30 Jul 2015

2015 Middlesex County Real Estate Statistics June 30, 2015

2015 Middlesex County Real Estate Statistics
Closed Residential One Family SalesMortgage Interest Rates Down
Middlesex County, New Jersey
Year to Date June Comparison
for Years 2011-2015

Curious about real estate sales statistics for 2015 in Middlesex County, New Jersey.

Real estate is local, and yes, real estate market values and sale prices vary from neighborhood to neighborhood, Town to Town and County to County. And yes, real estate sales statistics will also vary.

MLS Stats_Middlesex County_Town_6.30.15_2011_2012_2013_2014_2015_Page1

MLS Stats_Middlesex County_Town_6.30.15_2011_2012_2013_2014_2015_Page2Obtain a Printable Copy of the above report, click here.

For more information about closed sales in Middlesex County, click here.

Interested in reliable real estate statistics where you live. Contact your REALTOR, and I am sure they can provide similar information, and a current Market Analysis if needed. Not sure about who to call, just ask, and I will be happy to help!

There is also another difference in reviewing statistical real estate reports. Is the data average sale price or is it median sale price. There is a difference in median and average.

From Wikipedia, the free encyclopedia:
Median: In statistics and probability theory, the median is the number separating the higher half of a data sample, a population, or a probability distribution, from the lower half. The median of a finite list of numbers can be found by arranging all the observations from lowest value to highest value and picking the middle one (e.g., the median of {3, 3, 5, 9, 11} is 5). If there is an even number of observations, then there is no single middle value; the median is then usually defined to be the mean of the two middle values [1] [2] (the median of {3, 5, 7, 9} is (5 + 7) / 2 = 6), which corresponds to interpreting the median as the fully trimmed mid-range.
Average: An average is the sum of a list of numbers divided by the number of numbers

The statistical chart below is using median sale price and also takes into account real estate closings in Middlesex County that were reported in other Multiple Listing Systems, and not included in the Middlesex County MLS Statistical Data which accounts for the difference totals in closed sales.

NJAR_MiddlesexCounty_June 2015

Leave a Reply