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Princeton Home Sells for $3 Million: Mercer County Real Estate Surge

UPDATE: A stunning single-family home in Princeton has just sold for an impressive $2.95 million, making it the most expensive residential sale in Mercer County from November 3-9. The sale is part of a larger trend, as 22 residential real estate transactions were recorded in the county last week, with an average sale price of $584,771.

The luxurious property at 300 Brooks Bend boasts a massive living area of 7,089 square feet, built in 1987. The price per square foot was a notable $416. This significant sale underscores the growing demand for high-end homes in the area.

The complete list of top sales reveals a vibrant real estate market. Notably, the second-highest sale was for a home at 9 Sleepy Hollow Lane in Princeton Junction, which sold for $1.35 million. This property features a spacious 4,166 square feet of living space, finalizing on October 16 with a price per square foot of $324.

Here are the top ten most expensive homes sold in Mercer County last week:

1. **$2.95 million** – 300 Brooks Bend, Princeton
2. **$1.35 million** – 9 Sleepy Hollow Lane, Princeton Junction
3. **$1.315 million** – 2 Becket Court, Princeton Junction
4. **$950,000** – 47 Stonehedge Drive, East Windsor
5. **$600,000** – 6 Whitewood Drive, Ewing
6. **$553,000** – 391 Regina Ave, Hamilton
7. **$455,000** – 50 Altamawr Ave, Lawrence
8. **$440,000** – 108 Wrangel Court APT1, Princeton
9. **$389,000** – 39 King Ave, Ewing
10. **$385,000** – 582 S. Clinton Ave, Trenton

The average price per square foot across these transactions was around $277, highlighting the competitive nature of the current market.

As real estate activity continues to surge, potential buyers and investors are closely monitoring the landscape for opportunities. The real estate scene in Mercer County is evolving rapidly, and these developments indicate a thriving market environment.

With more luxury listings expected to emerge, industry experts suggest that this trend may reshape the future of residential real estate in the region. Stay tuned for further updates as the situation develops.

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