HOPEWELL

MARKET REPORT
January 2021

Hopewell NJ home market trends show an increase of a total of $47 (21%) in the average price per square foot over the past 6 months. The average sales price over that same period rose from $435,083 to $732,500, while the median rent for this area is $1,564.

The average time on market for properties in Hopewell New Jersey is 59 days and buyers can expect to pay 98% of the seller’s asking price. (All of this is represented in detail with the help of graphs below.)

The WolfPack Homes Team is committed to keeping our clients up to date with all market statistics. Here is the January 2021 Hopewell NJ real estate market report. 

Please note that all these graphs are informative, you can scroll over each one of them and read carefully.

• Sales

Average sales price in January was $732,500. January was up from $506,667 in December, and up from $435,083 in February of 2020. Each year prices fluctuate and buyers must keep an eye on the market trends to know which time can be most beneficial for purchase.

• Market Time

Average days on market for homes in Hopewell NJ in January 2021 was 60, down from 80 in December 2020.

• Market Hotness

• Number of Homes Sold

Homes for sale in Hopewell NJ continued to trend up and down throughout most of last year, with the highest number of homes sold in February and July, the number of homes sold in Hopewell dropped through the third quarter of the year until October. Ending 2020 with an upward trend through December. We see a slight decrease in homes sold in January. This graph only demonstrates the number of homes sold in Hopewell NJ.

The statistics show the ups and downs. It is important for sellers and buyers to watch these trends in the real estate market. With the new year here, we will keep you informed of the market stats.

• Median Sale Price

As you can see in the above graph, the median sales price in January was $732,500, up from $506,667 in December, and up from $435,083 in February of 2020. June 2020 closed last year with the highest median sale price. Sales are forecasted to increase again as the spring season begins.

• Average Price Per Square Foot


As it is visible from the above graph, in the month of September 2020, the average price per square foot was the highest, reaching $233 per sqft. 

• Conclusion

Keep checking these market stats; we will provide them each month. If you would like to discuss the Hopewell housing market and how these trends affect selling your home, please call Nicole Wolf Realtor at The WolfPack Homes Team of Berkshire Hathaway Fox & Roach to discuss an optimum sales strategy at 609-610-5789. Looking for the top Realtor in Hopewell? We have the #1 market share in the local Hopewell NJ area! Whether you are looking to buy or sell a home in Hopewell, or in other neighborhoods such as Applewood, Hopewell Ridge, Sourland Mountains, etc. you can count on us to represent you the best. 

PRINCETON

MARKET REPORT
January2021

Princeton NJ home market trends show an decrease of a total of $11 (3%) in the average price per square foot over the past 6 months. The average sales price over that same period rose from $938,333 to $963,090,

while the median rent for this area is $1,563.

The average time on market for properties in Princeton New Jersey is 120 days and buyers can expect to pay 98% of the seller’s asking price. (All of this is represented in detail with the help of graphs below.)

Here is the January 2021 Princeton NJ real estate market report. The WolfPack Homes Team is committed to keeping our clients up to date with all market statistics. Here is the latest update for homes for sale in Princeton New Jersey. 

Please note that all these graphs are informative, you can scroll over each one of them and read carefully.

• Sales

Average sales price in January was $963,090 up from $962,361 in December, and up from $938,333 in February of 2020. Each year prices fluctuate and buyers must keep an eye on the market trends to know which time can be most beneficial for purchase.

• Market Time

Average days on market for homes in Princeton NJ in January 2021 was 120, up from 64 in December 2020.

• Market Hotness

• Number of Homes Sold

Homes for sale in Princeton NJ continued to trend up in the first and second quarters with the highest number of homes sold in July, the number of homes sold began to drop through the third quarter of the year until November ending 2020 with a spike in December and finally, declining throughout January 2021. This graph only demonstrates the number of homes sold in Princeton NJ.

See the latest Princeton NJ home listings here (make this a link)

The statistics show the ups and downs. It is important for sellers and buyers to watch these trends in the real estate market. With the new year coming, we will keep you informed of the market stats.

• Median Sale Price

As you can see in the above graph, the median sales price in January was $963,090 up from $962,361 in December, and up from $938,333 in February of 2020. October 2020 closed last year with the highest median sale price. Though sales from November through January have remained steady, sales are forecasted to increase again as the spring season begins.

• Average Price Per Square Foot



As it is visible from the above graph, in the month of July 2020, the average price per square foot was the highest, almost reaching $420 per sqft. In November 2020, it dropped down to $350 per sqft and in December 2020 it rose slightly above $350 per sqft. January 2021 showed a steady upward trend. 

