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Somerset, NJ market analysis for February 2009

By
Real Estate Agent with Weichert Realtors

Somerset, NJ market analysis for February 2009

Compared to January 2009

 

 

 

 

February:                                                              January:

Active Listings = 427                                                413                               

            Average LP = $ 380,646                                $ 381,568

New Listings    = 92                                                 97

            Average LP = $ 368,235                                $ 365,279

Under Contract= 30                                                  25

            Average LP = $ 361,916                                $ 305,498

Sold Listings    = 20                                                   24

            Average SP = $ 411,150                                $ 302,185

            Average DOM = 91                                        84

            Average SP/LP = 137%                                  95%

 

 

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.  

 

 

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