2006 - 2008 Core Market Comparison: Week of 10/13/08Town‘11Inven.Count‘11PendingSales‘11Absorp.Rate‘12Inven.Count‘12Pendin...
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Mercer County (Princeton) Homes for Sale Year over Year Comparison

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When supply goes down prices go...?

UP! The available supply of homes in Princeton is down nearly 40% in two years.

And yes, prices are headed up!

Published in: Real Estate
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Mercer County (Princeton) Homes for Sale Year over Year Comparison

  1. 1. 2006 - 2008 Core Market Comparison: Week of 10/13/08Town‘11Inven.Count‘11PendingSales‘11Absorp.Rate‘12Inven.Count‘12PendingSales‘12Absorp.Rate‘13Inven.Count‘13PendingSales‘13Absorp.RateInventorycomparedto 2011Inventorycompared to2012WestWindsor 142 25 5.7 141 31 4.5 89 39 2.3 63% 63%Plainsboro 111 18 6.2 85 16 5.3 59 25 2.4 53% 69%Lawrence 240 17 14.1 209 15 13.9 177 27 6.6 74% 85%EastWindsor 244 17 14.4 188 16 11.8 152 21 7.2 62% 81%Hamilton 675 41 16.5 553 62 8.9 446 69 6.5 66% 81%HopewellTwp 205 11 18.6 183 14 13.1 166 20 8.3 81% 91%Robbinsville 169 18 9.4 124 27 4.6 98 30 3.3 58% 79%Princeton 250 15 16.7 200 14 14.3 162 26 6.2 65% 81%SouthBrunswick 320 31 10.3 242 20 12.1 197 19 10.4 62% 81%Cum. 2356 193 12.2 1925 215 9.0 1546 276 5.6 66% 80%5/21/13 Year over year

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