If you’re looking for a potential buying opportunity near Princeton, the Montgomery Township townhouse market is worth watching.
Right now, townhouses make up a significant portion of the available inventory in Montgomery, and many of those listings have been sitting on the market for several weeks.
That matters because when inventory builds and days on market increase, some sellers may become more willing to adjust their price or negotiate.
We saw a similar pattern in the West Windsor townhouse market. As more new construction came online and buyers had more options, pricing pressure started to develop.
Montgomery could be seeing a similar setup.
For buyers who want access to Montgomery Township and the surrounding Greater Princeton area, townhouses may offer one of the more interesting opportunities in the current market.
Watch the full short below for my take on why this segment is worth paying attention to.