 • Conclusion

Keep checking these market stats; we will provide them each month. If you would like to discuss the Princeton housing market and how these trends affect selling your home, please call Nicole Wolf Realtor at The WolfPack Homes Team of Berkshire Hathaway Fox & Roach to discuss an optimum sales strategy at 609-610-5789. Looking for the top Realtor in Princeton? We have the #1 market share in the local Princeton NJ area! Whether you are looking to buy or sell a home in Downtown Princeton, or in other neighborhoods such as Littlebrook, Riverside, the Western Section or Ettl Farms, Rosedale Acres, etc. you can count on us to represent you the best.

PRINCETON JUNCTION

MARKET REPORT
December 2020

Princeton Junction NJ home market trends show an increase of a total of $50 (21%) in the average price per square foot over the past 6 months. The average sales price over that same period rose from $402,667 to $511,667, while the median rent for this area is $1,135. 

The average time on market for properties in Princeton Junction New Jersey is 61 days and buyers can expect to pay 100% of the seller’s asking price. (All of this is represented in detail with the help of graphs below.) 

Here is the December 2020 Princeton Junction NJ market report. WolfPack Homes believes in transparency and providing our clients/customers the true statistics.

Please note that all these graphs are informative, you can scroll over each one of them and read carefully.

• Sales

Average sales price for homes sold in Princeton Junction NJ in December was $511,667. December was down from $619,000 in November, and up from $402,667 in January of 2020. Each year prices fluctuate and buyers must keep an eye on the market trends to know which time can be most beneficial for purchase.

• Market Time
Average days on market for homes in Princeton Junction NJ in December 2020 was 58, down from 103 in November 2020.

• Market Hotness

• Number of Homes Sold

Homes for sale in Princeton Junction NJ continued to fluctuate in the first and second quarters with the highest number of homes sold in August, the number of homes sold began to drop through the third quarter of the year until November ending 2020 with a slight spike in December. This graph only demonstrates the number of homes sold in Princeton Junction NJ.

It is important for sellers and buyers to watch these trends in the real estate market. With the new year coming, we will keep you informed of the market stats.

• Median Sale Price

As you can see in the above graph, median sales price for homes sold in Princeton Junction NJ in December was $511,667. December was down from $619,000 in November, and up from $402,667 in January of 2020. April 2020 closed the year with the highest median sale price. Sales are forecasted to increase again as the spring season begins.

• Average Price Per Square Foot


As it is visible from the above graph, in the month of September 2020, the average price per square foot was the highest, nearly reaching $300 per sqft. In November 2020, it dropped down to almost $200 per sqft and in December 2020 it rose rapidly back to above $280 per sqft.

• Conclusion

Keep checking these market stats; we will provide them each month. If you would like to discuss the Princeton Junction housing market and how these trends affect selling your home, please call Nicole Wolf Realtor at The WolfPack Homes Team of Berkshire Hathaway Fox & Roach to discuss an optimum sales strategy at 609-610-5789. Looking for the top Realtor in Princeton Junction? We have the #1 market share in the local Princeton Junction NJ area! Whether you are looking to buy or sell a home in Lawrenceville, Princeton, Montgomery Township, Hopewell, Princeton Junction etc. you can count on us to represent you the best.

MONTGOMERY TOWNSHIP

MARKET REPORT
December 2020

Montgomery Township NJ home market trends show an increase of a total of $30 (15%) in the average price per square foot over the past 6 months. The average sales price over that same period rose from $535,189 to $609,987,, while the median rent for this area is $2118. These stats are relevant for homes for sale in Skillman New Jersey, Belle Mead New Jersey and Rocky Hill New Jersey. 

The average time on market for properties in Montgomery Township New Jersey is 65 days and buyers can expect to pay 98% of the seller’s asking price. (All of this is represented in detail with the help of graphs below.)

Here is the December 2020 Montgomery Township NJ market report. WolfPack Homes believes in transparency and providing our clients/customers the true statistics.

Please note that all these graphs are informative, you can scroll over each one of them and read carefully.

• Sales

Average sales price in December 2020 was $609,987, it was down from $717,605 in November and up from $535,189 in January of 2020. Each year prices fluctuate and buyers must keep an eye on the market trends to know which time can be most beneficial for purchase.

• Market Time

Average days on market for the Montgomery Township neighborhood in December was 60, down from 65 in November.

• Market Hotness

• Number of Homes Sold

Homes for sale in Montgomery Township NJ held steady through the first quarter before steadily climbing starting in April and then spiking in June with the highest number of homes sold in July, the number of homes sold began to drop through the third quarter of the year until November ending 2020 with a slight trend up in December. This graph only demonstrates the number of homes sold in Montgomery Township NJ.

The statistics show the ups and downs of home for sale in Montgomery Township NJ. It is important for sellers and buyers to watch these trends in the real estate market. With the new year, we will keep you informed of the market stats.

• Median Sale Price

As you can see in the above graph, the median sales price in December was $609,987 down from $717,605 in November, and down from $535,189 in January of 2020. October 2020 closed the year with the highest median sale price. Sales are forecasted to increase again as the spring season begins.

