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Mercer County Market Report - January - December 2007 Year end review

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Market Statistics

Date

Units Listed

Listed Volume

Listed Average

Pended

Units Sold

Sold Volume

Sold Average

Average DOM

Jan 2008

3

917,800

305,933

0

0

N/A

N/A

N/A

Dec 2007

78

20,800,599

266,674

21

59

15,841,001

268,491

88

Nov 2007

123

34,145,860

277,608

61

73

20,046,415

274,608

80

Oct 2007

161

51,209,047

318,068

85

72

17,817,012

247,458

96

Sep 2007

150

43,639,630

290,930

57

73

19,509,500

267,253

75

Aug 2007

171

46,698,937

273,093

73

94

25,368,010

269,872

77

July 2007

160

44,276,872

276,730

82

89

24,172,446

271,600

79

June 2007

199

55,085,030

276,809

96

107

29,023,375

271,246

77

May 2007

217

62,213,517

286,698

104

110

27,714,438

251,949

77

Apr 2007

205

58,378,933

284,775

104

101

26,677,730

264,135

82

Mar 2007

185

52,787,729

285,339

121

97

23,450,956

241,762

93

Feb 2007

149

43,884,307

294,525

81

68

16,919,099

248,810

88

Jan 2007

178

49,152,365

276,136

102

83

22,125,570

266,573

93

Totals:

1979

563,190,626

284,583

987

1026

268,665,552

261,857

83

Inventory Accumulation for the Last 12 Full Months

Current Inventory *

Inventory Volume

Current Average

Average Monthly Sales**

Inventory Accumulation ***

629

199,744,544

317,558

85

7

*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 : $1,200

Original List Price: $1,800,000

Original List Price: $280,214

Sold Price : $1,200

Sold Price: $1,730,000

Sold Price: $261,857

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

Market Statistics Criteria Used

Date Range:

1/2007 to 1/2008

Price Range:

$1,000 to $99,999,000

Property Category:

All Categories

Area:

Hamilton Twp

© Copyright 2008 TREND MLS - Information Deemed Reliable but Not Guaranteed. Printed 1/3/2008 5:54:51 AM



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Contact Desiree Daniels, ABR, Realtor, and Licensed in New Jersey (609) 448-2222 or (609) 587-9300 ext 312. If you are interested in purchasing a property in Mercer, Burlington or Monmouth County. Or the Following Townships Robbinsville, Hamilton, Washington, Mercerville, Ewing, Lawrenceville, Hopewell, Bordentown City, Bordentown, Florence, Foxmoor, Town Center, Washington Town Center, Robbinsville Town Center, Sharbell

Copyright © 2008 By Desiree Daniels and The Desiree Daniels Team. Re/Max Tri County. All Rights Reserved.

Posted Thursday Jan 03