Middlesex County NJ Real Estate Statistics - September 2011

By
Real Estate Agent with Metuchen Keller Williams Elite Realty / Middlesex County, NJ

Middlesex County NJ Real Estate Statistics - September 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 August 2011* July 2011* August 2010*** August/July 2011 (%) August 2011/ August 2010 (%)
Active Inventory 3252 3390 3262 -4.1% -0.3%
Pending Sales 233 269   -13.4% n/a
Buyers per 100 Sellers 7 per 100 8 per 100   n/a n/a
New Homes Listed 598 641 688 -6.7% -13.1%
Sold Homes 340 300 246 13.3% 38.2%
Median Sold Price (MSP) $294,500 $306,250 $306,000 -3.8% -3.8%
Average Sold Price (ASP) $322,390 $334,455 $344,358 -3.6% -6.4%
Sold Price/Asking Price (SP/AP) 94.29% 94.78% 95.00% -0.5% -0.7%
Days on Market (DOM) 78 81 71 -3.7% 9.9%
Days of Inventory (DOI) or Absorption Rate 297 350 411 -15.1% -27.7%

Middlesex County Real Estate Statistics Calculated on * Friday 09/09/2011 **Monday 08/15/2011   ***09/13/2010

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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 Sales Award - 2009, 2010
Certified Luxury Home Marketing Specialist
Short Sales and Foreclosures Specialist
Agent Leadership Council
Keller Williams Elite Realty.
Middlesex County NJ Market Center-
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Catherine "Cathy" Chaudemanche Team, ABR, SRS, SRES
Local Realtor Associate - Agent Leadership Council
New Jersey Association of Realtors Circle of Excellence Sales Award - 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018
Certified Luxury Home Marketing Specialist
 
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