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Somerville, NJ market analysis for February 2009

By
Real Estate Agent with Weichert Realtors

Somerville, NJ market analysis for February 2009

Compared to January 2009

 

 

 

 

February:                                                           January:

Active Listings = 58                                             61

            Average LP = $ 323,768                           $ 321,275

New Listings    = 9                                               14

            Average LP = $ 305,160                            $ 313,414

Under Contract= 0                                                7

            Average LP = $ 0                                      $ 268,469

Sold Listings    = 2                                                 5

            Average SP = $ 332,500                            $ 234,600

            Average DOM = 70                                    102  

            Average SP/LP = 99%                                93%

 

 

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