Hopewell New Jersey Real Estate Update - Five Years 2004-2008
By Faina Sechzer, Real Estate Expert - Princeton, Montgomery ,Hopewell, NJ
(Henderson-Sotheby's International Realty)
Princeton Real Estate has released its Hopewell NJ real estate report, examining 2008 and the previous five years. If you are considering selling your home this year, or are wondering if this is a good opportunity to buy, this report is for you. Hopewell Real Estate Market - Key Points Hopewell Real Estate Market Reports The average price of house sold in 2008 in Hopewell Township and Hopewell Borough (combined) was $518,579 and has decreased 9% compared to 2007. The highest average price in the last five years was in 2005, and has declined 9% since that time. The numbers of houses sold in 2008 has declined 17% compared to 2007 and 38% compared to the high of 2005. Average price has declined 2% cumulatively since 2004. Days on the market (93 in 2008) has declined 10% compared to ...
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