Wantage Township New Jersey Area Market Report August 2007

By
Real Estate Agent with Juba Team Realty

Wantage Township New Jersey Area Market Report August 2007

The following information was compiled by; Gary Rocks,WERNER REALTY OF Sussex County.

During the month of August there were twenty-eight newly marketed properties. The lowest priced home was listed for $169,900.00 a five room ranch with 2 bedrooms and one bath. The highest priced property was listed for $850,000.00 a Colonial home with 10 rooms five bedrooms and two full baths and a three car garage the home occupies approximately 29 acres of property. The average asking price is $327,653.00. There were no homes reported as being in Attorney Review.

Eight properties were listed as "UC" under contract this is were all conditions have been met and the contract is out of Attorney Review. Of the eight properties the average asking price was $332,950.00 and had been on the market for an average of 129 days.

Twelve properties were listed as SOLD with an average SOLD price of $351,741 and an average asking price of $360,675.00 with an average of 100 days on the market. This represents a 97.52% ratio of asking verse sold price.

Ten properties were listed as withdrawn from the market with an average asking price of $349,815.00 and an average days on market of 167.

Twenty-one properties were listed as expired. The average list price was $432,688.00 with an average days on market of 273.

Wantage Township is a great area to raise kids and livestock if you want that type of property you'll find it here. Its one of the area's in Sussex Countywere first time buyers look to settle in. If you are considering an area like this give me a call. If you are thinking of leaving this beautiful area call me, we'll be sorry to see you go. I will be able to help you get the most amount of money in the shortest possible timke with the least inconvenience Guaranteed.

Call Gary Rocks today! Gary Rocks ROCKS!!

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