The Real Estate market across NJ continues be be hot with the overall pace of the market favoring sellers. The big story across the country and NJ is the lack of available inventory and West Windsor is no different. West Windsor in 2017 has had 250 homes come on the market vs 288 last year, a 14% decrease in homes for sale.
Here is the full breakdown for homes sold in West Windsor in May 2017:
36 homes closed for the month, with over $19 million in homes closed in May alone.
The average sales price for West Windsor homes in May was $530,666.
Sellers retained 96.4% of their asking price.
The average days on market was 74 days, meaning it took slightly over 2 months to sell a home.
The average taxes for the homes settled in May was $12,617.
5 of the 36 homes closed were paid for in Cash, with conventional financing (mortgage) being the most popular way to secure a home.
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