Hopewell Township & Hopewell Borough, New Jersey Real Estate Market Report - January - October 2009

Hopewell Township & Hopewell Borough, New Jersey Real Estate Market Report - January - October 2009

market report

Great News for Hopewell township and Hopewell Borough, New Jersey home owners, homes for sale in Hopewell, especially in the ever popular Bradon Farms have been on the move continuously for several months now. With the average number of homes sold per month being 11, we have more than doubled that consistantly since June!

So what does all this good news mean to you? Well basically it means that home sales are on the rise again in Hopewell, New Jersey. Now that does NOT mean that prices of homes have gone up, it does mean that the number of contracts written has gone up. If you are considering selling a home in Hopewll or in Brandon Farms, New Jersey, now might be a great time to do that. With buyers still out there trying to take advantage of the $8000 tax credit new inventory is always needed.

If you need additional information or would like a free home market anaylsis please call The Desiree Daniels Team at (609) 448-2222 (home)

Monthly Statistics for the Date Range Selected

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Oct 2009	6	3,146,000	524,333	0	2	792,000	396,000	171
Sep 2009	29	19,568,200	674,765	17	14	6,124,500	437,464	110
Aug 2009	29	17,368,983	598,930	22	20	10,482,000	524,100	102
July 2009	30	20,886,599	696,219	15	24	11,289,000	470,375	65
June 2009	32	16,049,999	501,562	18	20	11,293,875	564,693	115
May 2009	32	20,415,300	637,978	21	3	2,214,000	738,000	172
Apr 2009	41	22,513,386	549,106	15	13	3,991,000	307,000	94
Mar 2009	52	39,539,645	760,377	12	8	4,133,000	516,625	162
Feb 2009	39	26,708,390	684,830	10	9	3,241,900	360,211	139
Jan 2009	23	13,034,899	566,734	10	7	3,585,000	512,142	93

Totals:	313	199,231,401	636,522	140	120	57,146,275	476,218	106