AREA MARKET REPORT FOR KINNELON BORO., NJ JANUARY 2008
During the month of January 2008 there were 18 newly marketed properties in Kinnelon Boro., NJ. The average asking price is $754,144.00 with the lowest priced home at $329,900.00 and the highest at $1,150,000.00. As you can see this area has homes in every price range from first time buyers to move up buyers.
Five properties went under contract with an average asking price of $637,200.00 and were on the market for an average of 140 days.
Nine properties Transfered Title with an average asking price of $630,376.00 and an actual Sold price average of $625,148.00. That means the average SOLD property is getting 99.17% of asking price!! And, the properties are on the market for an average of 80 days. To find out why, please refer to my profile page.
Five properties were withdrawn from the market with an average asking price of $538,980.00 and were on the market for an average of 171 days.
Six properties Expired from the market with an average asking price of $601,900.00 and were on the market for an average of 218 days. Some of you people need to speak to me!
Kinnelon Boro., NJ is an excellent area to raise a family a wide range of home to choose from, lake houses to new construction to private gated communities!! We have it all, call me at the number listed if your thinking of Selling or Buying.
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