Market Report For Pequannock Twp., NJ January 2008

By
Real Estate Agent with Juba Team Realty

AREA MARKET REPORT FOR PEQUANNOCK TWP., NJ JANUARY 2008

During the month of January 2008 there were 25 newly marketed properties in Pequannock Twp., NJwith an average asking price of $461,663.00. The lowest priced property is a condo with6 rooms and three bedrooms and is only $103,707.00. the most expensive property is a Custom Home with thirteen rooms, 5 bedrooms and 4.1 baths with an asking price of $899,900.00

Six properties went under contract with an asking price of $326,433.00.

Nine properties transfered title with an average asking price of $442,575.00 and an actual sold price of $416,611.00 these properties were on the market for an average of 98 days.

Twelve properties were removed from the market with an average asking price of $473,991.00 and they had been on the market for an average of 154 days.

Six properties expired from the market with an average asking price of $406,133.00 and they were on the market for an average of 218 days.

Pequannock Twp., NJis a nice suburban area which is located within easy commuting distance of Manhattan. Trains and buses are nearby. A good school system and a great place to raise a family. First time home buyers love this area as well as move up buyers.

If you are interested in find out what your property maybe worth in today's market give me a call, I will provide you with a complete analysis of your homes present value.

If you are considering buying in this lovely area call me, I can help you and your family locate the perfect home.

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