Princeton’s January 2018 Real Estate Report
It was a light closing month in January with only 12 homes settling.
As depicted in the graphic above the average sales price for homes in Princeton was $1.092 million and the homes that closed took an average of 100 days to settle. (click for a complete list of addresses and prices of the homes that sold in January).
The Princeton sellers whose home closed in January retained 92% of their original asking price. This is a couple of percentage points below the 2017 average.
The most popular model of home sold in January was colonials with 10 of the 12 being that model.
The biggest story in the Princeton real estate market right now is inventory…or lack thereof. The market is in a critical under supply mode. Market conditions favor sellers, especially sellers of homes in the more affordable price brackets.
Here are the latest homes to come on the market in Princeton:
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January 2018 Princeton Area Real Estate Market Forecast
2018 Princeton Area Real Estate Market Forecast (in Mandarin)
Princeton, NJ Real Estate Executive Summary 2012-2017
Want to be the Princeton, NJ Real Estate Market Expert? Take a look at this exclusive report detailing home prices in Princeton since 2012. You can compare condo v single family, list to sale price ratio and look at the pricing trends. Enjoy.
175 Bertrand Princeton, NJ
Offered by Beatrice Bloom, this 5000 square foot single family home has 5 bedrooms and 6.0 bathrooms. It is located at 175 Bertrand Dr Princeton, New Jersey. This home is in the Princeton Regional School District. The nearest schools are LITTLEBROOK E.S., JOHN WITHERSPOON M.S. and PRINCETON H.S.
See below for additional Princeton Luxury Homes for sale:
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36 Cameron Court, Princeton NJ
Very well maintained Queenston Commons 3 bedroom 2 1/2 bath townhome. The home has many updates including a newer kitchen with birch stained cabinets, Corian counter tops as well as a trash compactor. First floor has a den, dining area and a large living room/great room that is awash with beautiful sunlight from the wall of windows. It also boasts a gas log fireplace that makes cozy nights sitting by the fire so very enticing. There is a new slider that leads you out to a magnificent Japanese garden. The first floor also has upgraded Berber carpet with hardwood floors underneath. The second floor has three nice sized bedrooms a master suite with a large walk in closet and master bath. There is another full bath and lots of closet space which completes the second floor. The full basement is partially finished with plenty of storage space. The home has carpeting and hard wood floors throughout as well as a central vacuum system. There are also custom bookshelf units throughout the home. The heating and air conditioning units are 2 years old The owner had a government sponsored energy audit conducted and as a result had the entire home fitted with energy saving insulation installed throughout the house and basement. Queenston Common boasts a swimming pool, tennis courts, putting green and a picnic area. It’s a short walk to Princeton center and close to public transportation and shopping. It’s an easy commute to NYC and Philadelphia.
Call Joe Plotnick for details: 732-979-9116.
Here are similar homes for sale in Princeton:
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131 Bertrand, Princeton
Presented by Beatrice Bloom. Style and Comfort! Step into this bright, sun filled custom built home to see its open floorplan and sleek lines. This 4 year old contemporary house has plenty of luxury features, including dark hardwood floors throughout, 9 ft ceilings and both crown and baseboard molding on the first floor. The large kitchen/dining features dark granite countertops offset by crisp white cabinets, walk in pantry, center island with seating, stainless steel appliances including Miele dishwasher and 5 burner induction range, Electrolux double oven and Sub Zero fridge with two freezer drawers. The kitchen has views of both the covered deck and large backyard in addition to opening to the great room with recessed lighting, custom floating bookshelves and gas fireplace. The first floor also features a bright office (could be formal dining room) and a mudroom with plenty of storage, wash basin and access to the oversized two car garage. Upstairs, double doors open to the master suite with sitting area and two walk in closets. The master bath has a huge soaking tub with blue glass tile surround, large shower with two shower heads and glass door, and double vanity. Two additional bedrooms with custom closet organizers are connected by a sleek bathroom with two sinks and separate shower/toilet area. There is another bedroom with walk in closet and en-suite bath. Downstairs, the lower level family room boasts high ceilings, full bathroom and double door for outside access. Highlight of this beautiful backyard include professional landscaping, bluestone patio and steps to create a multi-level oasis. All this style and comfort paired with a fantastic location just minutes from Smoyer Park and downtown Princeton makes this house a must see!
Take a look at similar homes for sale in Princeton:
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