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 location being among the most important. That said, it is helpful to look at the data and separate the emotional issues that are always present in selling your home, and focus on the numbers.
The following are the tables that show how many days the houses were on the market in Princeton Borough and Princeton Township in the period January 2007 –November 2007.
The chart bellow compares Days on the market in 2007 vs. 2006 during January - November time frame.
Data is based on Trend and is deemed reliable, but is not guaranteed.
Read “How Long does it take to sell in Princeton” for more analysis of time to sell.
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Please contact Faina Sechzer at 609-553-4175 when looking for real estate, homes for sale and/or listing your house to sell, and relocation assistance in Princeton, Montgomery Township, West Windsor, Hopewell, and Lawrenceville New Jersey. Referrals are accepted.
If you are moving out of the greater Princeton area, please inquire about the countrywide relocation program.
Copyright 2007 Faina Sechzer All rights reserved. This information cannot be copied, reproduced, transmitted, distributed, displayed or published.
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