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Housing Supply -January 2008
Housing Supply in Princeton NJ The number of houses available for sale in Princeton NJ declined In January 2008 17% compared to the same period in 2007. It is 1% higher then in the previous month of December 2007. January 2008 -169 houses January 2007 - 203 houses December 2007 – 167 houses The inventory accumulation is 7 months, compared to 8 during the same period last year and 6 –during the previous month. Inventory accumulation means that if no other houses came on market, it will take 7 months to sell all the homes on market already.
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Contributor's Note
This is an excerpt form by blog post. You can read the full post at http://activerain.com/blogsview/378401/How-is-the-Princeton
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