As reported by RealEstateChannel.com, "According to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), sales of new single-family houses in December 2010 were at a seasonally adjusted annual rate of 329,000.
"This is 17.5% (±17.7%) above the revised November rate of 280,000, but is 7.6% (±17.0%) below the December 2009 estimate of 356,000.
"The median sales price of new houses sold in December 2010 was $241,500; the average sales price was $291,400. The seasonally adjusted estimate of new houses for sale at the end of December was 190,000. This represents a supply of 6.9 months at the current sales rate.
"An estimated 321,000 new homes were sold in 2010. This is 14.2 percent (±4.2%) below the 2009 figure of 375,000."
Call or email me to find the new home developments in Mercer County, NJ and surrounding townships and counties.
Joe Giancarli, SA
609-658-2612
jgiancarli@remax.net
http://www.joegiancarli.com/
http://www.njhomesource.com/
http://www.njhomesource.blogspot.com/
www.activerain.com/blogs/josephgiancarli
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