UPDATE: A stunning residential property in Princeton has just sold for a staggering $2.95 million, marking it as the most expensive home transaction in Mercer County for the week of November 3-9, 2023. This sale highlights a significant surge in the local real estate market, with a total of 22 residential sales recorded during this period.
The average sale price across the county reached $584,771, with homes selling for an average of $277 per square foot. This uptick in real estate activity reflects a growing demand for properties in the area, appealing to buyers seeking spacious homes.
Here are the top ten most expensive homes sold in Mercer County last week:
10. $385,000 – A detached house at 582 S. Clinton Ave., Trenton. Built in 1920, this 2,856-square-foot home sold for $135 per square foot. The deal was finalized on October 16, 2023.
9. $389,000 – Single-family residence at 39 King Ave., Ewing. This 2,053-square-foot home, constructed in 1956, sold for $189 per square foot, finalized on October 16, 2023.
8. $440,000 – Condominium at 108 Wrangel Court APT1, Princeton. Built in 1990, this 1,183-square-foot condo fetched $372 per square foot, also finalized on October 16, 2023.
7. $455,000 – Single-family home at 50 Altamawr Ave., Lawrence. This property, built in 1923, has 1,370 square feet and sold for $332 per square foot, finalized on October 16, 2023.
6. $552,500 – Detached house at 391 Regina Ave., Hamilton. This 1,622-square-foot home, built in 1964, sold for $341 per square foot, finalized on October 16, 2023.
5. $600,000 – Detached residence at 6 Whitewood Drive, Ewing. This home has a living area of 2,592 square feet and was built in 1969, selling for $231 per square foot, finalized on October 16, 2023.
4. $950,000 – Single-family house at 47 Stonehedge Drive, East Windsor. Built in 1994, this 2,633-square-foot home sold for $361 per square foot, finalized on October 16, 2023.
3. $1.3 million – Single-family residence at 2 Becket Court, Princeton Junction. This 2,671-square-foot home, constructed in 1990, sold for $492 per square foot, finalized on October 16, 2023.
2. $1.4 million – Single-family residence at 9 Sleepy Hollow Lane, Princeton Junction. This spacious 4,166-square-foot home was built in 1990 and sold for $324 per square foot, finalized on October 16, 2023.
1. $2.95 million – The top property, located at 300 Brooks Bend, Princeton, boasts a living area of 7,089 square feet. This luxurious home, built in 1987, sold for $416 per square foot, with the finalization also on October 16, 2023.
This week’s real estate activity reflects a vibrant market, with buyers eager to invest in Mercer County’s housing opportunities. As demand continues to rise, industry experts are closely monitoring future sales trends. Residents and potential buyers alike should stay tuned for further updates as the market evolves.