AREA MARKET REPORT FOR SPARTA TOWNSHIP, FEBRUARY 2008
INFORMATION PROVIDED BY THE GARDEN STATE MULTIPLE LISTING SERVICE AND COMPILED BY; GARY J ROCKS,WERNER OF SUSSEX COUNTY.
During the month of February there were 37 newly marketed properties in Sparta Township the average asking price is $571,586.00. The lowest priced property is asking $199,999.00 for a 2 bedroom ranch an excellent starter home. The highest priced property is asking $1,699,900.00 for a Colonial home with 3 bedrooms.
Thirteen properties went under contract with an average asking price of $527,310.00 and were on the market for an average of 108 days!
Thirteen properties transfered title with an average asking price of $639,422.00 and an actual SOLD price of $624,038.00. They were on the market for an average of 100 days! Based on this information, The average Asking Vs. Sold Price is 97.59%. This is a normal market as far as sales, although the time on the market is up slightly.
Eleven properties were withdrawn from the market with an average asking price of $707,018.00 and were on the market for an average of 153 days.
Thirteen properties Expired from the market with an average asking price of $730,017.00 and were on the market for 209 days.
Sparta Township, NJ is a great place to live lots of open air spaces to raise a family, great for first time buyers as well as the executive buyer. Sparta Township NJ is rich in history pictured above is a monument plaque of Thomas Alva Edison at the site of one of his mining factories which is located on Edison Road in Sparta Township. Also, is home to one of New Jersey State oldest Knights of Columbus organizations K of C Marquette Council #588 which has already celebrated their 100th. year anniversary!
The town is serviced by both a volunteer Ambulance and Fire Department with dedicated neighbors all who constantly train at their own expense. In the Summer on Friday night's there is always a concert in the park located behind the Town Dairy Queen.
Thinking of buying or selling in the area? I am truly qualified to help you out. Just give me a call and let me go to work for you!
Comments(0)