NORTHWEST TRENTON AND NORTHERN TRENTON HOUSING MARKET DATA

There was a decrease in total units sold in June, with 31 sold this month in Northwest Trenton and Northern Trenton Real Estate versus 37 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 11% versus June 2024.

Versus last year, the total number of homes available this month is lower by 15 units or 15%. The total number of active inventory this June was 87 compared to 102 in June 2024. This month's total of 87 is lower than the previous month's total supply of available inventory of 102, a decrease of 15%.

Last June, the median sale price for Northwest Trenton and Northern Trenton Homes was $350,000. This June, the median sale price was $285,000, a decrease of 19% or $65,000 compared to last year. The current median sold price is 7% lower than in May.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In June, there was 2.8 months of supply available in Northwest Trenton and Northern Trenton, compared to 2.9 in June 2024. That is a decrease of 4% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 44 homes newly listed for sale in Northwest Trenton and Northern Trenton compared to 47 in June 2024, a decrease of 6%. There were 43 current contracts pending sale this June compared to 38 a year ago. The number of current contracts is 13% higher than last June.

In June, the average sale price in Northwest Trenton and Northern Trenton was 100.7% of the average list price, which is 2.1% lower than at this time last year.

This month, the average number of days on market was 43, higher than the average last year, which was 28. This increase was impacted by the limited number of sales.





FOCUS ON: NORTHWEST TRENTON AND NORTHERN TRENTON HOUSING MARKET			JUNE 2025

Zip Code(s): 08618 and 08638
Units Sold 31	Active Inventory 87	Median Sale Price $285,000	Days On Market 43

Down -11% Vs. Year Ago	Down -15% Vs. Year Ago	Down -19% Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 31 sold this month in Northwest Trenton and Northern Trenton Real Estate versus 37 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 11% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 15 units or 15%. The total number of active inventory this June was 87 compared to 102 in June 2024. This month's total of 87 is lower than the previous month's total supply of available inventory of 102, a decrease of 15%.
		Median Sale Price Last June, the median sale price for Northwest Trenton and Northern Trenton Homes was $350,000. This June, the median sale price was $285,000, a decrease of 19% or $65,000 compared to last year. The current median sold price is 7% lower than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 44	Current Contracts 43	Sold Vs. List Price 100.7%	Months of Supply 2.8

Down -6% Vs. Year Ago	Up 13% Vs. Year Ago	Down -2% Vs. Year Ago	Down -3% Vs. Year Ago


		Months of Supply In June, there was 2.8 months of supply available in Northwest Trenton and Northern Trenton, compared to 2.9 in June 2024. That is a decrease of 4% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 44 homes newly listed for sale in Northwest Trenton and Northern Trenton compared to 47 in June 2024, a decrease of 6%. There were 43 current contracts pending sale this June compared to 38 a year ago. The number of current contracts is 13% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Northwest Trenton and Northern Trenton was 100.7% of the average list price, which is 2.1% lower than at this time last year. Days on Market This month, the average number of days on market was 43, higher than the average last year, which was 28. This increase was impacted by the limited number of sales.


	Northwest Trenton and Northern Trenton are defined as properties listed in zip code/s 08618 and 08638.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.