Princeton NJ Real Estate Homes » West Windsor NJ

Princeton NJ Condos For Sale In Downtown Princeton – 25 Palmer Square West

Faina Sechzer — Tue, 03 Feb 2009 21:53:19 +0000

25 Palmer Square West – Princeton Borough Condo For Sale

25 Palmer Square West - Living Room

There are Princeton homes and condos for sale that immediately strike you with their vibe. Soho Loft – is the best way to describe the feel of this Princeton downtown condo. There is also a bit of a Paris apartment feel, with the Palmer Square seen through the tall windows. Upbeat and gracious is what you will find in this Princeton home.

Present owner if this 1 bedroom 1 bath Princeton condo renovated this apartment with sensibility to location and convenience, leaving the charm untouched.

You could set the mood to your liking with Bose in-wall speakers and recessed lighting throughout.

Tired of eating out? There is an award-winning full kitchen with new stainless steel appliances, Miele stove, designer sink, and custom soapstone countertops and breakfast bar.

Here is how not to sacrifice charm for convenience: handsome flat iron radiators installed in 2006; upgraded 220V electric service , and original, well-maintained working brick fireplace.

Anyone who wants to feel young should should put this Princeton condo for sale on their list of must see homes.

Offered at $475,000. Call 609-553-4175 for a private showing.

Princeton Condos For Sale Guide

Princeton Condos For Sale Market Report

How does this Princeton condo compare to others ? Check out the live feed of all townhhouses and condos in Princeton:

Princeton Condos and Townhouses For Sale In MLS

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

West Windsor NJ Real Estate Market Report – June 2008 and First 180 Days 2008

Faina Sechzer — Mon, 04 Aug 2008 05:22:11 +0000

I.West Windsor Real Estate Statistics June 2008 and First Half 2008 Summary

The West Windsor NJ real estate
market report for June 2008 is important as it completes the
picture for the first six months of 2008 and also covers the usually
busiest real estate market in the summer. The West Windsor real estate
statistics show significant 26% decline in the number of houses listed
for June 2008 and 12% decline for the first six months 2008, compared
to the same periods in 2007.

With fewer houses on the market, there were declines in the number of West Windsor homes sold in June 2008 and in the first half of 2008, compared to the same periods in 2007. These declines are 13% and 16% respectively. The average price decline of 2% for homes sold in West Windsor could be considered moderate for the first 180 days in 2008, compared to 2007, reflective of the relative limited inventory.

Read: Princeton NJ Mercer County Real Estate Market Housing Report -Second Quarter 2008

II. West Windsor Real Estate Market June 2008

West Windsor Houses Sold 2008

Total number 29

Median Price $570,000

Average Price $591,990

Avg. Sold Price/original Price 94%

West Windsor Condos Sold 2008

Total number 5

Median Price $273,500

Average Price $278,500

Avg. sold price/Original Price 94%

West Windsor Houses Pending 2008

Total number 30

Median Price $659,000

Average Price $673,780

West Windsor Condos Pending 2008

Total number 9

Median Price $389,000

Average Price $371,000

West Windsor Houses Active 2008

Total number 158

Median Price $628,980

Average Price $677,670

West Windsor Condos Active 2008

Total number 32

Median Price $336,900

Average Price $351,770

West Windsor Real Estate Statistics – Houses & Condos June 2008

Units Listed 42

Listed Average Price $550,446

Pended 36

Units Sold 34

Sold Average $545,887

Average DOM 57

West Windsor Real Estate Statistics – Houses & Condos June 2007

Units Listed 57

Listed Average Price $572,723

Pended 40

Units Sold 39

Sold Average Price $560,153

Average DOM 80

III. West Windsor Real Estate Market - First Half 2008

West Windsor Houses Sold

Total number 110

Median Price $513,000

Average Price $565,750

Avg. Sold Price/ Original Price 92%

West Windsor Condos Sold

Total number 27

Median Price $336,900

Average Price $351,770

Avg. Sold Price/ Original Price 94%

West Windsor Real Estate – Houses & Condos – First Half 2008

Units Listed 302

Listed Average Price $595,413

Pended 186

Units Sold 136

Sold Average Price $516,427

Average DOM 74

West Windsor Real Estate – Houses & Condos First Half 2007

Units Listed 342

Listed Average Price $599,694

Pended 211

Units Sold 162

Sold Average Price $528,999

Average DOM 84

Data based on Trend MLS 07/22/2008 and is not guaranteed.

Use our free West Windsor Homes Search if you are considering relocating to West Windsor NJ and search for West Windsor homes for sale 24/7.

