Middlesex County NJ Real Estate Statistics - December 2011

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

Middlesex County NJ Real Estate Statistics - December 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 November 2011* October 2011** November 2010*** Nov/Oct 2011 (%) Nov 2011/ Nov 2010 (%)
Active Inventory 2728 3039 2920 -10.2% -6.6%
Pending Sales 193 242 n/a -20.2% n/a
Buyers per 100 Sellers 7 per 100 8 per 100 n/a n/a n/a
New Homes Listed 395 559 510 -29.3% -22.5%
Sold Homes 241 284 203 -15.1% 18.7%
Median Sold Price (MSP) $280,000 $270,000 $290,000 3.7% -3.4%
Average Sold Price (ASP) $312,016 $307,717 $319,671 1.4% -2.4%
Sold Price/Asking Price (SP/AP) 92.96% 93.11% 94.00% -0.2% -1.1%
Days on Market (DOM) 117 98 88 19.4% 33.0%
Days of Inventory (DOI) or Absorption Rate 351 332 446 5.8% -21.3%

Middlesex County Real Estate Statistics Calculated on *Saturday 12/10/2011 **Friday 11/11/2011   ***December 2010

 
 
 
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Catherine "Cathy" Chaudemanche Team, ABR, SRS, SRES
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