February 26, 2010
National versus Regional Trends Do Differ

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

Hopewell NJ Homes for Sale

Four Seasons Active Adult Home for Sale Homes for sale as of March 1, 2010 include 2 condominiums [Price Range: $197,000 to $210,000], 10 town houses [Price Range: $299,900 to $419,000], 147 single family homes [Price Range: $219,500 to $5,500,000], located in developments, village and in rural settings.

Hopewell, NJ (including the township and the borough) is a great community to investigate when searching for available homes for purchase. The links to the right will afford you the option of contacting us for information relating to the purchase or sale of a home. There is also a link to a site to allow you to search for property in this area.

You will find many different styles of homes, ages of homes, and price ranges of homes are available in Hopewell Township and Hopewell Borough, New Jersey, located near Exit 4 of Interstate 95 in central New Jersey. The township is served by the US Postal Service as Hopewell, NJ, with the zipcode of 08525, Pennington, NJ with the zipcode of 08534, Ewing, NJ with the zipcode of 08638, Titusville, NJ with a zipcode of 08560, Lambertville, NJ with a zipcode of 08530, and as Princeton, NJ with the 08540 zipcode. If you are looking for homes for sale, we hope to serve as your starting point for information on the various neighborhoods and houses for sale in Hopewell.

An overview of the neighborhoods in Hopewell and the variety of homes for sale are outlined at the neighborhoods button to the left. Feel free to check out the properties for sale and contact us for further information using the form at the bottom of the neighborhood's page.

It is currently March 15th 2010, 06:41 am in New Jersey.

January 06, 2010
Updated Neighborhood Sales Information

Sales data for the last two years has just been incorporated into the data supplied for each of Hopewell Borough and Hopewell Township's neighborhoods. The number of sales have remained fairly constant, and as you would expect sales prices have generally declined as values are being affected by the national economy.

Posted by: Bruce

December 30, 2009
Real Estate Sales in Hopewell - 2009

We are beginning to collect statistics for year end reporting and, preliminarily at least, the 2009 home market in the borough and township of Hopewell will look a lot smaller than 2008 as the number of homes sold has dropped from 211 to 169. The number of homes on the market this year held constant in the 430 range. For comparison, in 2004 there were 504 homes marketed, and 316 of them sold.

With the current conditions, the stabilized rate of home being marketed and hopefully increased sales, this will help reduce the inventory and continue to stabilize the Hopewell real estate market.

Posted by: Bruce