Greater Princeton NJ area real estate 2007-year end market statistics
This is the summary of the 2007 year end statistics for Princeton NJ, Hopewell NJ, Montgomery Township NJ, Pennington NJ, and West Windsor. Throughout the year Princeton Real Estate blog examines the important real estate statistics for each town to help current and future buyers and sellers better understand what is going on in the local real estate market.
I pulled together all of my 2007-year end market statistics articles for reference to make it easier to find them. Time flies and I am already working on the January 2008 report, so this bit of “housekeeping” of my 2007 statistical posts needed to be done and out of the way.
The 2007-year end Princeton area real estate market statistics show the results for the year, and compare them to previous years, starting from 2004.
Prices of Houses Sold
Review of the average price of the houses sold in each of the years from 2004 to 2007 for Princeton, Hopewell, West Windsor and Montgomery township It also shows the average price percent increase or decrease for the same period.
Housing Inventory and Accumulation
Review of the Days on the Market the rate of monthly sales and the inventory accumulation at the beginning of 2008 for the above towns.
How Long to Sell?
Examines the trend for the period of 2004 – 2007 in the days on the market, or how long it took houses to sell in Princeton NJ, Hopewell NJ,Pennington NJ, West Windsor NJ, and Montgomery township. .
Princeton – Number Of Houses Sold By Price Category
Shows what a homebuyer can expect in terms of the housing prices in Princeton, by presenting this data for various price categories.
Princeton Real Estate Market Statistics
Summary post with the links to the previous market statistics articles.
Relocating to Princeton
Summary post with links to articles about housing prices, schools, and living in Princeton
The other articles that may be of interest are:
How To Sell the House in Any Market - Summary post with the links to the most popular articles on the topic.
How To Buy the House in This Market – summary of articles on the topic.
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Please contact Faina Sechzer at 609-553-4175 with questions about 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.
I use absorption rate statisticcs with both buyers and sellers.
Se my post at: http://activerain.com/blogs/jpeters