Is West Windsor Township, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Windsor Township is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, West Windsor Township has remained a Seller's Market.

Key Takeaway

West Windsor Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in West Windsor Township, NJ cost?

Median Sold Price

$728,833

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$67,583(+10.2%)

Key Takeaway

Homes in West Windsor Township have sold for 10.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $123.4K$317.5K
+157.1%
2 $292K$366.5K
+25.5%
3 $535K$595K
+11.2%
4 $759.7K$900K
+18.5%
5+ $925K$975K
+5.4%

Median Sold Price Compared To Nearby Cities

Plainsboro
+23.1%
Plainsboro Township
+19.1%
Princeton Junction
+12.9%
West Windsor Township
+10.2%
Cranbury
+7.4%

How many homes are available in West Windsor Township, NJ?

Number of Homes For Sale

Sep 2022Oct 2022%
9670-27.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 2115
-28.6%
3 199
-52.6%
4 3633
-8.3%
5+ 1912
-36.8%

Number of Homes Sold

Sep 2022Oct 2022%
3423-32.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Windsor Township, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
25 Days41 Days+63.2%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Windsor Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About West Windsor Township, NJ

Number of homes for sale in West Windsor Township, NJ real estate market have reached 70. In October 2022 in West Windsor Township, NJ there were 27.1% less homes for sale than in September 2022. Listings spent 41 days on the market in October 2022, and had a median list price of $728,833 during the same period. Listing prices have changed in this real estate market between September 2022 and October 2022: prices of 1 bedroom properties went up by 157.1%, the cost of 2 bedrooms properties went up by 25.5%, the cost of 3 bedrooms properties went up by 11.2%, prices of 4 bedrooms properties went up by 18.5%, 5 bedrooms properties became 5.4% more expensive. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 28.6%, the quantity of 3 bedrooms homes went down by 52.6%, 4 bedrooms homes became 8.3% less available, volume of 5 bedrooms homes went down by 36.8%. In October 2022, from all listings sold in West Windsor Township, NJ there were more than 9 sold above asking price, over 12 sold below and more than 2 were sold right at the asked price.

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