MARKET REPORT FOR RANDOLPH TWP., NJ JANUARY 2008

MARKET REPORT FOR RANDOLPH TWP., NJ JANUARY 2008

During the month of January 2008 there were 41 newly marketed properties in Randolph Twp., NJ with an average asking price of $781,235.00. The least expensive is a Colonial home with 5 rooms 3 bedrooms and 2 baths with an asking price of just $355,000.00. The most expensive priced home is a Colonial with 8 rooms 3 bedrooms and 3.1 baths and is asking $2,499,000.00. This township has many price range of homes from the first time buyer to move up buyer.

Nine properties went under contract with an average asking price of $535,933.00 and had been on the market for an average of 111 days.

Fourteen properties Closed Title with an average asking price of $632,471.00 and an actual Sold Price of $611,821.00, these properties had been on the market for an average of 105 days. This represents a 96.73% of Asking Vs. Sold Ratio.

Four properties were removed from the market with an average asking price of $554,700.00 and had been on the market for an average of 131 days.

Nine properties expired from the market with an average asking price of $529,522.00 and they had been on the market for an average of 148 days.

Randolph Twp., NJ a nice suburb neighborhood with loads of things to do for the kids and families. Good schools close to schools, shopping and houses of worship. Come discover Randolph for yourself and explore the possibilities.