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Monday, August 6, 2007

Complete Plainfield area real estate update



I have updated the table posted yesterday, which only had Plainfield data.

Below is the Courier's data for these towns:
  • Plainfield
  • North Plainfield
  • Fanwood
  • Scotch Plains
  • South Plainfield
  • Piscataway
  • Dunellen
  • Watchung
  • Warren
  • Green Brook
Link to the Sunday Courier story is at bottom of post.

Plainfield Area Sales Data - Courier News, Sunday, August 5, 2007

AVERAGE
MONTHLY SALES
UNSOLD HOMES
*NUMBER OF
MONTHS TO SELL

2007
2006
2007
2006
2007
2006
Plainfield
25
39
332
265
13
7
North Plainfield 20.0
29.0
171
155
9
5
Fanwood
11.0
12.3
46
47
4
4
Scotch Plains
28.7
24.3
185
190
6
8
South Plainfield
20.7
22.0
126
109
6
5
Piscataway
53.0
55.7
295
272
6
5
Dunellen
5.7
n/a
41
n/a
7
n/a
Watchung
8.0
3.0
73
75
9
25
Warren
17.3
16.0
146
137
8
9
Green Brook
9.3
9.3
47
69
5
7
*If homes continue to sell at a steady pace, they will sell in this period.

Though the Central Jersey data are mixed, the outlook is for turmoil, which is beginning now to be exacerbated by the situation in the credit markets.



Real Estate --
-- Dan Damon

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