The Wilton Report. Why Princeton NJ Luxury Homes Command Million Dollar Prices

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Why do Princeton NJ luxury homes command million-dollar prices?

In this episode of The Wilton Report, I break down the forces driving the Princeton luxury real estate market, from Princeton University and highly regarded schools to high-income employment, international demand, access to New York City and Philadelphia, and the limited supply of desirable homes.

I also walk through some of Princeton’s most sought-after luxury neighborhoods, including the Western Section, Pretty Brook, Littlebrook, Riverside, Institute, Town Center, and Russell Estates, with current market data on median prices, sales above $2 million, and the highest recent sales in each area.

If you’re buying or selling luxury real estate in Princeton, New Jersey, this video will help you better understand what drives the Princeton premium and how different neighborhoods are performing in today’s market.

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