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AREA MARKET REPORT FOR SPARTA TWP., NJ JANUARY 2008

By
Real Estate Agent with Juba Team Realty

AREA MARKET REPORT FOR SPARTA, NJ JANUARY 2008

During the month of January 2008 Sparta Twp., NJ reported there were 46 newly marketed properties. Of these properties 3 of the 46 went under contract within that month. The average asking price of these properties are $677,769.00. The lowest asking price is $150,000.00 for a ranch style home with 4 rooms 1 bedroom and 1 bath. The most expensive property reported for the month is a Custom Home on over 29 acres with 12 rooms 5 bedrooms and 5.1 baths the asking price is$1,999,000.00 this property has been on the market before.

Twelve properties were reported as Under Contract with an average asking price of $419,640.00 the average time on the market is just 69 days!! Please read my profile..

Four properties were reported as Closed Title with an average asking price of $437,200.00 and were on the market for just 81 days on average, again please refer to my profile.

Ten properties were reported as withdrawn with an average asking price of $680,700.00, these properties were not listed by me and were on the market for an average of 148 days.

 Twenty - Four properties were reported as Expired with an average asking price of $650,458.00 and had been on the market for an average of 211 days.

Sparta Twp., NJ is central located in Northern NJ and is in close proximity to Routes 15 & 80n and is less than 30 minutes to buses, trains & Picatinny Arsenal.  The township offers good schools, parks and recreation and has lots of wooded area's filled with wildlife. A great area to raise a family. There are many medical facilities in the area so this is a great place for Doctors to owns a home and have their practice in the same town.

If you are thinking of selling your property please give me a call, I deliver results. If you are thinking of buying a home in the area please give me a call, I can arrange for you to see everything within your budget and help you find the right home for you and your family.