AREA MARKET REPORT BLOOMINGDALE BORO, NJ JULY 2007
REPORT PROVIDED BY; GARY ROCKS OF SUSSEX COUNTY REAL ESTATE.
During the month of July 2007 there were fifteen newly marketed properties. The lowest priced properties was a condo in Tree-Top with five rooms two bedrooms one bath and a one car garage the asking price is $239,900.00.
The most expensive property is a Contemporary Style Home with ten rooms four bedrooms two full and one half baths with a two car garage the asking price is $850,000.00.
The average asking price is $412,541.00. Six properties were listed as "UC" under contract with an average asking price of $411,616.00 and had been on the market for an average of 80 days!
There were seven properties that closed title with an average asking price of $353,500.00 and an average closed price of $345,471.00 this represents an average list to sold ratio of 97.77%. The homes that sold were on the market for an average of 59 days although the average marketing current marketing time is at 2.14 months from date of listing to date of sold for accurately priced properties.
Two properties were listed as "W" withdrawn with and average asking price of $384,000.00 and was on the market for 65 days on average.
Three properties were marked as "X" expired this means that the contract between Seller and Agent had elapsed the average asking price of these properties were $424,933.00 and on the market for 169 days.
If you would like to see how your home compares to these very favorable market conditions please give me a call. If you are considering buying in this area please contact me and I'll arrange for you a complimentary pre-qualification screening.
REMEMBER WHEN IT COMES TO MARKETING GARY ROCKS