Somerville, NJ Market Analysis for March

Somerville, NJ market analysis for March 2008

Compared to February 2008

March: February:

Active Listings = 59 62

Average LP = $ 339,485 $ 337,469

New Listings = 12 17

Average LP = $ 310,017 $ 342,429

Under Contract= 3 7

Average LP = $ 357,633 $ 295,886

Sold Listings = 8 2

Average SP = $ 305,063 $ 366,500

Average DOM = 84 115

Average SP/LP = 93% 98%

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