January 2023 and the Princeton Residential Real Estate Market

February 7, 2023

The January 2023 sales data further proves that we are in a transitioning market and we need new inventory. There were material decreases in Units Sold (-56%), in Units Pended (-57%), and in Days on Market (-40%) while Units Listed (+26%), Average Sale Price (+25%), and Median Sale Price (+23%) all significantly increased in January 2023 versus January 2022. In other … More January 2023 and the Princeton Residential Real Estate Market

February 2023 and the Princeton Residential Real Estate Market

March 8, 2023

Much like January 2023, the February 2023 sales data continues to show that we are in a transitioning market and that we need new inventory. As you will see, the statistics we are about to share look a bit wonky and we can’t help but wonder where we would be if there was more inventory … More February 2023 and the Princeton Residential Real Estate Market

2022 Princeton Residential Real Estate Year-in-Review

January 10, 2023

Last year was another interesting year for the Princeton residential real estate market. The beginning of 2022 was filled with multiple bids, quick sales, and fewer listings. A property would be introduced on Thursday and under contract by the following Tuesday. Sometime in the mid-to-late second quarter, a shift occurred. The market changed from the … More 2022 Princeton Residential Real Estate Year-in-Review

October 2022 and the Princeton Residential Real Estate Market

November 11, 2022

Like last month, the October 2022 data is going to look a bit wonky compared to October 2021. The Average Sold Price (+24%) and the Median Sale Price (+55%) both experienced material increases. Units Sold (-15%), Units Listed (-4%), Units Pended (-38%), and Days on Market (-7%) all decreased compared to October 2021. In other … More October 2022 and the Princeton Residential Real Estate Market

Introducing: 1 North Road, Princeton, NJ 08540

November 4, 2022

While this sprawling Colonial goes on and on, it retains a certain cozy charm and an inviting cottage vibe that is simply impossible to replicate in a new home. Maintaining the integrity of the original 19th century farmhouse and enhancing the privacy of the expertly landscaped property were top priorities when planning the addition of … More Introducing: 1 North Road, Princeton, NJ 08540