Market Update Hopatcong Boro. NJ May 2009

During the month of May 2009 there were thirty newly listed properties inHopatcong Boro. with an average asking price of $313,827.00. There were sixteen properties that went under contract and passed attorney review, the average asking price for these homes was $183,256.00.

During the month there were a total of eleven homes that transferred title they had an average asking price of $205,709.00 and an average Sold Price of $197,605.00. these properties were on the market for an average of 129 days!!. These figures represent a 96.06% of List Vs. sold price.

If you own a home in Hopatcong Boro., and would like to know it's price for resale value please give me a call at the number listed.

This report has been written by; Gary J. Rocks of Sussex County Real Estate and the information has been supplied by the Garden State Multiple Listing Service.