• Average Price Per Square Foot



As visible from the above graph, in the month of April 2020, the average price per square foot was the highest, almost reaching $245 per sqft at its highest. After a dip in May 2020, it steadily increased until November 2020, before a spike up in December 2020.

• Conclusion

Keep checking these market stats; we will provide them each month. If you would like to discuss the Montgomery Township NJ housing market and how these trends affect selling your home, please call Nicole Wolf Realtor at The WolfPack Homes Team of Berkshire Hathaway Fox & Roach to discuss an optimum sales strategy at 609-610-5789. Looking for the top Realtor in Montgomery Township NJ? We have the #1 market share in the local Montgomery Township NJ NJ area! Whether you are looking to buy or sell a home in Lawrenceville, Princeton, Montgomery Township, Hopewell, Princeton Junction etc. you can count on us to represent you the best. 

LAWRENCEVILLE

MARKET REPORT
December 2020

Lawrenceville NJ home market trends show an increase of a total of $63 (48%) in the average price per square foot over the past 6 months. The average sales price over that same period rose from $231,667 to $283,844, while the median rent for this area is $1,921.

The average time on market for properties in Lawrenceville New Jersey is 36 days and buyers can expect to pay 99% of the seller’s asking price. (All of this is represented in detail with the help of graphs below.)

Here is the December 2020 Lawrenceville NJ real estate market report. The WolfPack Homes Team is committed to keeping our clients up to date with all market statistics. Here is the latest update for homes for sale in Lawrenceville New Jersey. 

Please note that all these graphs are informative, you can scroll over each one of them and read carefully.

• Sales

Average sales price in December 2020 was $283,844, it was down from $300,736 in November and up from $231,667 in January of 2020. For buyers, the phase was clearly an opportunity; each year prices fluctuate and buyers must keep an eye on the market trends to know which time can be most beneficial for purchase.

• Market Time
Average days on market for homes in Lawrenceville NJ in December 2020 was 37, no change in market time from November 2020. 

• Market Hotness

• Number of Homes Sold

Homes for sale in Lawrenceville NJ spiked in March then went down in April before steadily trending up from April to July where the number of homes for sale in Lawrenceville held until September before dropping in October, with November 2020 being the month with the most homes sold in Lawrenceville NJ. This graph only demonstrates the number of homes sold in Lawrenceville NJ.

The statistics show the ups and downs. It is important for sellers and buyers to watch these trends in the real estate market. With the new year coming, we will keep you informed of the market stats.

• Median Sale Price

As you can see in the above graph, the median sales price in December was $283,844 down from $300,736 in November, and up from $231,667 in January of 2020. September 2020 closed the year with the highest median sale price. Sales are forecasted to increase again as the spring season begins.

• Average Price Per Square Foot



As it is visible from the above graph, in the month of April 2020, the average price per square foot was the highest, reaching just over $200 per sqft. It fell in May to just under $175 per sqft and rose slightly through the end of the year. The 6 month average price per sqft was $180.

• Conclusion

Keep checking these market stats; we will provide them each month. If you would like to discuss the Lawrenceville housing market and how these trends affect selling your home, please call Nicole Wolf Realtor at The WolfPack Homes Team of Berkshire Hathaway Fox & Roach to discuss an optimum sales strategy at 609-610-5789. Looking for the top Realtor in Lawrenceville? We have the #1 market share in the local Lawrencville NJ area! Whether you are looking to buy or sell a home in Lawrenceville, Princeton, Montgomery Township, Hopewell, Princeton Junction etc. you can count on us to represent you the best. 

HOPEWELL

MARKET REPORT
December 2020

Hopewell NJ home market trends show an increase of a total of $96 (56%) in the average price per square foot over the past 6 months. The average sales price over that same period rose from $460,086 to $506,667, while the median rent for this area is $1,564.

The average time on market for properties in Hopewell New Jersey is 56 days and buyers can expect to pay 97% of the seller’s asking price. (All of this is represented in detail with the help of graphs below.)

The WolfPack Homes Team is committed to keeping our clients up to date with all market statistics. Here is the December 2020 Hopewell NJ real estate market report. 

Please note that all these graphs are informative, you can scroll over each one of them and read carefully.

• Sales

Average sales price in December 2020 was $506,667 it was up from $462,500 in November and up from $460,086 in January of 2020. For buyers, the phase was clearly an opportunity; each year prices fluctuate and buyers must keep an eye on the market trends to know which time can be most beneficial for purchase.

• Market Time

Average days on market for homes in Hopewell NJ in December 2020 was 80, down from 35 in November 2020.

• Market Hotness

• Number of Homes Sold

Homes for sale in Hopewell NJ continued to trend up and down throughout most of the year, with the highest number of homes sold in February and July, the number of homes sold in Hopewell dropped through the third quarter of the year until October ending 2020 with an upward trend through December. This graph only demonstrates the number of homes sold in Hopewell NJ.

The statistics show the ups and downs. It is important for sellers and buyers to watch these trends in the real estate market. With the new year coming, we will keep you informed of the market stats.

• Median Sale Price

As you can see in the above graph, the median sales price in December was $506,667 up from $462,500 in November, and up from $460,086 in January of 2020. June 2020 closed the year with the highest median sale price. Sales are forecasted to increase again as the spring season begins.

• Average Price Per Square Foot


As it is visible from the above graph, in the month of September 2020, the average price per square foot was the highest, reaching $233 per sqft. 

• Conclusion

Keep checking these market stats; we will provide them each month. If you would like to discuss the Hopewell housing market and how these trends affect selling your home, please call Nicole Wolf Realtor at The WolfPack Homes Team of Berkshire Hathaway Fox & Roach to discuss an optimum sales strategy at 609-610-5789. Looking for the top Realtor in Hopewell? We have the #1 market share in the local Hopewell NJ area! Whether you are looking to buy or sell a home in Hopewell, or in other neighborhoods such as Applewood, Hopewell Ridge, Sourland Mountains, etc. you can count on us to represent you the best. 

PRINCETON

MARKET REPORT
December 2020

Princeton NJ home market trends show an increase of a total of $63 (21%) in the average price per square foot over the past 6 months. The average sales price over that same period rose from $938,145 to $1,052,124, while the median rent for this area is $1,563.

The average time on market for properties in Princeton New Jersey is 64 days and buyers can expect to pay 98% of the seller’s asking price. (All of this is represented in detail with the help of graphs below.)

 Here is the December 2020 Princeton NJ real estate market report. The WolfPack Homes Team is committed to keeping our clients up to date with all market statistics. Here is the latest update for homes for sale in Princeton New Jersey. 

Please note that all these graphs are informative, you can scroll over each one of them and read carefully.

• Sales

Average sales price in December 2020 was $1,052,124, it was up from $938,145 in November and down from $1,192,816 in January of 2020. For buyers, the phase was clearly an opportunity; each year prices fluctuate and buyers must keep an eye on the market trends to know which time can be most beneficial for purchase.

• Market Time

Average days on market for homes in Princeton NJ in December 2020 was 64, down from 44 in November 2020.

 
• Market Hotness

• Number of Homes Sold

Homes for sale in Princeton NJ continued to trend up in the first and second quarters with the highest number of homes sold in July, the number of homes sold began to drop through the third quarter of the year until November ending 2020 with a spike in December. This graph only demonstrates the number of homes sold in Princeton NJ.

See the latest Princeton NJ home listings here (make this a link)

 The statistics show the ups and downs. It is important for sellers and buyers to watch these trends in the real estate market. With the new year coming, we will keep you informed of the market stats.


• Median Sale Price

As you can see in the above graph, the median sales price in December was $962,361 up from $938,145 in November, and down from $1,192,816 in January of 2020. October 2020 closed the year with the highest median sale price. Sales are forecasted to increase again as the spring season begins.

• Average Price Per Square Foot



As it is visible from the above graph, in the month of July 2020, the average price per square foot was the highest, almost reaching $420 per sqft. In November 2020, it dropped down to $350 per sqft and in December 2020 it rose slightly above $350 per sqft.

• Conclusion

Keep checking these market stats; we will provide them each month. If you would like to discuss the Princeton housing market and how these trends affect selling your home, please call Nicole Wolf Realtor at The WolfPack Homes Team of Berkshire Hathaway Fox & Roach to discuss an optimum sales strategy at 609-610-5789. Looking for the top Realtor in Princeton? We have the #1 market share in the local Princeton NJ area! Whether you are looking to buy or sell a home in Downtown Princeton, or in other neighborhoods such as Littlebrook, Riverside, the Western Section or Ettl Farms, Rosedale Acres, etc. you can count on us to represent you the best.

Princeton NJ is a highly coveted and ideal place to live because it offers dozens of amenities and things to do for families and individuals alike. Some favorite things include the Princeton University Art Museum, the beautiful public library, and the McCarter Theatre Center. Just miles away from the Princeton Junction train station, it is great for commuters to NYC.

Princeton NJ home market trends show an increase of a total of $18 (5%) in the average price per square foot over the past 6 months. The average sales price over that same period rose from $929,281 to $938,145, while the median rent for this area is $1,563.

Princeton NJ offers attractive opportunities, striking a refreshing balance between urban and suburban delights. If you love shopping and dining, there are excellent options.

Whether you are planning to raise a family or live solo or desire to retire in Princeton, you will find lots of reasons to love the area. It is a unique area you can find gorgeous luxury apartments in Princeton NJ or other types of homes for rent as well.

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.