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Middlesex County NJ Real Estate Statistics - April 2011

By
Real Estate Agent with Metuchen Keller Williams Elite Realty / Middlesex County, NJ

Middlesex County NJ Real Estate Statistics - April 2011

Those Middlesex County real estate statistics include residential one family only. They do not include townhouses, condos, co-ops, multi-family, commercial properties, etc... Data is from the Middlesex County Multi Listing System (MLS) and is the basis for our Middlesex County NJ real estate statistics and market commentary.

Middlesex County Real Estate Statistics March 2011* February 2011** March 2010* Mar/Feb 2011 (%) Mar 2011/ Mar 2010 (%)
Active Inventory 3001 2800 2763 7.2% 8.6%
Pending Sales 273 200 n/a 36.5% n/a
Buyers per 100 Sellers 9 per 100 7 per 100 n/a n/a n/a
New Homes Listed 875 603 971 45.1% -9.9%
Sold Homes 230 180 268 27.8% -14.2%
Median Sold Price (MSP) $266,250 $285,000 $306,250 -6.6% -13.1%
Average Sold Price (ASP) $291,528 $322,566 $326,139 -9.6% -10.6%
Sold Price/Asking Price (SP/AP) 93.90% 93% 94.56% 1.0% -0.7%
Days on Market (DOM) 105 126 77 -16.7% 36.4%
Days of Inventory (DOI) or Absorption Rate 404 482 320 -16.1% 26.6%

Middlesex County Real Estate Statistics Calculated on * Friday 04/15/2011 **Saturday 03/12/2011

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Piscataway real estate , Metuchen real estate, North Edison real estate, Fords real estate, Iselin real estate and Woodbridge real estate in greater Middlesex County, New Jersey.

 

Catherine "Cathy" Chaudemanche Team
Local Realtor Associate
NJAR circle of excellence - Bronze 2009, 2010
Agent Leadership Council
Metuchen Keller Williams Realty.
Middlesex County NJ Market Center-

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Previous posts and achives for Middlesex County Real Estate Statistics and Market Commentary

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Catherine "Cathy" Chaudemanche Team, ABR, SRS, SRES
Local Realtor Associate - Agent Leadership Council
New Jersey Association of Realtors Circle of Excellence Sales Award - 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018
Certified Luxury Home Marketing Specialist
 
Keller Williams Elite Realty 
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