Hopewell Neighborhood
East Brandywine Township
Neighborhood Study
Hopewell | |||||||
Study Period |
# Resale Units Sold |
Median Sale Price |
Median
Property |
# New Construction Units Sold |
|
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slower markets of August 2007 to August 2009 have been replaced by a more vibrant market,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.