AREA MARKET REPORT FOR STANHOPE BORO; NJ SEPTEMBER 2007
INFORMATION PROVIDED BY; GARY ROCKS, WERNER REALTY OF SUSSEX COUNTY.
During the month of September there were seven newly marketed properties with an average asking price of $278,671.00. The lowest asking price is $210,000.00 for a 2 bedroom town-home. the highest asking price is $350,000.00 for a Colonial home with 5 bedrooms.
Three properties were reported as under contract with an average asking price of $301,300.00 and have been on the market for an average of 156 days.
Three properties were reported as Sold with an average asking price of $248,300.00 and an average closed price of $292,500.00 and were on the market for an average of 139 days. Yes those numbers are correct, they are not backwards. In today's hectic environment Realtors need to be more creative in getting the buyers financing for their properties.If you would like to own a home and need creative financing, call me today! I will not only get you the best financing available but find you the best home at an affordable price.