Affordability, schools and commute are serious issues and are on the top of considerations when relocating to Princeton NJ area. But what about fun? We have a lot to do and see locally, but if you want the best – New York is only one hour away.
It’s not often that my husband and I have a day off during the week together. Yesterday was such a day and we went to New York. It was surprisingly quiet on 5th Ave and the Central Park was surreally still –we are used to it buzzing with people on the weekends.
Lakes were covered with ice and the views across to the Fifth Ave and to the Central Park West were as magnificent as always. We noticed things we didn’t pay attention to before, such as monuments to a Falconer and Mr. Daniel Webster, two of the 27 monuments in the park. We saw bird-feeders that looked like milk cartons hanging from the trees, huge boulders that seemed to date to the glacier period and the little canals, being cleaned by the maintenance crews. It was incredible how clean the Park was and how beautiful. The Central Park has a $26 million dollars operating budget, 85% of which is provided by the Central Park Conservancy, which is a non-profit organization. Being a tourist for a few hours was wonderful.
It was quite chilly, so the restaurant that advertised “fireplace” seemed like a good place for lunch. New Yorkers walk and so did we - which after lunch was a real a necessity. We caught the NJ express train, which delivered us to Princeton in time for the kids to come home from school. Here are a few Pictures from out day trip.
Fifth Ave is quite empty, but beautiful as always
This is as good as it gets - the world's prime real estate
View to the Fifth Ave
Central Park landscape
View across the lake of the Central Park West. Just imagine the views from these landmark buildings.
This is not New Jersey shore. This is Central Park - the seagulls appreciate the rice lunch courtesy of a nice New York gentleman who was feeding them.
For more information about relocation and things to do consider the following articles:
Everything you ever wanted to know about Princeton
Moving To Princeton? – Here are 5 Reasons Why
Little known pleasures of Princeton
When looking for Princeton homes for sale -consider Princeton Ridge
Princeton -where is a good place to eat?
Princeton - Cool Restaurant for Adults and Kids
Princeton -great shopping -things to do
If you want to be current on the greater Princeton local real estate and places, people and events, you can subcribe using a feed reader
or through the e-mail on the right side of the page. Please contact Faina Sechzer at 609-553-4175 with questions about real estate, homes for sale and/or listing your house to sell, and relocation assistance in Princeton, Montgomery Township, West Windsor, Hopewell, and Lawrenceville New Jersey. Referrals are accepted.
If you are moving out of the greater Princeton area, please inquire about the countrywide relocation program.
Copyright 2007 Faina Sechzer All rights reserved. This information cannot be copied, reproduced, transmitted, distributed, displayed or published.
Median Prices for Houses Sold in West Windsor NJ, Princeton Township, Princeton Borough, Hopewell Township, Hopewell Borough, Pennington, and Montgomery Township in 2004-20007.
The media and the press over the past year have been providing the gloom and doom information about the real estate. Some acknowledge that real estate is local, yet still aggregate it to the national level, which to buyers and sellers in West Windsor has little relevance. What is important for the home buyers and sellers in West Windsor is to understand that real estate is hyper local. In West Windsor for the period 2004-2007 median price of houses (excluding condos) increased 3%. Unfortunately, it also showed the largest decline in 2007. Hyper local market means that it could be different in the neighboring towns; that's why I provide statistics for the other towns, so you can have a basis for comparison.
Granted, looking at local numbers, charts and graphs may not be very exciting, but it allows putting aside the national housing gloom and doom and looking objectively at the local real estate conditions. For the home-buyers considering whether they should wait for further price declines or for the home sellers, questioning if they should wait until the market improves, looking at statistics is important. It is also important for people moving to the area and considering which town would best meet their needs.
While no one has the crystal ball to predict the future of the real estate market, the statistics give us a better sense what the local real estate market is. Keep these numbers in mind when making your real estate decisions.
In my last post I covered the average prices and how they changed from the 2004 to 2007. This post is about the median prices and how they changed during the same period. The median is a better reflection of the prices then the average in towns like where there is a big spread between the least expensive and the most expensive house sold in 2007.
The good news for the period of 2004 to 2007 is that all the towns had increase in the median price:
Following the biggest increases in 2005, and across the board declines in 2006, 2007 was a mixed bag for different towns of the greater Princeton area. While Princeton and Hopewell showed median price increases, Pennington, West Windsor, and Montgomery Township showed declines:
You may find more information about the West Windsor real estate market in the following articles:
Trend MLS data considered accurate, but is not guaranteed. The prices are for houses and does not include condos.
Please contact Faina Sechzer at 609-553-4175 with questions about real estate, homes for sale and/or listing your house to sell, and relocation assistance in Princeton, Montgomery Township, West Windsor, Hopewell, and Lawrenceville New Jersey. Referrals are accepted.
If you are moving out of the greater Princeton area, please inquire about the countrywide relocation program.
Copyright 2007 Faina Sechzer All rights reserved. This information cannot be copied, reproduced, transmitted, distributed, displayed or published.
Median Prices for Houses Sold in Princeton Township, Princeton Borough, Hopewell Township, Hopewell Borough, Pennington, West Windsor, and Montgomery Township in 2004-20007.
