Well with another month gone we are quickly approaching the fall market. Hamilton Township, Mercerville, Yardville, Hamilton is still holding steady with a current supply of homes at six (9) months. As mentioned in previous monthly reviews, this is above what we would consider a "great" market but still consistent with contacts every month. The ideal market supply is six (6) months or less.
I strongly believe we still have some "fire" left in the 2007 market place and if you are considering a move you might want to consider it strongly before the year end. And with the extra supply of homes and the recent reduction in interest rate it might be a perfect time for you to buy.If you want a no-hassle free market analysis please don't hesitate to contact myself or my team at (609) 448-2222. We are here to answer are your real estate questions,
The Desiree Daniels Team............... Here to serve you!!! 
Monthly Statistics for the Date Range Selected
Date | Units Listed | Listed Volume | Listed Average | Pended | Units Sold | Sold Volume | Sold Average | Average DOM |
Oct 2007 | 15 | 4,407,360 | 293,824 | 2 | 2 | 315,000 | 157,500 | 39 |
Sep 2007 | 146 | 43,744,632 | 299,620 | 39 | 64 | 17,533,500 | 273,960 | 76 |
Aug 2007 | 171 | 48,011,163 | 280,767 | 76 | 96 | 25,786,910 | 268,613 | 78 |
July 2007 | 158 | 44,464,516 | 281,420 | 82 | 89 | 24,172,446 | 271,600 | 79 |
June 2007 | 198 | 55,821,719 | 281,927 | 96 | 106 | 28,816,375 | 271,852 | 75 |
May 2007 | 212 | 62,822,522 | 296,332 | 104 | 110 | 27,714,438 | 251,949 | 77 |
Apr 2007 | 203 | 58,402,728 | 287,698 | 103 | 101 | 26,677,730 | 264,135 | 82 |
Mar 2007 | 185 | 52,961,717 | 286,279 | 122 | 97 | 23,450,956 | 241,762 | 93 |
Feb 2007 | 149 | 44,119,114 | 296,101 | 81 | 68 | 16,919,099 | 248,810 | 88 |
Jan 2007 | 178 | 49,361,065 | 277,309 | 102 | 82 | 21,978,570 | 268,031 | 93 |
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Totals: | 1615 | 464,116,536 | 287,378 | 807 | 815 | 213,365,024 | 261,797 | 82 |
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Inventory Accumulation for the Last 12 Full Months
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Current Inventory * | Inventory Volume | Current Average | Average Monthly Sales** | Inventory Accumulation *** |
741 | 229,720,074 | 310,013 | 81 | 9 |
*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 : $1,200 | Original List Price: $1,800,000 | Original List Price: $279,083 |
Sold Price : $1,200 | Sold Price: $1,730,000 | Sold Price: $261,797 |
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Inventory Accumulation figures are only calculated when Report End Month is the current month
Market Statistics Criteria Used | |
Date Range: | 1/2007 to 10/2007 |
Price Range: | $1,000 to $70,000,000 |
Property Category: | Residential, Lots&Land, Multifamily, Commerical |
Area: | Hamilton Twp |
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