July 22, 2010
First Half of 2010 Report - Year Over Year
With the first half of the year behind us, here is a look at how the real estate market is faring in Ewing, New Jersey. There have been 283 homes sold in the past 12 months for an average sale price of $217,090. The average asking price was $240,061 and the homes spent an average of 102 days on the market.
The previous twelve months (July 2008 to June 2009) saw a per-house average sale price of $217,365 for the 234 homes that sold. The average asking price was $238,910 and it took on the average 99 days for them to sell.
Just a quick glance will tell you that the number of homes sold increased and the time on the market stayed about the same from year to year, and that the average sold price remained constant. While this may be statistically true, it may also relate to the type of homes being sold.
Information from the TReND MLS is deemed reliable but is not guaranteed.
Posted by: Bruce
June 10, 2010
Would You Like to Sell Real Estate?
Perhaps you are wondering: How you get a license? How do you join a company? What does it cost? and How do you make money?
For insights into the answers, visit Careers In Central New Jersey Real Estate. You will find information on Schooling, Licensing, and Careers Choices.
Posted by: Bruce
April 29, 2010
Available Ewing Homes by Price Range
Homes From $200,000 to $300,000
Homes From $300,000 to $400,000
Posted by: Bonnie
March 28, 2010
Search Homes for Sale on a Map of Ewing
If you know which Ewing neighborhood you want to live in, it is possible using the added functionality of the Use An Atlas Search Page to focus in on a specific area in Ewing Township and discover the homes that are for sale there.
Because it is based Google Map technology, it will allow you to zoom in and out and move the map around by dragging. Enjoy!!
Posted by: Bruce
February 26, 2010
Comparing National Trends to Regional Trends
Single-Family Homes and Condos
Single-family home sales fell 6.9 percent to a seasonally adjusted annual rate of 4.43 million in January 2010 from a level of 4.76 million in December, but are 8.6 percent above the 4.08 million pace in January 2009. The median existing single-family home price was $163,600 in January, down 0.4 percent from a year ago.
Existing condominium and co-op sales dropped 8.1 percent to a seasonally adjusted annual rate of 620,000 in January from 675,000 in December, but are 38.1 percent above the 449,000-unit level a year ago. The median existing condo price was $172,400 in January, which is 1.4 percent higher than January 2009.
Regional Performance
Existing-home sales in the Northeast fell 10.9 percent to an annual pace of 820,000 in January 2010 but are 22.4 percent above a year ago. The median price in the Northeast was $245,300, a gain of 8.8 percent from January 2009.
Posted by: Bruce
January 05, 2010
Updated Neighborhood Information
Sales data for the last two years has just been incorporated into the data supplied for each of Ewing's neighborhoods.
Posted by: Bonnie
December 29, 2009
Year End Market Conditions
We are in the process of collecting statistics for year end reporting and, preliminarily at least, the 2009 Ewing home market will look a lot like 2008 as the number of homes sold has held consistent in the 250 range. The number of homes on the market this year dropped from 673 last year to 622 in 2009. For comparison, in 2004 there were 719 homes marketed, and 529 of them sold.
With the current conditions, the stabilized rate of home sales combined with fewer homes on the market, will help reduce the inventory and continue to stabilize the East Windsor home sales market.
Posted by: Bonnie
December 07, 2009
December 2009 Market Conditions
Ewing Township currently has 263 homes for sale. Through today, there have been 244 homes sold so far this year. At this rate of home sales, it would take 12 months to exhaust the supply, making this a buyer's market. The average sales price has been $209,287 for homes were asking an average price of $232,618.
Information from TREND MLS - Information Deemed Reliable but Not Guaranteed.
Posted by: Bruce
November 07, 2009
First-Time Homebuyer Tax Credit Extended and Expanded
Its now official, Congress has extended and expanded the existing $8,000 homebuyers tax credit and the President signed it into law on Friday, Nov. 6th.
The new law extends the existing tax credit for Ewing area buyers who have not owned a home that was their principal residence in the past three years and adds some new criteria and qualifying homebuyers.
The $8,000 credit was scheduled to lapse on December 1st, 2009 but will now be in effect through the end of June. Homebuyers must sign a contract before April 30, 2010 and close by June 30, 2010.
The income limits have been raised: Single buyers can now earn up to $125,000 and still get the full credit while a married couple can earn $225,000.
The bill also made more Ewing, NJ homeowners eligible to claim the credit on their taxes. First-time buyers those who have not owned a home in the past three years still qualify for an $8,000 rebate. But now people who want to trade up can also qualify. Those who have owned and occupied a residence for at least five years out of the past eight can claim a $6,500 tax credit if they close on a purchase by the end of June.
Posted by: Bruce
October 27, 2009
Neighborhood Watch Program
Ewing Township has many active Neighborhood Watch programs through the town. Most designated Watch areas range from 10 to 50 homes, depending upon the neighborhood. These organized groups work together with the Police Department in order to provide optimized protection for their local area. Interested in finding out if your neighborhood is part of this program? Or, better yet, interested in organizing a new Watch? Contact the Community Policing Unit today!
Ewing Township Police Department, Community Policing Unit, [609] 882-1313 Extension 5578
Posted by: Bonnie
Information on
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