Somerset, NJ market analysis for January

Somerset, NJ market analysis for January 2010

Compared to December 2009

January: December:

Active Listings = 436 419

Average LP = $ 333,754 $ 337,314

New Listings = 104 49

Average LP = $ 315,934 $ 326,061

Under Contract= 30 27

Average LP = $ 318,295 $ 348,847

Sold Listings = 24 45

Average SP = $ 293,200 $ 326,310

Average DOM = 74 85

Average SP/LP = 96% 112%

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