Middlesex County NJ Real Estate Statistics - March 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 | February 2011* | January 2011** | February 2010*** | Feb/Jan 2011 (%) | Feb 2011/ Feb 2010 (%) |
| Active Inventory | 2800 | 2694 | 2511 | 3.9% | 11.5% |
| Pending Sales | 200 | 161 | n/a | 24.2% | n/a |
| Buyers per 100 Sellers | 7 per 100 | 6 per 100 | n/a | n/a | n/a |
| New Homes Listed | 603 | 584 | 630 | 3.3% | -4.3% |
| Sold Homes | 180 | 182 | 134 | -1.1% | 34.3% |
| Median Sold Price (MSP) | $285,000 | $306,250 | $312,500 | -6.9% | -8.8% |
| Average Sold Price (ASP) | $322,566 | $341,239 | $341,817 | -5.5% | -5.6% |
| Sold Price/Asking Price (SP/AP) | 93% | 95% | 95% | -2.1% | -2.1% |
| Days on Market (DOM) | 126 | 108 | 84 | 16.7% | 50.0% |
| Days of Inventory (DOI) or Absorption Rate | 482 | 459 | 581 | 5.0% | -17.0% |
Middlesex County Real Estate Statistics Calculated on *Saturday 03/14/2011 **02/13/2011 ***03/08/2010
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 - Bronze 2009, 2010
Agent Leadership Council
Metuchen Keller Williams Realty.
Middlesex County NJ Market Center-
Follow us, Friend us, Like us...we always replicate!
Grow your networks and close more deals!!
Previous posts and achives for Middlesex County Real Estate Statistics and Market Commentary
Comments(0)