AREA MARKET REPORT FOR HOPATCONG BORO., NJ FEBRUARY 2008
INFORMATION PROVIDED BY THE GARDEN STATE MLS AND COMPILED BY; GARY J. ROCKS, SUSSEX COUNTY REAL ESTATE.
During the month of February 2008 there were 40 newly marketed properties with ana average asking price of $336,795.00. The lowest marketed property is asking $199,900.00 a three bedroom two bath ranch. the highest is asking $1,300,000.00 for a 5 bedroom Colonial on 1.4 acres of property.
Twelve properties went under contract with an average asking price of $211,725.00 and were on the market for an average of 105 days.
Six properties transfered title with an average asking price of $252,933.00 and an actual average sold price of $204,366.00 these properties were on the market for an average of 16 days!
Seven properties were withdrawn from the market with an average asking price of $232,142.00 and were on the market for an average of 120 days.
Twenty properties Expired from the market with an average asking price of $310,912.00 and these properties were on the market for 187 days on average.
Looking to buy or sell in Hopatcong Boro., well look no further call me today.
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Serving home owners for over 20 years in the Northern Morris, Passaic & Sussex County areas. Mostly Lake Communities, Condo & Townhomes. I offer Seller's written Guarantees.Average days on market 99
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Good report. A great opportunity to list expired properties. Were some relisted?
Hi Gary,
Good job on your market reports. Go get those expired! :0)
Gita
Some were relisted for a second time around.
Cynthia
One of the best things about doing these reports is that you get to see all the expireds in one place and have the opportunity to go after them. That way you have all the stats in hand when you are speaking to the people.