Somerville, NJ Market Analysis Report for April

Somerville, NJ market analysis for April 2008

Compared to March 2008

April: March:

Active Listings = 71 60

Average LP = $ 322,315 $ 338,562

New Listings = 22 13

Average LP = $ 334,950 $ 315,085

Under Contract= 2 4

Average LP = $ 317,000 $ 375,425

Sold Listings = 4 8

Average SP = $ 324,375 $ 305,063

Average DOM = 73 84

Average SP/LP = 99% 93%

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