Please call 609-553-4175 for services in Princeton, Montgomery Township, West Windsor, Plainsboro, Princeton Junction, Hopewell, Pennington, and Lawrenceville New Jersey.New Jersey Real estate, New Jersey homes for sale and/or listing New Jersey homes to sell, relocation services and assistance. Referrals are accepted. Countrywide and international relocation program is available.

Faina Sechzer does not guarantee or is in any way responsible for accuracy of the information on this site, and provides said information without warranties of any kind, either expressed or implied. Every consumer is urged to perform their own research and analysis.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

West Windsor Mercer County Real Estate – Bridge Project Closes Alexander Road

Faina Sechzer — Mon, 04 Aug 2008 05:13:26 +0000

West Windsor Mercer County Alexander Road Bridge is now closed for construction.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

New Jersey Real Estate|West Windsor Real Estate Housing Market May 2008

Faina Sechzer — Fri, 20 Jun 2008 01:22:27 +0000

New Jersey Real Estate – W. Windsor Housing Market May 2008

West Windsor real estate in May 2008 is not very different from May 2007. There was a small reductions of houses
listed this month compared to same period last year and to April of 2007. The median prices for houses have increased compared to April 2008 but decreased compared to May 2007. The interesting factors is that the median price for West Windsor condos has continued to decline from last year and from last month.This could be an indication that the first time home buyers are affected by the mortgage problems and are not in a position to by, this reducing demand for condos and therefore declining prices. In some communities , like Princeton, the inventory of available homes has been much lower then last year. This is not the case in West Windsor.

The demand for W. Windsor real estate, as measured by the number of W. Windsor homes placed under contract (pended) is down 7% compared to last year and up 3% since last month. The number of houses sold in May is a bit less then last year, but has more then doubled compared to April 2008. It could indicate the realization by many buyers that this is a good market for them with a lot of choices and relatively low interest rates.

Days On the Market is a measure (not totally accurate for several reasons) of how long it takes for a W.Windsor house to go under contract. This number has increased significantly 37% since April and 26% compared to May 2007.
Below are the details for the West Windsor real estate housing statistics for May 2008.

New Jersey Real Estate - West Windsor Housing Market Detail

Housing Supply – West Windsor Homes For Sale

Units Listed 05/2008 58

Units Listed 05/2007 Down 2%
Units Listed 04/2008 Down 5%

Units Active    05/2008    204
Units Active    05/2007    Down 8%
Units Active    04/2008    Up 4%

Prices Of West Windsor Homes Sold

Sold Average 05/2008    $1,028,755
Sold Average 05/2007    Up 12%
Sold Average 04/2008    Down 2%

Housing Demand - West Windsor Homes Sold

Units Sold    05/2008    34
Units Sold    05/2007    Down 3%
Units Sold    04/2008    Up 113%

Units Pended 05/2008    40
Units Pended 05/2007    Down 7%
Units Pended 04/2008    Up 3%

Days On The market – West Windsor Homes Sold
DOM        05/2008    78
DOM        05/2007    Up 26%
DOM        04/2008    Up 37%

Median Price – West Windsor Real Estate Sold

Median Price Houses 05/2008 $510,000

Median Price Houses 05/2007 Down 13%

Median Price Houses 04/2008 Up 16%

Median Price Condos 05/2008 $275,000

Median Price Condos 05/2007 Down 13%

Median Price Condos 04/2008 Down 22%

Analysis is based on Trend MLS as of 6/19/2008 data and is not guaranteed.

Read more about West Windsor real estate:

West Windsor NJ Real Estate – Housing Report First Quarter 2008

New Jersey Real Estate – West Windsor Housing Prices 2004-2007

West Windsor NJ Mercer County Real Estate – Housing Report First Quarter 2008

Faina Sechzer — Thu, 22 May 2008 00:36:21 +0000

West Windsor NJ Real Estate – First Quarter 2008

The West Windsor NJ real estate (of the greater Princeton NJ) report is now completed with the results for the 1st quarter. This report details the prices of West Windsor NJ homes for sale, trends in the numbers of homes sold, the average days on the market
it took to sell the house and the rate at which houses have sold. Data is compared it to the real estate statistics
for the same period of last year -Q1
2007. The West Windsor NJ real estate is different from Princeton NJ real estate Montgomery NJ real estate. You can review the report for Princeton NJ real estate and Montgomery NJ real estate housing report could be used for comparison.

