May was a very busy month in the Princeton Real Estate market. As you can see 17 homes settled in Princeton in May for an average price of $926,000.
Some interesting data on the Princeton Real Estate Market:
There are currently 176 active listings on the market and only 52 of them are under $1 million (less then 29% of the market).
In May 37 single family houses went under contract with a total of over $54 million in volume.
In May 5 condos/ townhouses went under contract with a total sales volume of $2.337 million.
Princeton has a lot of cash buyers! Of the 98 homes that settled YTD in Princeton 39 of them were cash buyers.