Princeton NJ Real Estate Market Report February 2014

Real Estate Agent with Keller Williams Princeton

Princeton NJ Real Estate Market Report February 2014

Welcome to February's market update for Princeton NJ. Let's take a look at real estate activity in Princeton NJ. During the month of February 2014 the number of active listings was down 6% from one year earlier and up 23% from the previous month.

prin feb 14 active invent

 The median listing price  for homes for sale in Princeton was just over $1.25 million.  While the median sales price was just under $1.35 million.   This is a good sign of a strong market when those two numbers are close.

prin feb 14 med list price

Compared to the same period as last year, the average number of days Princeton NJ homes  spent on the market before being sold was 76 days versus just 39 days for the same period one year prior. prin feb 14 days on mkt

The number of units sold increased  100% year over year and decreased 47% month over month. One key factor is the horrible winter weather Princeton has experienced. Plus, there's less # of homes on the market.

prin feb 14 units sold 

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Search for all homes currently on the market for sale in Princeton NJ.  This is an automatic feed from the local MLS and updated several times daily. Thanks for watching and reading about Princeton NJ real estate market report for February 2014. We hope you found this video helpful as you gather more information to make smart and informed real estate decisions. If you'd like more information or assistance, please contact Jody Siano at 609-529-8107.

Comments (1)

Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good evening Jody,

Excellent market report! Love the video..way to knock them dead in Princeton N.J.!!

Apr 01, 2014 11:47 AM