Deborah Carter's blog

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Get to Know Princeton New Jersey

Princeton New Jersey is a wonderful place to live and work.  We think it is one of the most interesting places in the nation.  Come spend some time . . . you'll want to stay!  We can help with that :-)

Princeton Real Estate Inventory Is Extremely Low

Low inventory of homes for sale is a problem all around the United States, and certainly is an issue here in Princeton NJ.  See the chart at left showing the number of residential properties currently for sale in Princeton NJ.

Homes have been selling very quickly in the $450,000 to $750,000 range, often getting multiple offers, and some selling over the asking price.  The low inventory status is driving up prices, which is good for the seller. 

Here is a link to an interesting report by CNBC that speaks to the low inventory issues around the country.  Although I don't think this has happened to anyone here, it certainly could!  Call the cops! This house is for sale...huh?    

Contact us any time to talk about what your home is worth today, or any questions you have about the real estate market in general.

Suburban Realty Professionals  ♦  Princeton Office  ♦  96 Wall Street  ♦  Princeton, NJ 08540  ♦  877-221-8787