what you get for your dollar varies greatly from community to community. Here is a quick look at what $500K and less bought in the less 6 months.
Princeton Borough and Township - 11 single family homes were sold, four of them had 3-bedrooms, the other -less. In multifamily category, such as townhouses and condos, 12 homes were sold.Montgomery Township - 14 single family homes were sold, four of them 4-bedrooms, the others - less. In the multifamily - 52 homes sold.West Windsor - 42 homes single family homes sold, seven of them 4-bedrooms, the … (2 comments)
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princeton nj real estate statistics: What is Going On In The Princeton Real Estate Market? - 08/30/07 10:04 AM
I get asked this question many times a day. We all want to know how and if the turmoil and uncertainty of the broader markets affect our local real estate market. There is, unfortunately, no one answer that explains it all. That's why we may read so many contradictory views in the press and from the experts. In this post I wanted to give you some data to consider for the greater Princeton area - West Windsor, Hopewell and Montgomery Township.Average Price Sold - 2007 vs. 2006Princeton Township and Borough and Hopewell have increases in the average sale price year-to-date, respectively: … (0 comments)
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Faina Sechzer - Princeton, Montgomery, Hopewell, NJ Real Estate Expert
Princeton,
NJ
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Henderson-Sotheby's International Realty
Office Phone: (609) 924-1000 x 144
Cell Phone: (609) 553-4175
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