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Hopewell Township/Borough New Jersey - Market Report October 2008

By
Real Estate Agent with RE/MAX Tri County

market report desiree daniels team

Monthly Statistics for the Date Range Selected

Date

Units Listed

Listed Average

Pended

Units Sold

Sold Volume

Sold Average

Average DOM

Sep 2008

39

618,346

9

19

9,457,500

497,763

85

Aug 2008

29

550,144

20

25

14,545,245

581,809

78

July 2008

24

555,741

22

30

16,691,600

556,386

78

June 2008

36

686,858

26

21

13,161,645

626,745

81

May 2008

50

589,427

25

21

10,713,162

510,150

96

Apr 2008

59

580,324

14

20

9,264,600

463,230

98

Mar 2008

40

633,001

24

13

6,530,500

502,346

88

Feb 2008

21

664,880

19

9

4,490,500

498,944

110

Jan 2008

30

663,980

11

17

9,536,200

560,952

103

 

 

 

 

 

 

 

 

Totals:

328

612,947

170

175

94,390,952

539,376

88

 

 

 

 

 

 

 

 

 Inventory Accumulation for the Last 12 Full Months

 

 

 

 

 

Current Inventory *

Inventory Volume

Current Average

Average Monthly Sales**

Inventory Accumulation ***

146

98,462,910

674,403

19

7

*Current Inventory is based on the actual available properties on the date this report was created.

**Average Monthly Sales is the average sales for the last 12 full months

***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sales

 Pricing Details of Sold Units for the Date Range Selected

Minimum Prices

Maximum Prices

Average Prices

Original List Price : $255,000

Original List Price: $2,395,000

Original List Price: $584,736

Sold Price : $199,900

Sold Price: $2,300,000

Sold Price: $539,376

 

 

 

 

Inventory Accumulation figures are only calculated when Report End Month is the current month