HAMBURG NEW JERSEY AREA MARKET REPORT JULY 2007
Here is the area market report for July 2007 covering the area of Hamburg NJ.
There were nine new properties listed with the average price of $249,077.00 The lowest price was $194,900.00 a five room one bedroom town home end unit. The most expensive was listed at $329,000.00 a Bi-Level home with nine rooms three bedrooms and two and a half baths.
Six properties went "UC" Under Contract meaning out of the attorney review phase of a contract. The average list price was $263,599.00.
Three properties sold. The average list price was $249,966.00 and the average sold price was $239,850.00. The average List to sale price is 95.9%. Average days on the market were 71 days.
There was one property that went "T" temporarily off the market. While five properties were withdrawn with an average list price of $274,780.00. There were seven properties listed as "X" meaning expired the Seller could not get their property sold. The average list price there was $303,614.00 with the average days on the market of 217.
If you have a home that is within the range of $239,000.00-$258,900.00 marketing data suggests there is a strong market for you. If you property is between $259,000.00-$350,000.00 there is a strong indication that you will take more than eight months to sell your property.
If you have a home in the area and would like to know its current value please contact me or if you would like to move to the area I have many properties I could show you and get you happily situated.
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