AREA MARKET REPORT FOR LAKE MOHAWK BYRAM TWP., NJ FEBRUARY 2008
During the month of February 2008 there were six newly marketed properties in Lake Mohawk Byram, NJ with an average asking price of $412,649.00. The least expensive property is asking $274,000.00 for a two bedroom ranch home. The most expensive is asking $599,900.00 for a four bedroom Colonial with 3.1 baths.
One property went under contract with an asking price of $299,900.00. This property has been on the market for 315 days!
Zero properties transfered title this month. Not to be alarmed, Lake Mohawk Byram represents a small section of Byram Township. Mainly the Lake area of what is more commonly know as Lake Mohawk Sparta but Byram Township area.
One property expired from the market with an asking price of $299,000.00 for a two bedroom ranch, which is now being marketed for $274,000.00.
Want to be in a lake community without having to sacrifice your first born? Then maybe you should consider this part of the lake area.
Byram Township and Sparta Twp., children go to different schools and the taxes in Byram are considerably less.
Thinking of buying or selling a home here? Call me, I am here to help!
The above data was collected from the Garden State MLS and compiled by Gary J Rocks of Sussex County Real Estate.
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Seven properties were withdrawn from the market with an average asking price of $232,142.00 and were on the market for an average of 120 days.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.
AREA MARKET REPORT FOR HAMBURG BORO., NJ FEBRUARY 2008
INFORMATION SUPPLIED BY THE GARDEN STATE MLS AND COMPILED BY; GARY J ROCKS, SUSSEX COUNTY REAL ESTATE.
During the month of February 2008 there were eight newly marketed properties in Hamburg with an average asking price of $263,325.00. excellent area fro first time buyers and retiree's!
Three properties went under contract with an average asking price of $211,000.00 and they were on the market for an average of 110 days.
One property transfer title with an asking price of $169,900.00 and an actual sold price of $179,900.00 and was on the market for 39 days. closing costs were built in to the mortgage amount.
Two properties were withdrawn from the market with an average asking price of $270,000.00 and were on the market for an average of 174 days.
Three properties expired from the market with an average asking price of $253,966.00 and they were on the market for an average of 153 days.
To find out how your property compares to today's market prices give me a call.
AREA MARKET REPORT FOR FRANKLIN BORO., NJ FEBRUARY 2008
INFORMATION TAKEN FROM THE GARDEN STATE MLS AND COMPILED BY; GARY J ROCKS, SUSSEX COUNTY REAL ESTATE.
During the month of February 2008 there were 11 newly marketed properties with an average asking price of $243,918.00. A great area for all types of buyers and attracts many first time buyers as well.
Two properties went under contract with an average asking price of$254,950.00 these properties were on the market for 141 days on average.
Two properties transfer title with an average asking price of $237,450.00 and an actual closed price of $227,750.00 these properties were on the market for an average of 162 days. The average list to sold ratio equals 95.9%
Four properties failed to sell they had an average asking price of $347,075.00 and were on the market for an average of 200 days.
Franklin Boro, NJ is a great area to raise a family lots of parks and school activities, plenty of stores in the area great for the teenager or stay at home mom looking for a few extra bucks.
Thinking of selling your property give me a call, my office is located in Franklin on route 23 across from the Commerce Bank and Rutherford ave is in our back yard. Looking to move here I have some of the best inventory around and know how to get first timers into homes with little or no money down if you qualify.
AREA MARKET REPORT FOR BYRAM TWP., NJ FEBRUARY 2008
INFORMATION TAKEN FROM THE GARDEN STATE MLS AND COMPILED BY; GARY J ROCKS, SUSSEX COUNTY REAL ESTATE
During the month of February 2008 there were 18 newly marketed properties with an average asking price of $392,633.00. a great area for first time buyers or investment buying.
Four properties went under contract with an average asking price of $293,700.00 and they were on the market for an average of 35 days.
Five properties transfered title with an average asking price of $350,940.00 and an actual closed sales price of $342,000.00 these properties average time on the market was just 73 days.
Five properties withdrew from the market with an average asking price of $467,200.00 and they were on the market for an average of 221 days.
Seven properties Expired from the market with an average asking price of $445,557.00 and these properties were on the market for an average of 211 days.
According to the above analysis properties higher than $400,000.00 are having some difficulty selling and the properties in the $2-300,000.00 price range are king.
If you would like to know the value of your property and how it compares in todays market call me and I'll prepare an in-depth analysis of your property. Thinking of buying your first home call me I know how to get people into properties with little or no money down.
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