Middlesex County NJ Real Estate Statistics - February 2012

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

Middlesex County NJ Real Estate Statistics - February 2012

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 January 2012* December 2011* January 2011*** Jan/Dec 2011 (%) Jan2012/Jan2011 (%)
Active Inventory 2489 2436 2694 2.2% -7.6%
Pending Sales 244 165 161 47.9% 51.6%
Buyers per 100 Sellers 10 per 100 7 per 100 6 per 100 n/a n/a
New Homes Listed 575 327 584 75.8% -1.5%
Sold Homes 196 283 182 -30.7% 7.7%
Median Sold Price (MSP) $259,250 $273,000 $306,250 -5.0% -15.3%
Average Sold Price (ASP) $306,403 $303,613 $341,239 0.9% -10.2%
Sold Price/Asking Price (SP/AP) 93.87% 93.27% 94.78% 0.6% -1.0%
Days on Market (DOM) 102 106 108 -3.8% -5.6%
Days of Inventory (DOI) or Absorption Rate 394 267 459 47.7% -14.2%

 

Middlesex County Real Estate Statistics Calculated on * Tuesday 02/21/2012 **Friday 01/06/2012 ***February 2011

 
 
 
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Catherine "Cathy" Chaudemanche Team
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Catherine "Cathy" Chaudemanche Team, ABR, SRS, SRES
Local Realtor Associate - Agent Leadership Council
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Certified Luxury Home Marketing Specialist
 
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