Is Princeton Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
At the same time last year, Princeton Township was a Seller's Market.
Key Takeaway
Princeton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Princeton Township, NJ cost?
Median Sold Price
$1,200,000
$412/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Key Takeaway
Homes in Princeton Township have sold for 9.3% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $600K | $695K | +15.8% |
| 3 Bedrooms | $770K | $887.5K | +15.3% |
| 4 Bedrooms | $1.0M | $1.0M | +0.7% |
| 5+ Bedrooms | $1.6M | $1.7M | +10.8% |
Median Sold Price Compared To Nearby Cities
| Princeton | $957.5K | $1.2M | +25.3% |
| Skillman | $800K | $895K | +11.9% |
| Montgomery Township | $729.1K | $798.6K | +9.5% |
| Princeton Township | $1.0M | $1.2M | +9.3% |
How many homes are available in Princeton Township, NJ?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 80 | 69 | -13.8% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 25 | 21 | -16.0% |
| 5+ Bedrooms | 33 | 28 | -15.2% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 19 | 5 | -73.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Princeton Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 85 Days | 28 Days | -66.6% |
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Princeton Township are selling fast, if you're buying plan to act quickly.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2023 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2023, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.