Monthly Statistics for the Date Range Selected Date | Units Listed | Listed Volume | Listed Average | Pended | Units Sold | Sold Volume | Sold Average | Average DOM | Jan 2008 | 32 | 13,599,355 | 424,979 | 4 | 7 | 2,192,041 | 313,148 | 134 | Dec 2007 | 15 | 6,084,048 | 405,603 | 11 | 16 | 6,542,000 | 408,875 | 67 | Nov 2007 | 11 | 4,653,787 | 423,071 | 17 | 21 | 7,688,300 | 366,109 | 72 | Oct 2007 | 27 | 12,446,900 | 460,996 | 15 | 19 | 6,213,500 | 327,026 | 64 | Sep 2007 | 29 | 12,251,853 | 422,477 | 13 | 19 | 6,696,800 | 352,463 | 70 | Aug 2007 | 35 | 11,788,188 | 336,805 | 24 | 27 | 11,211,250 | 415,231 | 60 | July 2007 | 29 | 12,763,977 | 440,137 | 27 | 26 | 9,478,749 | 364,567 | 56 | June 2007 | 48 | 20,240,748 | 421,682 | 25 | 22 | 9,464,800 | 430,218 | 45 | | | | | | | | | | Totals: | 226 | 93,828,856 | 415,171 | 136 | 157 | 59,487,440 | 378,900 | 65 | | | | | | | | | |
Inventory Accumulation for the Last 12 Full Months | | | | | Current Inventory * | Inventory Volume | Current Average | Average Monthly Sales** | Inventory Accumulation *** | 93 | 42,852,866 | 460,783 | 20 | 4 |
*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 : $110,000 | Original List Price: $1,000,000 | Original List Price: $401,899 | Sold Price : $90,500 | Sold Price: $905,000 | Sold Price: $378,900 | | | |
Inventory Accumulation figures are only calculated when Report End Month is the current month Market Statistics Criteria Used | Date Range: | 6/2007 to 1/2008 | Price Range: | $1,000 to $899,999,000 | Property Category: | Residential | Area: | Washington Twp |
Contact Desiree Daniels, ABR, Realtor, and Licensed in New Jersey (609) 448-2222 or (609) 587-9300 ext 312. If you are interested in purchasing a property in Mercer, Burlington or Monmouth County. Or the Following Townships Robbinsville, Hamilton, Washington, Mercerville, Ewing, Lawrenceville, Hopewell, Bordentown City, Bordentown, Florence, Foxmoor, Town Center, Washington Town Center, Robbinsville Town Center, Sharbell Copyright © 2008 By Desiree Daniels and The Desiree Daniels Team. Re/Max Tri County. All Rights Reserved.
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4 Comments on Robbinsville - Washington Township - Mercer County - Market Update January 2008 - 08691
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By any interpretation, you are in a viable market.
It appears that buyers are negotiating the priced down and buying homes.