February 2023 and the Princeton Residential Real Estate Market

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

January 2023 and the Princeton Residential Real Estate Market

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

2022 Princeton Residential Real Estate Year-in-Review

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

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

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