Area Market Report For Wharton Boro, NJ August 2007

Real Estate Agent with Juba Team Realty

Area Market Report For Wharton Boro., NJ August 2007

Information Compiled by; Gary J Rocks, WERNER REALTY OF  Sussex County

During the month of August there were six newly marketed properties with an average asking price of $348,392.00 with the lowest asking price of $264,900.00 and the highest asking price od $450,000.00.

three properties were reported as "UC" under contract with an asking price of $328,800 on average and was on the market for an average of 66 days.

Two properties Sold with an average asking price of $321,578.00 and actual average sold price of $312,750.00 this represents a List to Sold Ratio of $97.25% this is great and indicates a strong market.

Wharton Boro is a close nit God fearing community with not many homes on the market as compared to surrounding neighboring towns. Predominantly a first time buyer area with loads of rateable in the area and good employment. Picatinny Arsenal is nearby and employs many civilian contractors.

If you are thinking of buying your first home and want to live in Morris County give me a call you'll be glad you did! If you are considering selling I have many people looking for their first home call me for the Best Results Guaranteed in Writing.

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