Area Market Report For Andover Twp; NJ August 2007

By
Real Estate Agent with Juba Team Realty

AREA MARKET REPORT FOR ANDOVER TWP; NEW JERSEY AUGUST 2007, MARKET AVERAGES FOR HOMES FOR SALE ANDOVER TOWNSHIP, NEW JERSEY

DATA COMPILED BY; GARY J ROCKS,WERNER REALTY OF SUSSEX COUNTY.

During the month of August 2007 there were sixteen newly marketed properties in Andover Township, New Jersey. The average asking price is $443,781.00 with the lowest asking price of $179,900.00 a five room one bedroom town-home. The highest priced property is asking $749,900.00 a Colonial home with eleven rooms four bedrooms and three baths.

There were seven properties reported as "UC" under contract with the average asking price of $335,085.00 and they were on the market for an average of 98 days.

Seven properties were reported SOLD with an average asking price of $492,542.00 and average closed price of $473,000.00 this represents an average List to Sold Ratio of 96.03% indicating a strong market. Seven owners chose to remove their properties from the market with an average asking price of $407,771.00 after being on the market for 134 days. Six properties expired from the market with an average asking price of $405,766.00 and they were on the market for an average of 192 days.

Andover Township is a beautiful area to raise a family great schools and loads of open space. It is an area of many medical practices with Newton Memorial Hospital nearby. Easy commuting to routes 80, & 287. Trains available in Dover and Buses in Sparta is all nearby.

Taxes are considerably less than Sparta Township with just as many beautiful homes. If you are considering making a move to the area contact me, I'll provide you with information on the area and even show you around.

If you are considering selling call me for Best Results that I put in writing Guaranteed! Remember when it comes to marketing Real Estate, Gary Rocks..........ROCKS!!

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