January 05, 2012
Neighborhood Sales Prices in the Towship and Borough for the Last Two Years
The final selling prices of homes and numbers of homes sold in the various sections of Princeton township and borough for the last two years have been updated in the Neighborhoods section of this website. The numbers and averages for the entire township for the year 2011 can be found at this page concerning statistics for the entire township. The numbers and averages for the borough for the year 2011 can be found at this page concerning statistics for the borough. Yes, Virginia, all real estate is local.
Posted by: Bruce
November 17, 2011
Housing Market Update
There is currently a 10 month inventory of homes for sale in Princeton borough and township. There are 200 homes available but at a rate of only twenty selling per month, it will take that long for the current listings to sell. The current average list price is $1,370,778 with the average sale price in the last year at $880,880. It has been taking on average 99 days for the homes that have sold to find a buyer. These statistics make it a buyers market in Princeton.
TREND MLS - Information Deemed Reliable but Not Guaranteed.
Posted by: Bruce
October 22, 2011
Weidel Spooktacular
A little blatant advertising coming up. Weidels Hopewell Valley office is hosting a Spooktacular on Friday, October 28th from 4:00 pm til 7:00 pm. There will be Food, Face Painting, Music, Prizes, and other treats. Being held for our customers and for the community at large, we invite you to bring your little ghouls and goblins for pumpkin painting. The event is held at our office in Pennington located across Route 31 from the Pennington Market. The rain date for the affair is on Saturday, October 29th, same time - same place.
Posted by: Bruce
July 13, 2011
The Princeton Real Estate Market Statistics
Well, we are halfway through this year. How are things stacking up against last year?
In the Princetons, both borough and township, we have had 240 sales in the past 12 months compared to 242 in the preceding twelve months. The average sale price has risen from $866,705 to $915,794 and it is taking 98 days for the average sale to get a contract compared to 116 days in the previous 12 month span.
This makes it a tremendous buyers market with 516 homes available and interest rates at historically low levels. Check out the homes on the market.
Posted by: Bruce
May 29, 2011
Price Range of Princeton Homes
Homes From $500,000 to $750,000
Homes From $750,000 to $1,000,000
Posted by: Bonnie
January 26, 2011
Sales Up, Prices Dip
The amount of Princeton township and borough homes sold in 2010 was up from 2009, from 217 homes to 226 residences sold respectively. The average sold price in 2009 was $918,748 and decreased to $883,583 this last year. The average days on the market did also decrease from 111 to 102 year over year. While the numbers of sales increased, the sold prices decreased along with marketing time. So it is not all doom and gloom as the national media would have you believe, as least in the Princeton market.
Posted by: Bruce
October 14, 2010
Relocating?
While helping you to relocate to Princeton, New Jersey is the focus of this website, if you are thinking of leaving Tigertown (why would you??), we can help you with that also. From assisting you in the sale of your current home, to help in obtaining information on homes in other locales around the globe, it is just as easy as clicking on the Contact Us button on the lower left of this screen.
Posted by: Bruce
July 23, 2010
Sales Decline Year over Year
With the first half of the year behind us, here is a look at how the real estate market is faring in the Princetons. There have been 241 homes sold in the past 12 months for an average sale price of $867,003. The average asking price was $972,569 and the homes spent an average of 116 days on the market.
The previous twelve months (July 2008 to June 2009) saw a per-house average sale price of $933,212 for the 206 homes that sold. The average asking price was $1,062,324 and it took on the average 103 days for them to sell.
Just a quick glance will tell you that the number of homes sold decreased and the time on the market increased from year to year, and that the average sold price decreased about 7%. While all this may be statistically true, it may also relate to the types of homes being sold.
Information from the TReND MLS is deemed reliable but is not guaranteed.
Posted by: Bruce
June 10, 2010
Beginning A Career in Real Estate
Perhaps you are wondering: How you get a license? How do you join a company? What does it cost? and How do you make money?
For insights into the answers, visit Careers In Central New Jersey Real Estate. You will find information on Schooling, Licensing, and Careers Choices.
Posted by: Bruce
April 23, 2010
Search for Homes by Price Range
Homes From $500,000 to $750,000
Homes From $750,000 to $1,000,000
Posted by: Bruce
Information on
neighboring townships: