mercer county market information 7/12/11
TRANSCRIPT
7/11/11Towns Active
ListingsPending in Last 30 Days
Absorption Rate in Months
New Listings in 30 Days
Net Gain (Loss) to Market
Listings Reduced in 30 Days
% of Invent. Reduced
Expired Listings
W/drawn Listings
Closed Listings
RobbinsvilleAll Styles 175 17 10 28 11 53 30% 7 7 18
RobbinsvilleCondo/ T.Houses
71 11 6 9 (3) 25 35% 3 3 8
Single Family 104 6 17 19 13 28 27% 4 4 10
Office 6/12/11 6/19/11 6/26/11 7/3/11 Average Absorb Absorb Absorb Absorb Absorp Rate Rate Rate Rate RateAllentown 8.1 8.8 8.8 9.3 8.7Basking Ridge 6.0 5.5 6.5 6.0 6.0Bedminster 6.5 6.9 5.3 5.5 6.1Bernardsville 11.4 11.4 18.0 9.2 12.5Bethlehem 7.5 8.7 8.5 8.8 8.4Branchburg 12.3 8.6 12.5 11.1 11.1Clinton 13.0 12.0 11.5 12.0 12.1Doylestown 10.0 10.0 10.5 10.0 10.1East Windsor 19.5 20.6 30.4 25.6 24.0Easton 11.9 10.8 10.8 11.1 11.2Flemington Circle 20.9 17.1 16.2 14.2 17.1Hamilton 18.8 16.5 16.3 17.2 17.2Hillsborough 9.2 8.9 10.0 9.1 9.3New Vernon 14.8 28.5 11.4 12.2 16.7Oldwick 10.9 9.9 12.6 14.7 12.0Phillipsburg 12.7 12.1 12.2 12.1 12.3Princeton 14.0 14.0 14.0 14.0 14.0Princeton Junction 4.7 5.6 5.7 4.8 5.2Union 10.7 12.4 10.6 11.1 11.2Warren 10.0 11.0 11.0 13.0 11.3Watchung 13.0 11.0 17.0 35.0 19.0Westfield 8.3 9.6 8.1 8.1 8.5Yardley 8.8 9.5 9.4 9.4 9.3
Average 11.4 11.7 12.1 12.3 11.9
Regional Market Absorption
7/11/11Towns Active
ListingsPending in Last 30 Days
Absorption Rate in Months
New Listings in 30 Days
Net Gain (Loss) to Market
Li1stings Reduced in 30 Days
% of Invent. Reduced
Expired Listings
W/drawn Listings
Closed Listings
West Windsor: All Styles
128 19 6.7 28 9 33 26 4 5 38
West Windsor Condo/ T.Houses
19 4 4.75 5 1 2 11 1 1 13
West Windsor55+
10 0 - 0 0 - - 0 0 1
West Windsor Single Family
99 15 6.6 23 8 31 31 3 4 24
Lawrence: All Styles 225 11 20.5 25 14 56 25 10 8 22Lawrence:Condo/THouses
72 6 12 9 3 27 38 2 3 6
Lawrence: 55+ 14 1 14 1 0 - - 0 0 2
Lawrence: Single Family
139 4 34.75 15 11 29 21 8 5 14
West Windsor by Price Point
Price Range 6/22/11Absorption Rate
7/11/11Absorption Rate
Less Than $500,000 18.5 months 7.3 months$500,001 to $650,000 6 months 9 months
$650,001 to $800,000 8 months 3.1 months
$800,001 to $1,000,000 3.25 months 99 months
$1,000,000 and up 99 months 5 months
7/11/11Towns Active
ListingsPending in Last 30 Days
Absorption Rate in Months
New Listings in 30 Days
Net Gain (Loss) to Market
Listings Reduced in 30 Days
% of Invent. Reduced
Expired Listings
W/drawn Listings
Closed Listings
PlainsboroAll Styles 109 9 13 26 17 23 21% 10 0 25
PlainsboroCondo/ THouses
63 6 10.5 15 9 11 17% 6 0 11
Plainsboro55+ 12 2 6 3 1 2 17% 2 0 2
PlainsboroSingle Family
34 1 34 8 7 10 29% 2 0 12
Cranbury:All Styles 24 2 12 5 3 5 21% 2 0 5