Broker/ Manager at Weichert Realtors Princeton, NJ
Mar. 30, 2017•0 likes•622 views
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Princeton Real Estate Inventory Grid
Mar. 30, 2017•0 likes•622 views
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Real Estate
Want to know why homes are flying off the market in Princeton, NJ and the surrounding towns? Take a look at this grid. The inventory of available homes is down in every major market.
1. Year over Year Inventory & Absoprtion Rate
Week of 3/25
Town
2011
Inventory
2011 Ab
Rate
2013
Inventory
2013 Ab
Rate
2015
Inventory
2015 Ab
Rate
2017
Inventory
2017 Ab
Rate
Princeton 180 27 120 8.6 88 5.5 102 6.4
West Windsor 102 6.8 64 2.7 86 3.74 80 3.5
Law 209 19 144 12 156 12 132 5
Hamilton 598 32 406 8.8 417 7.4 356 4.6
Ewing 270 15 206 10 201 10 144 4.5
Plainsb 100 11 65 3.8 69 6.9 63 4
Mont 151 10.7 99 5.8 108 6.3 104 5.8
Editor's Notes
Populate this table to show the local absorption rate in the various price ranges that are appropriate for your market area. Please add or delete rows as necessary to adequately reflect local conditions.