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Mercer County, New Jersey Real Estate - Market Report - July 2008


Desiree Daniels Market Report BannerMonthly Statistics for the Date Range Selected

Date

Units Listed

Listed Volume

Listed Average

Pended

Units Sold

Sold Volume

Sold Average

Average DOM

July 2008

13

3,304,429

254,186

3

5

2,055,000

411,000

128

June 2008

590

208,469,556

353,338

212

325

129,513,684

398,503

71

May 2008

623

261,101,573

419,103

354

274

106,652,866

389,244

83

Apr 2008

766

294,782,699

384,833

317

243

81,748,152

336,412

89

Mar 2008

659

238,394,296

361,751

288

222

69,260,096

311,982

103

Feb 2008

596

225,420,008

378,221

268

165

57,241,870

346,920

95

Jan 2008

626

232,884,804

372,020

195

187

72,130,538

385,724

104

Totals:

3873

1,464,357,365

378,093

1637

1421

518,602,206

364,955

89

Inventory Accumulation for the Last 12 Full Months

Current Inventory *

Inventory Volume

Current Average

Average Monthly Sales**

Inventory Accumulation ***

2695

1,038,504,168

385,344

257

10

*Current Inventory is based on the actual available properties on the date this report was created.

**Average Monthly Sales is the average sales for the last 12 full months

***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sales

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices

Maximum Prices

Average Prices

Original List Price : $12,700

Original List Price: $4,850,000

Original List Price: $397,610

Sold Price : $11,000

Sold Price: $4,695,000

Sold Price: $364,955

Inventory Accumulation figures are only calculated when Report End Month is the current month

Market Statistics Criteria Used

Date Range:

1/2008 to 7/2008

Price Range:

$0 to $9,999,000

Property Category:

Residential

Area:

All Mercer County

search New Jersey Homes for sale Robbinsville NJ real estate New Jersey Real Estate Market New Jersey Real Estate Agents

Posted Tuesday Jul 01

Mercer COunty seems to be doing pretty well with an average dom of 89.


All the best!

Wow, Dez, nice report. What a disparity in your market....$11,000 to 4M! That's quite a range. Would the 11,000 be a manufactured home or vacant land?

Desiree,


It looks as though you are enjoying a good market there in NJ.  And I thought that the east coast was having problems, that is what the media would have us to believe. 


Thank you for sharing the update.


Don R.

Dez, I love the template for your market reports...very classy yet easy to read!

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