Newark's residential listings were 592 for the month of August, down from 664 for 2007 during the month of August. The average price was $233,443, also down.
New listings for the month came in at 68, down from 121 for 2007. The average price was down 21% at $219,407.
Properties scheduled to close were up at 18 with an average price of $206,567.
Sales were down slightly, with an average price of $180,000, a 21.5% reduction over August 2007.
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Bill specializes in residential and income producing new construction, resales, short sales and foreclosure properties in Union, Essex, Somerset and Middlesex counties.
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