February 26, 2010
How Do National and Regional and Local Sales Data Differ?
Single-Family Homes and Condos
Single-family home sales fell 6.9 percent to a seasonally adjusted annual rate of 4.43 million in January 2010 from a level of 4.76 million in December, but are 8.6 percent above the 4.08 million pace in January 2009. The median existing single-family home price was $163,600 in January, down 0.4 percent from a year ago.
Existing condominium and co-op sales dropped 8.1 percent to a seasonally adjusted annual rate of 620,000 in January from 675,000 in December, but are 38.1 percent above the 449,000-unit level a year ago. The median existing condo price was $172,400 in January, which is 1.4 percent higher than January 2009.
Regional Performance
Existing-home sales in the Northeast fell 10.9 percent to an annual pace of 820,000 in January 2010 but are 22.4 percent above a year ago. The median price in the Northeast was $245,300, a gain of 8.8 percent from January 2009.
Posted by: Bruce
Properties for sale as of March 1, 2010 include 28 condominiums [priced from $142,500 to $575,000], 11 town houses [priced from $258,000 to $575,000], 24 single family homes [priced from $299,000 to $1,100,000], located in developments and in rural settings. The ongoing construction of new homes in several developments such as Toll Brothers' Cranbury Brook (active adult) and in nearby townships, including the Estates at Princeton Junction and Centex's Elements at West Windsor (also active adult) also affords you the option of purchasing a new home closeby.
Thanks
for coming to visit with us about real estate in Plainsboro, New Jersey.
The township is a growing community located in central New Jersey and the location
of many Fortune 500 companies. When searching properties for sale you will have
a lot to consider.
You will find many price ranges, ages and styles of real estate, available in Plainsboro Township, New Jersey, located near Exit 8A of the New Jersey Turnpike in central New Jersey. The township is served by the US Postal Service as Plainsoro, NJ, with the zipcode of 08536, with portions of the townships being served from Princeton, NJ with the 08540 zipcode. If you are looking for real estate in this area, we hope to serve as your starting point for information on the various neighborhoods and homes for sale in Plainsboro.
An overview of the neighborhoods in Plainsboro and the variety of homes for sale are outlined at the neighborhoods button to the left. Feel free to check out the types of real estate and contact us for further information using the form at the bottom of the neighborhood's page. We would also like the opportunity to assist you in purchasing when you are ready to pursue that option.
It is currently March 10th 2010, 08:04 am in Plainsboro, New Jersey.
January 14, 2010
Updated Neighborhood Sales Information
Sales data for the last two years has just been incorporated into the data supplied for each of Plainsboro Township's neighborhoods. The number of sales have remained fairly constant, and as you would expect sales prices have generally declined as values are being affected by the national economy.
Posted by: Bruce
December 07, 2009
December 2009 Market Conditions
Plainsboro currently has 49 homes for sale. Through today, there have been 221 homes sold so far this year. At this rate of home sales, it would take only 2 months to exhaust the supply, making this a strong seller's market. The average sales price has been $366,906 for homes were asking an average price of $390,130.
Information from TREND MLS - Information Deemed Reliable but Not Guaranteed.
Posted by: Bruce
Information on
neighboring townships: