Somerset, NJ market analysis for May 2008
Compared to April 2008
May: April:
Active Listings = 614 622
Average LP = $ 410,849 $ 409,797
New Listings = 112 129
Average LP = $ 388,167 $ 373,616
Under Contract= 57 60
Average LP = $ 347,626 $ 365,622
Sold Listings = 34 49
Average SP = $ 360,382 $ 327,887
Average DOM = 60 79
Average SP/LP = 97% 97%
*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.
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