Princeton Real Estate - What You Get for less than $500K

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 others - less. Multifamily - 61 homes sold.

• Hopewell - 52 single family homes sold, nine - 4-bedrooms, the others - less. Multifamily -36 homes sold.

There are many homes in this price range on the market now.* Here is a look at what is available in the same communities:

• Princeton Borough and Township - 38 properties available, mostly 2 and a few 3 bedroom homes.

• Montgomery Township- 42 properties available, mostly 3 bedrooms and six - 4 bedroom homes. 

• West Windsor -  63 properties available, mostly 2 and 3 bedroom, two - 4 bedroom homes.

• Hopewell Township and Borough - 97 properties available, many 4 and 5 bedrooms and single family homes.

These statistics show that $500,000 or less affords an American dream of home ownership in the communities with great schools, good quality of life and convenient commute to New York and Philadelphia. Other posts you may be interested in:

                                            "What you get for less than $300,000" - to find out about this part of the market.

If you are selling or buying and have a question or need assistance call Faina Sechzer directly at 609-553-4175. 

Note: Information is based on Trend MLS as of 8/30/07, deemed reliable but not guaranteed.