Somerset, NJ market analysis for October 2008
Compared to September 2008
October: September:
Active Listings = 507 554
Average LP = $ 380,315 $ 406,988
New Listings = 71 107
Average LP = $ 345,108 $ 391,593
Under Contract= 50 47
Average LP = $ 327,059 $ 343,984
Sold Listings = 43 54
Average SP = $ 339,517 $ 325,019
Average DOM = 86 82
Average SP/LP = 97% 95%
*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.
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