Hopewell info

Hopewell Neighborhood
East Brandywine Township

Neighborhood Study

Hopewell
Study Period	# Resale Units Sold	Median Sale Price	Median Property Marketing Period	# New Construction Units Sold	Median Sale Price	Median Property Marketing Period
8/1/04 - 7/31/05	2	$409,000	23 days	9	$434.230	76 days
8/1/05 - 7/31/06	10	$472,500	94 days	1	$596.434	372 days
8/1/06 - 7/31/07	7	$452,000	22 days	0
8/1/07 - 7/31/08	3	$499,000	132 days	0
8/1/08 - 7/31/09	6	$397,000	198 days	0
8/1/09 - 7/31/10	6	$430,000	45 days	0

Median sale prices of resale properties have varied considerably during the study perod. Overall
sale prices have increased $21,000 (5.1%) from the commencement to the end of the period. The
slower markets of August 2007 to August 2009 have been replaced by a more vibrant market,
with homes typiclly selling in less than two months.

For a personal, no obligation consultation about your Hopewell home or if you have
interest in purchasing a home in Hopewell, click here.

To see what is currently on the market in Hopewell, click here.