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November 2021 Real Estate Market in Princeton, NJ

November 2021 Real Estate Market in Greater Princeton, NJ

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609-915-9665


Table of Contents


Summary of the Real Estate Market in Greater Princeton / Central New Jersey


Home values in Belle Mead, NJ

Belle Mead is a city in New Jersey. There are 12 homes for sale, ranging from $200K to $2M.

  • $729.9K Median Listing Home Price
  • $246 Median Listing Home Price/Sq Ft
  • $835K Median Sold Home Price

Home values in Cranbury, NJ

Cranbury is a city in New Jersey. There are 29 homes for sale, ranging from $35K to $1.6M.

  • $725K Median Listing Home Price
  • $276 Median Listing Home Price/Sq Ft
  • $870K Median Sold Home Price

Home values in Ewing, NJ

Ewing is a city in New Jersey and consists of 8 neighborhoods. There are 190 homes for sale, ranging from $25K to $1.1M.

  • $256.5K Median Listing Home Price
  • $171 Median Listing Home Price/Sq Ft
  • $260K Median Sold Home Price

Home values in Hopewell, NJ

Hopewell is a city in New Jersey. There are 26 homes for sale, ranging from $180K to $5M.

  • $525K Median Listing Home Price
  • $261 Median Listing Home Price/Sq Ft
  • $344.5K Median Sold Home Price

Home values in Lawrence, NJ

Lawrence is a city in New Jersey and consists of 4 neighborhoods. There are 114 homes for sale, ranging from $35K to $4.5M.

  • $369.5K Median Listing Home Price
  • $203 Median Listing Home Price/Sq Ft
  • $293K Median Sold Home Price

Home values in Pennington, NJ

Pennington is a city in New Jersey. There are 77 homes for sale, ranging from $89K to $3M.

  • $499K Median Listing Home Price
  • $238 Median Listing Home Price/Sq Ft
  • $490K Median Sold Home Price

Home values in Plainsboro, NJ

Plainsboro is a city in New Jersey. There are 82 homes for sale, ranging from $97.4K to $1.3M.

  • $477K Median Listing Home Price
  • $266 Median Listing Home Price/Sq Ft
  • $437K Median Sold Home Price

Home values in Princeton, NJ

Princeton is a city in New Jersey. There are 250 homes for sale, ranging from $65K to $12M.

  • $638K Median Listing Home Price
  • $283 Median Listing Home Price/Sq Ft
  • $619K Median Sold Home Price

Home values in West Windsor, NJ

West Windsor is a city in New Jersey. There are 100 homes for sale, ranging from $85.8K to $1.9M.

  • $619.5K Median Listing Home Price
  • $260 Median Listing Home Price/Sq Ft
  • $720.5K Median Sold Home Price

Source: Realtor com


Table of Contents


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#GreaterPrincetonNJ NJ Real Estate News

NJ Suburbs Growing & Labor Shortage

Hiring struggles are a sign that the labor shortage wasn’t temporary.

It could last for as long as a decade as employers scramble to fill jobs left vacant by retiring baby boomers.

And it leaves younger workers squarely in the driver’s seat.

New Jersey continued its strong job growth in September 2021, adding 21,500 jobs  — 11,900 in the private sector and 9,600 in the public sector, the state Department of Labor and Workforce Development reported Thursday.

New Jersey has recovered 68% of the jobs it lost when the pandemic first hit in March and April of 2020.

The unemployment rate ticked down to 7.1% from 7.2% as more workers reported they were actively searching for jobs, the report found.

These days, workers can be choosy.

Are you thinking of moving in Greater Princeton NJ area or planning to move out ?

Want to buy a house or sell one?

Call me today at 609-915-9665 and I will be glad to discuss your real estate needs.

I am a Realtor with Coldwell Banker and assist buyers and sellers in Princeton, NJ.

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Princeton NJ News #GreaterPrincetonNJ Real Estate News

Mortgage rates may spike 30% next year

Mortgage rates may spike 30% next year, according to a new forecast

As if the housing market weren’t complicated enough these days, the Mortgage Bankers Association says higher rates are on the way—and homebuyers at the end of 2022 could be paying nearly 30% more for a 30-year fixed-rate mortgage.

A new survey from the MBA predicts 30-year rates, which hit record lows last July, will average 4% by the fourth quarter of next year. (That compares with 3.1% now.) It doesn’t look to be a short-term increase, either. Heading into 2023, rates could potentially go as high as 4.3%—a 39% jump from where they are today.

Source: https://finance.yahoo.com/news/mortgage-rates-may-spike-30-160021820.html

Are you looking to buy or sell a home in Greater Princeton New Jersey ?

Call me today to discuss your plans. I am a Realtor in Princeton, NJ and I am here to help you.