Area Market Report For Dover Town, New Jersey August 2007

By
Real Estate Agent with Juba Team Realty

AREA MARKET REPORT FOR DOVER TOWN, NEW JERSEY AUGUST 2007 INCLUDES; AVERAGES OF HOMES FOR SALE IN DOVER TOWN, NEW JERSEY

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

During the month of August 2007 there were 29 newly marketed properties with an average asking price of $321,372.00. The lowest asking price is $229,000.00 a five room ranch with two bedrooms and 1.5 baths. The highest priced property is asking $499,900.00 a nine room Colonial with four bedrooms and 2.5 baths built in 2007.

Two properties were listed as "UC" under contract with an average asking price of $378,900.00 and was on the market for an average of 110 days.

Four properties Sold with an average asking price of $341,200.00 and closed price of $331,500.00 this represents a List to Sold Ratio of 97.71% WOW!! Dover is an ideal spot for the commuter and first time buyer, train station is located off of Blackwell Street. The well known Picatinny Arsenal is located very close by which employs thousands of people in the area.

If you are considering buying in the area please call me, I'll be glad to help anyway that I can. If you are considering selling call me we have many programs available to help first time buyers afford your beautiful home and can close quickly.

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