AREA MARKET REPORT FOR HOPATCONG BORO., NJ FEBRUARY 2008

AREA MARKET REPORT FOR HOPATCONG BORO., NJ FEBRUARY 2008

INFORMATION PROVIDED BY THE GARDEN STATE MLS AND COMPILED BY; GARY J. ROCKS, WERNER REALTY OF SUSSEX COUNTY.

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Seven properties were withdrawn from the market with an average asking price of $232,142.00 and were on the market for an average of 120 days.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.