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Area Market Report For Andover Twp., NJ February 2008

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Real Estate Agent with Juba Team Realty

Area Market Report For Andover Twp., NJ February 2008

Information taken from the Garden State MLS and Compiled by; Gary J Rocks,WERNER REALTY OF SUSSEX COUNTY

 

During the month of February 2008 there were twelve newly marketed properties with an average asking price of $433,591.00. the lowest priced property was listed for $179,000.00 a lovely three bedroom ranch, perfect for first time buyers. The highest priced property was listed for $1,590,000.00a Custom built Colonial on 4 acrea's of property, this home is wonderful for the executive buyer.

Nine properties went under contract! they average asking price of these properties are $426,288.00 and the average days on the market are 118. High numbers are selling here!

Three properties transfer title with an average asking price of $559,900.00 and an actual closed price of $541,333.00 these properties were on the market for an average of 49 days. Holly molly, it doesn't appear that properties have any problem selling here!

Eleven properties failed to sell this month with an average asking price of $478,454.00 they were on the market for an average of 221 days.

Andover Twp., NJ is a great area to live and raise a family, lots of open air spaces easy commute to NYC. The area is loaded with things to due, many Golf Courses are nearby, Horse Back Riding, Lakes and beaches and lets not forget shopping all within reach. Said to be the next Sparta NJ but with allot less taxes. Thinking of coming to my neck of the woods? Call me I know of the most exciting properties out there. Wanting to leave us? Call me first, I get the job done.

Comments(2)

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Kara Casamassina
International Property Management Group, LLC - Aiken, SC
Boomers and beyond

Hi Gary.    I grew up in Andover Boro - - -  one of my friends was telling me that there was some sort of fight going on between the Boro and some developer that wanted to put in  like 500 houses on Francisco's old corn field.   What's going on with that?

Oct 19, 2008 01:14 PM
Gary J. Rocks
Juba Team Realty - Jefferson Township, NJ

Still pending as far as I am aware, thanks for stopping by!

Oct 20, 2008 05:05 AM