Middlesex County NJ Real Estate Statistics - October 2012

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

Middlesex County NJ Real Estate Statistics - October 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 September 2012* August 2012** September 2011*** September / August 2012 (%) September 2012 / September 2011 (%)
Active Inventory 2459 2542 3147 -3.3% -21.9%
Pending Sales 282 273 197 3.3% 43.1%
Buyers per 100 Sellers 12 per 100 11 per 100 6 per 100 9.1% 100.0%
New Homes Listed 521 543 552 -4.1% -5.6%
Sold Homes 318 424 269 -25.0% 18.2%
Median Sold Price (MSP) $289,000 $305,000 $291,000 -5.2% -0.7%
Average Sold Price (ASP) $319,828 $346,640 $320,457 -7.7% -0.2%
Sold Price/Asking Price (SP/AP) 94.86% 94.88% 93.97% 0.0% 0.9%
Days on Market (DOM) 86 81 92 6.2% -6.5%
Days of Inventory (DOI) or Absorption Rate 240 186 363 29.0% -33.9%

Middlesex County Real Estate Statistics Calculated on *Friday 10/19/2012 **Saturday 09/15/2012 ***October 2011 


 
 
 
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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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