According to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development, sales of new single-family houses in October 2010 were at a seasonally adjusted annual rate of 283,000,
This is 8.1% (±16.1%) below the revised September rate of 308,000 and is 28.5% (±12.6%) below the October 2009 estimate of 396,000.
The median sales price of new houses nationwide sold in October 2010 was $194,900, the average sales price $248,200. The seasonally adjusted estimate of new houses for sale at the end of October was 202,000. This represents a supply of 8.6 months at the current sales rate.
If you are interested in buying a new home in Mercer County or the surrounding areas, call or email me. I can suggest the best builders with the best buyer incentives. And take a look at Dogwood Meadows. There is one lot left with 3 home choices, or a spec home under construction.
Joe Giancarli, SA
Real Estate Advisor
jgiancarli@remax.net
609-658-2612
http://www.joegiancarli.com/
http://www.njhomesource.com/
http://njhomesource.blogspot.com/
www.activerain.com/blogs/josephgiancarli
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