February 26, 2010
NAR Compares Regional Data to National Data
Single-Family Homes and Condos
Single-family home sales fell 6.9 percent to a seasonally adjusted annual rate of 4.43 million in January 2010 from a level of 4.76 million in December, but are 8.6 percent above the 4.08 million pace in January 2009. The median existing single-family home price was $163,600 in January, down 0.4 percent from a year ago.
Existing condominium and co-op sales dropped 8.1 percent to a seasonally adjusted annual rate of 620,000 in January from 675,000 in December, but are 38.1 percent above the 449,000-unit level a year ago. The median existing condo price was $172,400 in January, which is 1.4 percent higher than January 2009.
Regional Performance
Existing-home sales in the Northeast fell 10.9 percent to an annual pace of 820,000 in January 2010 but are 22.4 percent above a year ago. The median price in the Northeast was $245,300, a gain of 8.8 percent from January 2009.
Posted by: Bruce
Princeton NJ Homes for Sale
Homes for sale in the Princetons (both the borough and the township) as of March 1, 2010 include 5 condominiums [Price Range: $349,000 to $579,000], 5 town houses [Price Range: $445,000 to $895,000], 94 single family homes [Price Range: $349,000 to $5,500,000], located in developments, the borough and in rural settings.
Princeton, NJ is a great community to investigate when searching
for available homes for purchase. The links to the right will afford you the
option of contacting us for information relating to the purchase or sale of
a home. There is also a link to a site to allow you to search for property in
this area.
You will find many different styles of homes, ages of homes, and price ranges of homes are available in Princeton Township and Princeton Borough, New Jersey, located in central New Jersey. The township is served by the US Postal Service as Princeton, NJ, with the zipcode of 08540. If you are looking for homes for sale, we hope to serve as your starting point for information on the various neighborhoods and houses for sale in Princeton.
An overview of the neighborhoods in Princeton and the variety of homes for sale are outlined at the neighborhoods button to the left. Feel free to check out the properties for sale and contact us for further information using the form at the bottom of the neighborhood's page.
It is currently March 10th 2010, 05:23 pm in New Jersey.
January 14, 2010
Updated Neighborhood Sales Information
Sales data for the last two years has just been incorporated into the data supplied for each of Princeton Borough and Princeton Township's neighborhoods. The number of sales have remained fairly constant as have the values the homes sold for.
Posted by: Bruce
December 07, 2009
December 2009 Market Conditions
Princeton Borough and Princeton Township currently have 154 homes for sale. Through today, there have been 211 homes sold so far this year. At this rate of home sales, it would take 9 months to exhaust the supply, making this a slight buyer's market. The average sales price has been $929,438 for homes were asking an average price of $1,062,822.
Information from TREND MLS - Information Deemed Reliable but Not Guaranteed.
Posted by: Bruce
Information on
neighboring townships: