The Princeton, NJ Real Estate market continues to be brisk, marked by a lack of inventory and high demand.
The average time it took to sell a home was 87 days.
The average sold price was $1.203 million, which is up over $200k from March closings.
Overall Sellers retained 94.9% of their asking price.
For Princeton homes under $1 million sellers sold in an incredible 17.5 days and retained over 98% of their asking price.
For Princeton sellers $1-2 million homes took 121 days to sell and they retained 97% of their asking price.
For Princeton sellers $2 million+ the homes took an average of 241 days to sell and the sellers retained only 87% of their asking price.
Colonials were the most popular style, accounting for 10 of the 17 closed homes.
The average annual tax bill for the April closed homes in Princeton was $21,000. The highest annual taxes were over $65,000 and the lowest $5,196.
5 of the 17 sold homes were bought with cash. The 12 homes that sold via mortgages all were conventional financing.
The Princeton swim clubs will be busy this summer as only one of the 12 houses that sold in April have in ground pools.
Take a look below for additional Princeton homes for sale.
Sorry we are experiencing system issues. Please try again.