This is important information for West Windsor NJ real estate area buyers and sellers. In summary the data suggests significant slowing of the real estate market as the uncertainty of the buyers about further price declines and the condition of the economy continue. the effect of this slowdown is reflected in fewer West Windsor houses going on the market as as well as fewer houses going under contract and being sold. The West Windsor NJ real estate average sale price is a bit higher this quarter then the same quarter in 2007, but the median price is 10% lower. I explained in the article “Who else wants clarity about real estate prices” the difficulty of understanding of why these numbers could be different. There is slight decrease in the average Days On The Market – a measure of time it takes to sell.

The decline in the number of houses on the market illustrates home sellers reluctance for putting their homes on the market, unless they absolutely have to. This could be good news for the buyers. More sellers serious about selling could lead to more realistic home prices. The data bellow is for the Q1 2008*.

There are various sources of information available to West Windsor NJ real estate buyers and home sellers. It is important to make sure you understand the credibility of the NJ realtor or another information provider and the sources of the underlying data. Most important is to understand the meaning of each price of information, as such information could be quite confusing not just to consumers but to many New Jersey Realtors as well.

West Windsor NJ Real Estate Prices of Houses Sold
Average home price – $481,716

Average price Q1 2008 vs. Q1 2007: Up 3%

Median Price Q1 2008 – $418,500

Median Price Q1 2008 vs. Q1 2007 Down 10 %

No dramatic conclusions about the direction of the real estate prices can be determined by looking at the numbers for one quarter, because they depend on the type of sales during this quarter. Preponderance of more expensive homes sold during this period would increase the price, but does not mean prices are going up. In fact the exact opposite could be happening. To determine the real direction of real estate prices, same property sales has to be tracked over time.

West Windsor NJ Real Estate – Housing Supply
Number of houses on the market

Q1 2008 -192

Q1 2008 vs. Q1 2007 Down 12%

The 12% decline compared to first quarter 2007 indicates, the sellers decisions not to sell, unless they absolutely have to.

West Windsor NJ Real Estate – Housing Demand

Two most important indicators of West Windsor NJ real estate demand are: the number of houses sold and the number of houses put placed under contract (Pended). There has been a significant decline in both of these categories in Q1 2008 compared to Q1 2007. West Windsor NJ number of Houses Pended is most indicative of the market today, since it reflects the contacts being entered now, as compared with the Sold category, which reflects houses gone under contract several months ago, and closed this quarter.

West Windsor NJ- Number of Houses Sold

Q1 2008 – 51

Q1 2008 vs. Q1 2007 -Down 20%

It could be expected that with fewer houses on the market there would be fewer houses sold and/or placed under contract. To have an indication of the houses sold relative to the number of active listings, I am introducing a new measure:

% Houses Sold compared to Active

Average % Pended) vs. Active – Q1 2008 – 14%

Average % Pended vs. Active – Q1 2007 – 16%

West Windsor NJ – Number of Houses Pended

Q1 2008 – 70

Q1 2008 vs. Q1 2007 -Down 29%

West Windsor NJ Homes For Sale – Days On The Market

Average DOM Q1 2008 -88

Average DOM Q1 2008 vs. Q1 2007 - Down 9%

Average days on the the market for the sold houses is also slightly down from Q1 last year, which doesn’t necessarily mean that West Windsor houses for sale are selling faster. Buyers uncertainty and unwillingness of many sellers to price their houses correctly is reflected in the increased length of time it take to sell them.

Princeton NJ Mercer County Real Estate – West Windsor NJ Real Estate Prices 2004-2007

Faina Sechzer — Mon, 21 Apr 2008 03:02:23 +0000

The prices of homes in the West Windsor NJ real estate market is an important issue for the homeowners. It is even more so on the minds of many now, given the economic uncertainties of the effects of the sub prime mortgage fall out and the possible recession. The price of the homes sold is one of the indicators of the real estate market.

West Windsor real estate prices for the period of 2004 – 2007 had a 14% increase in the average sale price.The largest increase occurred in 2005, followed by a smaller increase in 2006, when other towns had already started showing price declines. The 2007 average house prices in West Windsor have declined 4%.

In comparison, Princeton average price has increased 3% in 2007; Hopewell showed an increase for the 2007 of 4%, Montgomery Township decline of
3%, and Pennington decline of 15 %.

The charts below lllustrates the differences in the trend for the other areas in the greater Princeton NJ real estate market.

The charts below lllustrate the differences in the trend for the other areas in the greater Princeton NJ real estate market.

The concerns about the economy and the general perception of the public that real estate priceswill be going down is keeping many buyers from entering the market. On
the other hand, there are still buyers that need to buy because of their circumstances and houses priced competitively will continue to sell.

Please call 609-553-4175 to learn more about the condition of the local Princeton NJ real estate, Montgomery NJ real estate, Hopewell NJ real estate, West Windsor NJ real estate, Princeton Junction real estate, Pennington real estate,
Lawrenceville real estate.

