UPDATE: A stunning home in Princeton has just sold for $2.95 million, making it the most expensive residential real estate transaction in Mercer County for the week of November 3-9, 2023. This rapid surge in high-value sales reflects a robust housing market, with a total of 22 residential transactions recorded during this period.
The average sale price across the county reached $584,771, with homes averaging $277 per square foot. These figures showcase a clear demand for real estate in Mercer County, as buyers seek desirable properties amidst rising prices.
Here’s a look at the top ten most expensive homes sold last week:
1. **$2.95 million** – A grand single-family home at 300 Brooks Bend, Princeton. Built in 1987, this luxurious property spans 7,089 square feet, selling for $416 per square foot. The deal was finalized on October 16.
2. **$1.35 million** – A spacious residence at 9 Sleepy Hollow Lane, Princeton Junction. The 4,166 square foot house sold for $324 per square foot, finalized on October 16.
3. **$1.315 million** – Located at 2 Becket Court, this home in Princeton Junction offers 2,671 square feet of living space, selling for $492 per square foot, also finalized on October 16.
4. **$950,000** – A single-family home at 47 Stonehedge Drive, East Windsor. Built in 1994, it features 2,633 square feet at $361 per square foot, with the sale completed on October 16.
5. **$600,000** – A home at 6 Whitewood Drive in Ewing, measuring 2,592 square feet, with a price per square foot of $231, also finalized on October 16.
6. **$553,000** – Located at 391 Regina Ave, Hamilton, this property, built in 1964, spans 1,622 square feet at $341 per square foot, finalized on October 16.
7. **$455,000** – A charming residence at 50 Altamawr Ave, Lawrence, offering 1,370 square feet at $332 per square foot, finalized on October 16.
8. **$440,000** – A condominium at 108 Wrangel Court APT1, Princeton, with 1,183 square feet at $372 per square foot, finalized on October 16.
9. **$389,000** – A single-family house at 39 King Ave, Ewing, sold for $189 per square foot, finalized on October 16.
10. **$385,000** – The final listing is a detached house at 582 S. Clinton Ave, Trenton, offering 2,856 square feet at $135 per square foot, also finalized on October 16.
These transactions illustrate a vibrant market in Mercer County, where buyers are eager to invest in quality properties. With the real estate landscape shifting quickly, potential buyers and investors should remain alert for emerging opportunities.
For more updates on real estate trends and sales, stay tuned as we continue to monitor this developing story.
