Market Upate for Andover Twp., NJ May 2009

During the month of May 2009 there were seven properties newly listed in Andover Twp., NJ with an average asking price of $366,800.00.

Eight properties went under contract having passed the Attorney Review Process. The average asking price of these properties was $360,212.00 and they were on the market for an average of 69 days.

Four properties transferred title with an average asking price of $233,675.00 and an average SOLD price of $235,112.00 this number climbed because many of the buyers had added features built into the asking price and used the FHA mortgage. these properties were on the market for an average of 33 days.

It just goes to show when you have an agent actively marketing your properties and knows the market values your home is bound to sell. Interest rates are very favorable and home price are were they should be. If you are a buyer and looking to make a wise investment in your future and want the best properties available give me a call at the number listed.

If you are a seller and need or want to sell your home in a relatively quik period of time give me a call, I'll get you moving.