Mercer County Real Estate Market Update Feb 2010

Town 07 Inven Count 07 Pending Sales (prev 30 days) 07 Absorb Rate 08 Inven. Count 08 Pending Sales (prev. 30 days) 08 Absorp. Rate 09 Inven. Count 09 Pending Sales (prev. 30 days) 09 Absorp. Rate (months) 10 Inven. Count 10 Pending Sales (prev. 30 days) 10 Absorp. Rate (months) Pton. Boro 38 5 7.6 49 2 24.5 42 1 42 26 4 6.5 Pton. Twp. 106 5 14.4 113 11 10.2 102 2 51 87 6 14.5 W. Windsor 143 23 6.2 124 16 6.2 123 10 12.3 105 12 8.7 Lawrence 193 19 11.8 184 19 9.6 157 16 9.8 195 23 8.4 East Windsor 172 26 6.6 183 21 8.7 181 3 60 173 10 17.3 Ewing 193 7 11.8 229 18 12.7 192 12 16 226 14 16.1 Hopewell Twp. 165 15 11 132 13 10.1 114 13 8.7 135 12 11 Cranbury 17 2 8.5 34 0 99 27 0 99 25 2 12.5 Plainsb. 130 8 16.2 97 14 6.92 73 8 9.12 59 16 3.2 S. Bruns. 197 27 7.3 172 17 10.7 206 13 16 149 14 11 Montgom 139 11 12.6 116 14 8.3 104 10 10.4 113 18 6.2 Hamilton 447 22 20.1 541 60 9.01 528 86 6.1 510 51 10 Franklin 396 98 5.4 440 43 10.2 346 28 12.4 389 50 7.7 Cum.

Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings Princeton Boro: All Styles 26 4 6.5 7 3 2 8% 2 2 3 Pton -Boro Condo/ Thouses 11 1 11 4 3 1 9% 1 0 1 Pton-Boro Single Family 15 3 5 3 0 1 6% 1 2 2 Pton Twp: All Styles 87 6 14.5 23 17 14 16% 6 3 6 Pton Twp: Condo/ Thouses 12 3 4 6 3 2 16% 1 2 3 Pton Twp: Single Family 75 3 25 17 14 12 16% 5 1 3

2/22/10 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings West Windsor: All Styles 105 12 8.75 34 16 16 15.2% 1 5 9 West Windsor Condo/ T.Houses 23 5 4.6 8 2 3 13% 0 1 2 West Windsor 55+ 13 0 99 0 -1 - - 1 0 1 West Windsor Single Family 69 7 9.86 26 15 13 19.4% 0 4 6 Lawrence: All Styles 195 23 8.48 40 -1 32 16.4% 13 5 9 Lawrence: Condo/ THouses 55 12 4.58 9 -8 16 29.1% 5 0 4 Lawrence: 55+ 25 1 25 6 2 - - 2 1 1 Lawrence: Single Family 115 19 25 5 16 13.9% 6 4 4

2/22/10 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings Ewing: All Styles 226 14 16.14 59 27 41 18.1% 13 5 14 Ewing : Condo/ T.Houses 38 4 9.5 13 3 6 15.8% 4 2 3 Ewing 55+: 5 0 99 1 1 - - 0 0 0 Ewing: Single Family 183 10 18.3 45 23 35 19.1% 9 3 11 East Windsor: All Styles 173 10 17.3 43 25 26 15% 8 0 7 East Windsor: Condo/ THouses 88 9 9.78 13 -1 10 11.4% 5 0 3 East Windsor: 55+ 20 0 99 7 6 - - 1 0 1 East Windsor: Single Family 65 1 65 23 20 16 25.6% 2 0 3

2/22/10 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings Hopewell Twp. All Styles 135 12 11 35 23 25 18.5 7 7 9 Hopewell Twp. Condo/ T.Houses 7 2 3.5 2 0 1 14% 1 0 2 Hopewell Twp.: 55+ 4 0 99 - - - - - - - Hopewell Twp Single Family 124 10 12.4 33 23 24 19% 6 7 7 Hamilton: All Styles 510 51 10 123 12 91 17.8% 42 18 32 Hamilton: Condo/ THouses 97 13 7.46 24 1 19 19.6% 8 2 6 Hamilton: Single Family 380 34 11.18 92 26 72 18.9% 16 16 25 Hamilton: 55+ 33 4 8.25 7 -15 - 0 18 0 1

2/22/10 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings Robbinsville All Styles 86 12 7.17 20 -1 16 18.6% 6 3 2 Robbinsville Condo/ T.Houses 46 9 5.11 16 1 10 21.7% 5 1 2 Single Family 40 3 13.33 4 -2 6 15% 1 2 0 Hightstown Boro: All Styles 54 6 9 11 5 6 11% 4 0 3 Pennington 20 3 7 6 3 3 15% 2 1 1 Hopewell Boro 17 0 99 3 3 3 18% 2 1 1

2/22/10 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings PlainsboroAll Styles 59 16 3.69 25 4 11 18.6% 4 1 7 Plainsboro Condo/ THouses 22 9 2.44 13 2 8 3.6% 2 0 1 Plainsboro 55+ 18 0 99 4 1 - - 2 1 4 Plainsboro Single Family 19 7 2.71 8 1 3 15.8% 0 0 2 Cranbury: All Styles 25 2 12.5 5 2 3 12% 1 0 1 Cranbury: 55+ 1 0 99 0 0 - - 0 0 0 Cranbury: Single Family 24 2 12 5 2 3 12.5% 1 0 1

Paul Camuto Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings South Brunswick All Styles 149 14 11 46 32 10 6% 13 2 20 South BrunswickCondo/ T.Houses 30 5 6 12 7 1 3% 2 0 9 South Brunswick 55+ 29 2 15 9 7 1 3% 2 0 2 South Brunswick Single Family 90 7 13 25 18 8 9% 9 2 9 Monroe: All Styles 391 26 15 101 75 44 12% 47 6 27 Monroe: 55+ 236 20 12 51 31 29 12% 29 4 18 Monroe: Single Family 155 6 25 48 42 15 9% 14 2 9

Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings Montgom. 113 18 6.2 52 34 23 20% 2 5 7 Hillsboro 188 32 5.89 53 21 32 17% 10 14 16 Rocky Hill 4 0 99 2 2 0 0 0 0 0 Franklin 389 50 7.78 132 82 60 15% 36 13 21

Mercer County Real Estate Market Update Feb 2010

by Weichert Real Estate Agent on Feb 27, 2010

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Mercer County Real Estate Market Update Feb 2010 — Presentation Transcript