Mercer County Real Estate Market Update Jan 2010

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 29 1 29 4 3 3 10% 1 3 4 Pton -Boro Condo/ Thouses 5 0 99 1 1 0 0 0 0 1 Pton-Boro Single Family 24 1 24 3 2 3 13% 1 3 3 Pton Twp: All Styles 77 3 25.6 17 14 12 16 9 3 14 Pton Twp: Condo/ Thouses 7 0 99 4 4 3 43 1 1 7 Pton Twp: Single Family 70 3 23.3 13 10 9 13 8 2 7

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 76 18 4.2 15 (3) 18 23.7 13 5 21 West Windsor Condo/ T.Houses 18 3 6 8 5 5 5 27 8 1 West Windsor 55+ 12 0 99 - - - - - - - West Windsor Single Family 46 15 3.0 7 8 13 28.2 5 4 20 Lawrence: All Styles 188 19 9.8 33 14 23 12.2 14 6 25 Lawrence: Condo/ THouses 63 8 7.8 17 9 12 19 3 3 14 Lawrence: 55+ 24 0 99 - - - - - - - Lawrence: Single Family 91 11 8.2 16 5 11 12.0 11 3 11

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 204 18 11.3 31 13 23 11.2 33 1 16 Ewing : Condo/ T.Houses 36 5 7.2 3 (2) 4 11.1 3 0 2 Ewing 55+: 4 0 99 - - - - - - - Ewing: Single Family 164 13 12.6 28 15 19 11.5 30 1 14 East Windsor: All Styles 139 15 9.2 20 5 20 14.3 21 6 18 East Windsor: Condo/ THouses 79 11 7.1 14 3 13 16.4 18 5 9 East Windsor: 55+ 13 0 99 - - - - - - - East Windsor: Single Family 77 4 11.8 6 2 7 14.9 3 1 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 Robbinsville All Styles 83 8 10 17 9 11 13% 5 4 12 Robbinsville Condo/ T.Houses 45 4 11 11 7 8 17% 1 2 5 Robbinsville 55+ - - - - - - - - - - - 38 4 9.5 6 2 3 7% 4 2 7 Hightstown Boro: All Styles 46 5 9 2 (3) 1 2% 8 2 3 Pennington 18 2 9 2 0 4 22 3 0 2 Hopewell Boro: All Styles 13 0 99 4 4 1 7 1 0 0

Towns Active Listings Pending in Last 30 Days Absorption Rate in Months =Ag New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced e Expired Listings W/drawn Listings Closed Listings Hopewell Twp. All Styles 123 14 9 6 (8) 16 13% 14 8 13 Hopewell Twp. Condo/ T.Houses 10 1 10 0 (1) 1 10% 2 0 1 Hopewell Twp.: 55+ 2 0 99 - - - - - - - Hopewell Twp. Single Family 113 13 9 6 (7) 15 13% 12 8 12 Hamilton: All Styles 462 30 15 67 37 54 12% 63 20 42 Hamilton: Condo/ THouses 97 12 8 26 14 13 13% 11 7 17 Hamilton: Single Family 334 18 19 41 23 41 12% 52 13 25 Hamilton: 55+ 31 0 99 - - - - - - - -

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 46 9 8.1 13 7 16 38% 12 2 6 Plainsboro Condo/ THouses 29 4 7.2 11 7 7 23% 8 2 4 Plainsboro 55+ 7 0 99 0 0 3 42% 2 0 0 Plainsboro Single Family 14 2 7 2 0 6 42% 2 0 2 Cranbury: All Styles 25 0 99 0 0 1 3 2 0 1 Cranbury: 55+ 2 0 99 0 0 0 0 0 0 0 Cranbury: Single Family 23 0 99 0 0 1 4 2 0 1

Towns Active Listings Pending in Last 30 Days Absorption Rate in Months g 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 169 13 13 37 24 23 14% 21 4 1 South BrunswickCondo/ T.Houses 36 8 4,5 13 5 8 22% 8 0 0 South Brunswick 55+ 31 0 0 9 9 4 12% 2 0 0 South Brunswick Single Family 102 5 20.5 15 10 11 11% 11 4 1 Monroe: All Styles 428 30 28.8 79 49 65 15% 62 7 5 Monroe: 55+ 268 24 12 54 30 44 16% 40 5 2 Monroe: Single Family 160 6 26.5 25 19 21 13% 22 2 3

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 196 21 9 54 3 22 11% 21 18 36 South Brunswick Condo/ T.Houses 61 10 6 27 17 8 13% 6 8 16 South Brunswick 55+ 30 1 30 2 1 3 1% 2 3 3 South Brunswick Single Family 105 11 9.5 25 14 11 10% 13 7 21 Monroe: All Styles 471 30 16 107 77 57 12% 62 4 57 Monroe: 55+ 302 27 13 70 43 36 12% 26 3 44 Monroe: Single Family 168 13 13 37 24 21 13% 36 1 12

Town 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 35 3 11.6 39 4 9.6 29 1 29 Pton. Twp. 87 16 5.4 87 6 14.5 77 3 25 W. Windsor 100 11 9.09 96 7 13.7 76 18 4.2 Lawrence 173 15 11.5 158 10 15.8 188 19 9.8 East Windsor 171 24 7.1 159 11 14.4 139 15 9.2 Ewing 244 23 10.6 198 12 16.5 204 18 11.3 Hopewell Twp. 140 21 6.6 97 11 8.8 123 14 9 Cranbury 19 2 9.5 25 0 99 25 0 99 Plainsboro 77 19 4.05 66 4 16 49 6 8.1 Montgom 99 6 16.5 83 4 20.7 84 4 20.2 Cum. 1145 140 8.1 1008 69 14.6 991 98 10.1

Mercer County Real Estate Market Update Jan 2010

by Weichert Real Estate Agent on Jan 19, 2010

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Mercer County Real Estate Market Update Jan 2010 — Presentation Transcript