* Data is based on the Trend MLS and is not guaranteed.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Princeton Mercer County NJ Real Estate – West Windsor Housing Inventory – January 2008

Faina Sechzer — Mon, 21 Apr 2008 02:55:00 +0000

West Windsor NJ Real Estate – Homes For Sale Inventory January 2008

What is the condition of the real estate market in the West Windsor NJ and
other surrounding towns in the greater Princeton area? Homeowners,
not just those who are currently selling or buying their house are
concerned about the implications of the sub-prime mortgage problems and
predictions of further home price declines. The answer for West Windsor may be the most positive one.

The Press has been consistently reporting that now is the buyers market and that five years ago it was sellers market.
By this, people usually mean who has the upper hand in the market, or
whether there are more buyers than sellers in the market. In the buyers market home prices usually decline, in the sellers market – home prices increase.

In the real estate language buyers and sellers market are often defined by inventory accumulation,
which means how many months it would take to sell the houses on the
market now (at the average historical monthly sales rate), if no
additional houses came on the market. This technical sounding term is a
result of simple arithmetic: dividing the total number of the available
houses on the market by the average number of sales per months. For
example, if there are currently 20 houses on the market and on the
average 2 houses per month are sold, the inventory accumulation equals
two.

In the past it was believed that the buyers market is when the inventory accumulation exceeds 6 months. It is considered to be the sellers market when inventory accumulation is less then 6 months.

West Windsor inventory accumulation is one of the lowest in the area at 3 months. Looking at the chart bellow it would appear that Hopewell NJ is the only market (out of the five examined) that by this definition is buyers market.

West Windsor NJ Housing Inventory January 2008*

The following are the conclusions for what this information means for the West Windsor NJ real estate.

This data seems to contradict what we hear on the news about the real estate markets that it is a buyers market. What is happening is that the sellers are holding off putting their homes on the market, or taking them off the market, resulting in the low supply of homes for sale and driving the inventory accumulation numbers down. This does not necessarily mean that the prices of homes will go up (which is what usually happens when there is scarcity of supply). The buyers are not rushing into the market and are waiting for the prices to go down.

For the Princeton area home buyers in West Windsor NJ this means availability of good supply of homes for sale without the pressure of the imminent price increases. For the West Windsor house sellers the low inventory can ease the downward pressure on home prices. It does not mean that home sellers can now count on home appreciation if they bought their home within the last two-three years.

You can read more about the Princeton NJ area real estate statistics in the following articles:

Princeton NJ Mercer County Real Estate – West Windsor Housing Prices 2004-2007

Princeton Mercer County NJ Real Estate – Secrets to selling your house like an agent.

Princeton Mercer County NJ Real Estate -Secrets To Buying A Home Like A Realtor

Princeton Mercer County NJ Real Estate Sellers- 3 Things That Sell Houses Now

Princeton Mercer County NJ Real Estate – 5 Deadly Mistakes When Selling Your House

Princeton Mercer County NJ Real Estate – Prices of Houses Sold in Princeton -January 2008

*Data is based on Trend MLS and is not guaranteed.

Please contact Faina Sechzer at 609-553-4175 with questions about real estate, homes for sale and/or listing your house to sell, and relocation assistance in Princeton, Montgomery Township, West Windsor, Hopewell, and Lawrenceville New Jersey. Referrals are accepted.
If you are moving out of the greater Princeton area, please inquire about the countrywide relocation program.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Princeton NJ Real Estate Homes » West Windsor NJ

Princeton NJ Condos For Sale In Downtown Princeton – 25 Palmer Square West

25 Palmer Square West – Princeton Borough Condo For Sale 25 Palmer Square West - Living Room

West Windsor NJ Real Estate Market Report – June 2008 and First 180 Days 2008

West Windsor Mercer County Real Estate – Bridge Project Closes Alexander Road

New Jersey Real Estate|West Windsor Real Estate Housing Market May 2008

New Jersey Real Estate – W. Windsor Housing Market May 2008

New Jersey Real Estate - West Windsor Housing Market Detail

Housing Supply – West Windsor Homes For Sale

West Windsor NJ Mercer County Real Estate – Housing Report First Quarter 2008

Princeton NJ Mercer County Real Estate – West Windsor NJ Real Estate Prices 2004-2007

Princeton Mercer County NJ Real Estate – West Windsor Housing Inventory – January 2008

West Windsor NJ Real Estate – Homes For Sale Inventory January 2008

25 Palmer Square West – Princeton Borough Condo For Sale

25 Palmer Square West - Living Room