Butler Borough Area Market Reports July 2007

By
Real Estate Agent with Juba Team Realty

me              BUTLER BOROUGH MARKET REPORTS JULY 2007

Information supplied by; Gary J Rocks of Sussex County Real Estate

During the month of July 2007 there were thirteen newly listed properties with an average list price of $443,261.00 the lowest price home was listed for $239,900.00 a Colonial with five rooms three bedrooms and one bath. The highest priced home was listed for $669,000.00 also a Colonial with seven rooms four bedrooms and 3 full and 3 half baths the home is new construction.

Six properties were listed as "UC"under contract with an average asking price of $395,516.00 and on the market for an average of 106 days!

Ten homes sold with an average asking price of $354,950.00 and an average SOLD price of $345,750.00 or 97.4% of list to sold price. The average days on market was 58 days. This is very impressive!

Six properties were listed as "W" permanently withdrawn from the market with an average list price of $382,550.00 and on the market for only 76 days on average.

Eight properties were shown as "X" expired that mean the property never sold and the contract between Seller and agent had elapsed.

With gas prices the way they are, we have many people looking to move back into the area. If you are considering selling your property please give me a call. I have been working this area for over 20 years and am not a stranger to Butler. So you can feel confident in marketing your property with me.

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