Area Market Report For Andover Twp; NJ FEBRUARY 2008

By
Real Estate Agent with Juba Team Realty

AREA MARKET REPORT FOR FEBRUARY 2008

INFORMATION PROVIDED BY; GARDEN STATE MULTIPLE LISTING SERVICE AND COMPILED BY GARY ROCKS, WERNER REALTY OF SUSSEX COUNTY.

During the month of February 2008 there were 12 newly marketed properties in Andover Township, NJ the lowest priced property was listed for $179,000.00 a Log home with three bedrooms. The most expensive home listed was for $1,590,000.00 with 4 acres and eighteen rooms. The average price of these homes is $434,425.00.

Eight properties went under contract with an average asking price of $435,212.00 and they were on the market for an average of 127 days.

Three properties SOLDwith an average asking price of $559,900.00 and an actual CLOSED price of $541,333.00 they were on the market for an average of 49 days.

Two properties were withdrawn from the market with an average asking price of $511,950.00 and they were on the market for an average of 250 days.

Eleven properties expired from the market with an average asking price of $478,454.00 and they had been on the market for an average of 221 days.

Andover Township, NJ is a great place to live with lots of open spaces great for first time buyers as well as move up buyers. Most properties currently on the market range anywhere from 1/2 acre to 4 acres of property which is great fro kids or pets.

Thinking of buying Real Estate in this area give me a call at the number listed, thinking of selling we might have someone right now interested in your property! Gary Rocks ROCKS

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