08/15/2026
What is really happening in the Princeton real estate market?
At first glance, July may appear softer than last year, with fewer homes going under contract and fewer sales closing. But the broader numbers tell a more nuanced story.
Through July, new listings are down approximately 11% year over year, while under-contract activity is down approximately 12%. At the same time, homes that closed in July spent an average of just 21 days on the market, compared with 39 days last July.
These trends suggest that limited inventory continues to constrain transaction volume, while buyer demand remains strong.
As always, it is important to remember that a meaningful number of Princeton transactions, particularly within the luxury market, occur off market and are not reflected in BrightMLS data.
The takeaway? Fewer transactions do not necessarily mean less demand.
For more my full analysis visit: https://movingtoprinceton.com/2026/08/15/july-2026-insights-limited-inventory-continues-to-shape-the-princeton-market/
Please feel free to reach out if you have any questions. I am always happy to be a resource.
Sylmarie “Syl” Trowbridge
Princeton Luxury Real Estate Advisor
📞 917-386-5880
📧 [email protected]
