Market Report For Parsippany Troy Hills, NJ January 2008

Market Report For Parsippany Troy Hills , NJ January 2008

During the month of January 2008 there were 74 newly marketed properties in Parsippany Troy Hill with an average asking price of $462,099.00. The least expensive property is a 4 room Condo with an asking price of $179,900.00. The most expensive property is a 10 room Contemporary with an asking price of $939,900.00.

Twenty properties went under contract with an average asking price of $509,295.00 and these properties were on the market for an average of 108 days.

Twenty-Nine properties transfer title with an average asking price of $394,096.00 and an actual Sold Price of $379,703.00 and they were on the market for an average of 73 days. This represents a 96.34% of Asking Vs. Sold Ratio.

Twenty -Five properties withdrew from the market with an average asking price of $507,135.00 these properties were on the market for an average of 121 days.

Eighteen properties expired from the market they had an average asking price of $517,744.00 and were on the market for 204 days.

Parsippany is a large town with lots to offer to the growing family. Good area to raise a family. In close proximity to schools, shopping and houses of worship.