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Somerset, 08873 Real Estate Overview

Today, December 27, 2009

Avg. Listing Price $360,884 Wk ending Dec 16

+$3,135
+0.9%
w-o-w

Median Sales Price $294,000 Sep '09 - Nov '09

-$26,000
-8.1%
y-o-y

308	Homes For Sale	1	Open Homes
349	Recently Sold	220	Foreclosures

Average Listing Price

$360,884

+0.9%

w-o-w

Median Sales Price

$294,000

-8.1%

y-o-y

Average price/sqft

$178

-6.8%

y-o-y

Number of Sales

147

-3.3%

y-o-y

More 08873 Market Trends

Select chart to embed:

Most popular
zip codes

Avg. listing price
Week ending Dec 16

w-o-w

07920

$804,294

+2.5%

08873

$360,884

+0.9%

08807

$511,706

-0.2%

08844

$559,875

-1.7%

07059

$1,032,247

-1.9%

Movers & Shakers

Avg. listing price
Week ending Dec 16

w-o-w

08528

$527,667

+21.1%

08880

$314,504

-16.7%

08836

$624,888

-7.5%

07921

$996,710

-4.8%

07069

$1,090,377

-2.9%

View Somerset County Home Prices Map

The median sales price for homes in ZIP code 08873 in Somerset from Sep 09 to Nov 09 was $294,000 based on 147 sales. Compared to the same period one year ago, the median sales price decreased 8.1%, or $26,000, and the number of sales decreased 3.3%. Average price per square foot for homes in 08873 was $178, a decrease of 6.8% compared to the same period last year.

There are currently 308 resale and new homes in ZIP code 08873 on Trulia, including 1 open house, as well as 220 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 08873 was $360,884 for the week ending Dec 16, which represents an increase of 0.9%, or $3,135, compared to the prior week.

DISTRICT

TYPE

GRADES

SCHOOLS

STUDENTS

Franklin Township Public School District

Public

—

SCHOOL NAME

SCHOOL TYPE

GRADES

PARENT RATING

High Road Upper School

Private

—

Macafee Road School

Public

PK - 4

Pine Grove Manor School

Public

PK - 4

Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.

View all Somerset Schools

17 Benjamin…

$439,000

2 br 2 ½ ba

3102 Avery…

$239,900

2 br 2 ba

113 Church…

$554,900

5 br 3 ½ ba

91 Douglas…

$369,000

5 br 2 ba

1070 Oakcr…

$269,900

2 br 2 ½ ba

13 Meadow…

$542,900

4 br 2 ½ ba

View all 08873 Homes for Sale

Cities

Median
sales price

Average
listing price

South Bound Brook

$250,000

$314,504

New Brunswick

$190,000

$251,800

North Brunswick

$229,500

$344,038

Franklin Park

$232,000

$313,543

Manville

$225,000

$271,518

Bound Brook

$265,000

$327,751

Local Spotlight

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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.

Homes for Sale includes resale and new homes on Trulia.

Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.

Open Homes refers to listings on Trulia with scheduled open house times.

Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.

Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.

About this Info Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website. Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price. Close

Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.

Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.

These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.

Somerset, 08873 Real Estate Overview

Market View for 08873

Market Trends for 08873

Home Prices for Somerset County

Somerset, 08873 Summary

Schools in Somerset

Community Info for Somerset

Homes for Sale in 08873

Recent Q&A in Somerset, NJ

Got a real estate question?

Nearby Cities Real Estate

Nearby Cities Sold Homes

Nearby Cities Home Prices

08873 Stats & Trends

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About this Info Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report. Close