Warren Township Market Report, for the 6 Months Ending July 31, 2010
Below is the home sales activity in Warren Township for the 6-month period, February 1, 2010 through July 31, 2010. During this period,
- 70 properties sold in Warren Township, 12 in the last month alone.
- The average selling price of these homes was $780,990, about $15,000 higher than the previous report.
- The sale price-to-list price ratio was 95%, which means that, on average, these 70 homes sold at 95% of their original list price.
- The sold homes were on the market an average of 95 days - Just over 3 months.
Source: GSMLS
What's Happening in the Warren Township Real Estate Market, Today?
The graphs below show what the Warren Township real estate market has been like, for the past 90 days. As you can see:
- The median (middle) price of homes for sale in Warren Township continues to decrease.
- The number of days a home has been on the market decreased steadily, during the first few months of the year, but is now gradually increasing.
- Inventory (the number of homes for sale) is on the increase. Buyers can be assured that there are many excellent choices available for you.

 
The real estate market graphs are updated automatically, every week, so check back, often, to see what's happening!
If you would like to receive weekly, bi-weekly, or monthly updates about the Warren Township real estate market, just complete this simple sign-up form. I will send the market updates to your e-mail address, automatically.
FHA Loan Limits
In challenging economic times, people often wonder how they will get a mortgage. If you have saved just a small down payment, then an FHA-insured loan may of interest to you. The following widget displays the loan limits that the FHA will insure, for 5 different counties in this area. (Just click on the left and right arrows, at the top of the chart, to see the values for different counties.) As you can see, the loan limits are quite generous.
About Warren Township
For general information about Warren Township, Somerset County, NJ, please visit
Warren Township
To keep up with what's going on in Warren Township, I suggest that you become a fan of Warren Township, on Facebook.
History of Warren Township
Each of the following books provides delightful insights into the history of Warren Township:
Siegel, A.A. (2006). Warren A to Z: An Entertaining Guidebook to the 275 Year History of Warren Township, New Jersey . Lincoln, NE: iUniverse.
Siegel, A.A. (1996). Images of America: Warren Township . Dover, NH: Acadia Publishing.
Tomblin, B. (1977?). Villages at the crossroads: A history of Warren Township, 1806-1976 . Somerset County, NJ: Township of Warren.
I also encourage you to visit the website of the Warren Township Historical Society. There, you'll find fascinating articles about historical events and information about the historical sites around Warren Township.
|