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Market Update For Hopatcong, NJ September 2008

By
Real Estate Agent with Juba Team Realty

During the month of September 2008 there were Thirty nine newly marketed properties with an average asking price of$281,092.00. Of these properties one property went into Attorney Review it had an asking price of $225,000.00 and offered10 rooms, four bedrooms, with two full baths situated on a .207 acre parcel.

Eight properties went under contract with an average asking price of $327,287.00 and had been on the market for an average of 83 days.

Fifteen properties transferred title with an average asking price of $275,555.00 and an average sold price of $265,460.00 and were on the market for an average of 90 days.These properties on average received on average 96.34% of their asking price!

Twenty two properties expired from the market with an average asking price of $346,637.00 and were on the market for an average of 214 days.

Lake Hopatcong NJ is the largest motor boat lake in NJ,within its boundaries are many things to do such as restaurants galore where you can either drive your car to or pull up your boat too. It is centrally located to major transportation and highways with the Rockaway Mall. Plenty of all year round activity for the entire family to enjoy. Picatinny Arsenal is nearby and NYC is under 1 hour drive!

If you are considering making a move into the Country and enjoy water sports you should seriously consider Lake Hopatcong, NJ.

Benita Gottfried
New Vision Interiors LLC - Hopatcong, NJ

Thank you for the update. I am a local stager and it definetely helps to have my  RE stats correct when explaining the benefits of staging to clients.

Nov 03, 2008 11:07 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Looks like there is opportunity to list expireds.Good luck.

Nov 06, 2008 09:03 AM
Gary J. Rocks
Juba Team Realty - Jefferson Township, NJ

Benita

Glad this information is helpful! Thanks for stopping by and leaving a message

Nov 10, 2008 07:23 AM
Gary J. Rocks
Juba Team Realty - Jefferson Township, NJ

Gita

There is a ton of opportunity in Hopatcong NJ and you really don't have to look to far for it. Thanks for stopping by.

Nov 10, 2008 07:24 AM