The media and the press over the past year have been providing the gloom and doom information about the real estate. Some acknowledge that real estate is local, yet still aggregate it to the national level, which to buyers and sellers in the greater Princeton area has little relevance.
What is important for them is the understanding of the local market. For the period of 2004- 2007 the median house prices have increased in all of the above towns.
Granted, looking at local numbers, charts and graphs may not be very exciting, but it allows putting aside the national housing gloom and doom and looking objectively at the local real estate conditions. For the homebuyers considering whether they should wait for price declines or for the home sellers, questioning if they should wait until the market stabilizes, looking at numbers and statistics is important. It is also important for people relocating to the Princeton area and deciding on the town that best meets their needs.
While no one has the crystal ball to predict the future of the real estate market, the statistics give us a better sense what the local real estate market is. Keep these numbers in mind when making your real estate decisions.
In my last post I covered the average prices and how they changed from the 2004 to 2007. This post is about the median prices and how they changed through the same period. The median is a better reflection of the prices then the average in towns like Princeton where there is a big spread between the least expensive ($250,000) and the most expensive ($3,700,000) house sold in 2007.
The good news for the period of 2004 to 2007 is that all the towns had increase in the median price:
Following the biggest increases in 2005, and across the board declines in 2006, 2007 was a mixed bag for different towns of the greater Princeton area. While Princeton and Hopewell showed median price increases, Pennington, West Windsor, and Montgomery Township showed declines:
For more information on the Princeton NJ real estate market read the following articles:
Princeton NJ real estate -Average price of houses sold
Princeton NJ real estate market - How Expensive? Housing prices by category
Princeton real estate market - How Long To Sell? Inventory and Days On Market report
Trend MLS data considered accurate, but is not guaranteed. The prices are for houses and does not include condos.
Please contact Faina Sechzer at 609-553-4175 with questions about real estate, homes for sale and/or listing your house to sell, and relocation assistance in Princeton, Montgomery Township, West Windsor, Hopewell, and Lawrenceville New Jersey. Referrals are accepted.
If you are moving out of the greater Princeton area, please inquire about the countrywide relocation program.
Copyright 2007 Faina Sechzer All rights reserved. This information cannot be copied, reproduced, transmitted, distributed, displayed or published.
Average Price Of Houses and Condos Sold in 2004 – 2007
The prices of homes in the West Windsor NJ real estate market is an important issue for the homeowners. It is even more so on the minds of many now, given the economic uncertainties of the effects of the sub prime mortgage fall out and the possible recession. The price of the homes sold is one of the indicators of the real estate market.
West Windsor for the period of 2004 - 2007 had a 14% increase in the average sale price. The largest increase occurred in 2005, followed by a smaller increase in 2006, when other towns had already started showing price declines. The 2007 average house prices in West Windsor have declined 4%.
In comparison, Princeton average price has increased 3% in 2007; Hopewell showed an increase for the 2007 of 4%, Montgomery Township –decline of 3%, and Pennington – decline of 15 %.
The charts below lllustrate the differences in the trend for the other areas in the greater Princeton real estate market.
The concerns about the economy and the general perception of the public that real estate prices will be going down is keeping many buyers from entering the market. On the other hand, there are still buyers that need to buy because of their circumstances and houses priced competitively will continue to sell.
* Data is based on the Trend MLS and is not guaranteed.
Average Price Of Houses and Condos Sold in Montgomery Township NJ In 2004 – 2007
The prices of homes and what is happening in the Montgomery real estate market is always on the minds of the homeowners. It is even more so now, given the economic uncertainties of the effects of the sub prime mortgage fall out and the possible recession. The price of the homes sold is one of the indicators of the real estate market.
Looking at the Montgomery Township for the period of 2004-2007, the news is positive - 11% increase in the average prices of houses and condos sold. Unfortunately for the 2007 the average sale price declined 3%. Most of the increase for the 2004-2007 occurred in 2005, followed by the declines in 2006 and 2007.
In comparison the Princeton house prices increased 3% this year and had an overall 17% increase since 2004. Hopewell showed an increase for the 2007 of 4%, West Windsor – decline of 4%, and Pennington – decline of 15 %.
The charts below illustrate the differences in the trend for the other areas in the greater Princeton real estate market.
The concerns about the economy and the general perception of the public that real estate prices will be going down is keeping many buyers from entering the market. On the other hand, there are still buyers that need to buy, because of their circumstances, and houses priced competitively will continue to sell.
* Data is based on the Trend MLS and is not guaranteed.
Please contact Faina Sechzer at 609-553-4175 with questions about real estate, homes for sale and/or listing your house to sell, and relocation assistance in Princeton, Montgomery Township, West Windsor, Hopewell, and Lawrenceville New Jersey. Referrals are accepted.
If you are moving out of the greater Princeton area, please inquire about the countrywide relocation program.
Copyright 2007 Faina Sechzer All rights reserved. This information cannot be copied, reproduced, transmitted, distributed, displayed or published.
 |
|
|
Princeton NJ real estate expert, bringing 25 years of marketing know-how to make my clients' selling and buying a positive experience.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
