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Middlesex County NJ Real Estate Statistics - May 2011

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

Middlesex County NJ Real Estate Statistics - May 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 April 2011* March 2011** April 2010* April/March 2011 (%) April 2011/ April 2010 (%)
Active Inventory 3100 3001 2874 3.3% 7.9%
Pending Sales 262 273 n/a -4.0% n/a
Buyers per 100 Sellers 8 per 100 9 per 100 n/a n/a n/a
New Homes Listed 823 875 935 -5.9% -12.0%
Sold Homes 238 230 286 3.5% -16.8%
Median Sold Price (MSP) $265,000 $266,250 $320,000 -0.5% -17.2%
Average Sold Price (ASP) $304,030 $291,528 $341,680 4.3% -11.0%
Sold Price/Asking Price (SP/AP) 94.33% 93.90% 95.00% 0.5% -0.7%
Days on Market (DOM) 116 105 86 10.5% 34.9%
Days of Inventory (DOI) or Absorption Rate 404 404 312 0.0% 29.5%

Middlesex County Real Estate Statistics Calculated on *Saturday 05/14/2011 ** Friday 04/15/2011

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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 Sales Award -  2009, 2010
Agent Leadership Council
Metuchen Keller Williams Realty.
Middlesex County NJ Market Center-

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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
 
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