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!

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2006 - 2008 Core Market Comparison: Week of 10/13/08
Town
‘11
Inven.
Count
‘11
Pending
Sales
‘11
Absorp.
Rate
‘12
Inven.
Count
‘12
Pending
Sales
‘12
Absorp.
Rate
‘13
Inven.
Count
‘13
Pending
Sales
‘13
Absorp.
Rate
Inventory
compared
to 2011
Inventory
compared to
2012
West
Windsor 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%
East
Windsor 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%
Hopewell
Twp 205 11 18.6 183 14 13.1 166 20 8.3 81% 91%
Robbinsvill
e 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%
South
Brunswick 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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Mercer County (Princeton) Homes for Sale Year over Year Comparison

1. 2006 - 2008 Core Market Comparison: Week of 10/13/08 Town ‘11 Inven. Count ‘11 Pending Sales ‘11 Absorp. Rate ‘12 Inven. Count ‘12 Pending Sales ‘12 Absorp. Rate ‘13 Inven. Count ‘13 Pending Sales ‘13 Absorp. Rate Inventory compared to 2011 Inventory compared to 2012 West Windsor 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% East Windsor 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% Hopewell Twp 205 11 18.6 183 14 13.1 166 20 8.3 81% 91% Robbinsvill e 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% South Brunswick 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

Mercer County (Princeton) Homes for Sale Year over Year Comparison

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Mercer County (Princeton) Homes for Sale Year over Year Comparison