Somerville, NJ market analysis for February 2009

Somerville, NJ market analysis for February 2009

Compared to January 2009

February: January:

Active Listings = 58 61

Average LP = $ 323,768 $ 321,275

New Listings = 9 14

Average LP = $ 305,160 $ 313,414

Under Contract= 0 7

Average LP = $ 0 $ 268,469

Sold Listings = 2 5

Average SP = $ 332,500 $ 234,600

Average DOM = 70 102

Average SP/LP = 99% 93%

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