Moorestown, NJ

The photo above is of the Moorestown Community House located on Main Street in Moorestown NJ.  It's history goes back to 1926.  While many buildings from that time have a more colonial feel, the Community House was a combination of English & Colonial styles to help mimimize the cost to upkeep a brick exterior.  If you visit the Community House website, you can read more about the history around the development of this building. 

Today, the House is home to many clubs and organizations with meeting rooms, offices, a gym and indoor swimming pool.  In fact, I took my swimming lessons at this pool when I was growing up! 

This photo is in my Moorestown, NJ photo set on Flickr.  All rights reserved 

Here’s the Moorestown Real Estate market update for April 2008. Pended units for the April were flat and Sold units were down 12 compared 2007; listed units were up 3 versus 2007. This has led to a current inventory of 208 units. Moorestown has been averaging 14 units sold per month which means there is currently 14 months worth of inventory in Moorestown. There was 13 months worth of inventory at the time of my March report. This trails the overall Burlington County market, which has 11 months worth of inventory. Year to date listed units are down 12 (a 6% decrease), pended units are down 32 (a 47.1% decrease) and sold units are down 51 (a 134.2% decrease). See how this compares to the Burlington County Market.

Over the last 3 years the average number of units pended and sold in April was approximately 26 & 22 respectively. This April, there were 20 pended and 14 sold. These numbers indicate a market that is adding inventory faster than it can be absorbed. If you see real estate as a long term investment, now is a great time to buy or “move-up” because the numbers are working in your favor.

What does all this mean? If you are thinking of buying or selling right now it’s important that you seek the advice of a full time professional realtor who can best advise you as to how to take advantage of this market.

The chart below provides you with the 4/2007-4/2008 numbers for listed, pended and sold units.

If you are thinking of selling or buying in the near future, please don't hesitate to contact me directly at 856-222-5829. Or you may always visit me on line for tons of useful tips and ideas at no cost or obligation to you. I look forward to helping you reach your Real Estate goals.

*Market statistics as of 5/13/2008.

Moorestown- Are you looking for something fun to do this weekend, with your significant other, or with the whole family? If so, there are a few choices for you.

• On Saturday May 3 from 2-6pm there is the 11^th Annual Wild West BBQ Spring Into Summer Event located at Spillpond Farm. According to their web site the proceeds will “benefit the Family Service Food Pantry and the Charles Yates Center for Children and Families.” You can enjoy cowboy games, ride a pony, take a hay ride, climb a rock wall and tons of other fun things as well. To learn more, visit their web site.

• Also on Saturday May 3 is the 3^rd Annual Moorestown Community House Wine Tasting from 5:30-8:30pm. There will be over 400 Wines to sample from around the World; which should keep you plenty busy! All the proceeds benefit the Moorestown Community House Restoration Fund. Tickets are available at the door, or prior to the event at the Community House or at The Wine Cellar.

• On Sunday May 4^th is Moorestown’s Crop Walk For Hunger. Can you imagine that 1 in 6 people in this world survive on less than $1 a day! This is a great event for a great cause and one that I’m looking forward to participating in. If I’m lucky and the weather holds out, I’ll be able to enjoy a wonderful afternoon with my 7 year old and 4 year old as well. Otherwise, I’ll be enjoying a walk in the rain! Registration starts at 1:30pm at the First United Methodist Church. You can find more information by visiting Moorestown’s web site and then clicking on “Crop Walk.” If you can’t make it and would still like to donate, you may do so securely on line by clicking here.

Whatever you end up doing this weekend, I hope you have a wonderful time!

Here’s the Moorestown Real Estate market update for March 2008. Pended units for the March were down 1 and Sold units were down 18 compared 2007; listed units were down 6 versus 2007. This has led to a current inventory of 202 units. Moorestown has been averaging 15 units sold per month which means there is currently 13 months worth of inventory in Moorestown. This trails the overall Burlington County market, which has 10 months worth of inventory. Year to date listed units are down 15 (a 10.6% decrease), pended units are down 34 (a 73.9% decrease) and sold units are down 39 (a 162.5% decrease). See how this compares to the Burlington County Market.

Over the last 3 years the average number of units pended and sold in March was approximately 25 & 24 respectively. This March, there were 25 pended and 8 sold. These numbers indicate a market that is adding inventory faster than it can be absorbed. If you see real estate as a long term investment, now is a great time to buy or “move-up” because the numbers are working in your favor.

What does all this mean? If you are thinking of buying or selling right now it’s important that you seek the advice of a full time professional realtor who can best advise you as to how to take advantage of this market.

The chart below provides you with the 3/2007-3/2008 numbers for listed, pended and sold units.

If you are thinking of selling or buying in the near future, please don't hesitate to contact me directly at 856-222-5829. Or you may always visit me on line for tons of useful tips and ideas at no cost or obligation to you. I look forward to helping you reach your Real Estate goals.

*Market statistics as of 4/16/2008.

To keep up with local Moorestown news and events, the official Moorestown Township web site maintains a community events calendar as well as local township news on their township site.

Moorestown Township Public School District has announcements and news about individual Moorestown public schools, including Moorestown High School.  Private Moorestown Friends School also has special events and news..


Additional information is available at...

Moorestown Business Association

Moorestown Newsletters [PDF]

Moorestown Community Clubs and Organizations

Moorestown Township Parks and Recreation (Sports)

Moorestown Library  [Digital Download Center]

Burlington County Library - Westhampton (Main HQ)
Burlington County Library - Maple Shade

By the way, if you want to learn about Moorestown's past, read about Moorestown Township History.
(See also Burlington County Historian, as will as the NJ Historical Commission)

List of Newspapers providing Moorestown news coverage.

For additional information at the county level:
Burlington County Resource Center

Copyright 2008 by Lawrence Yerkes. All Rights Reserved.