Gloucester County Year-to-Month Residential Sales Statistics

When looking at the year-to-month actual statistics (using the most recently completed month of April vs. March vs. January) for Gloucester County, the results for residential homes on the market, sold, average price and days for sale before close is charted as follows:

Yr Ending	Units Listed	Units Sold	% Sold	Sold Avg.	Avg.  Dom
04/2008	7053	2959	42	$244,053	80
03/2008	7233	3055	42	$243,945	78
01/2008	7108	3135	44	$245,347	75

See previous article for prior year 01/200X year-to-date comparison.

This shows that the trend is mixed across the various statistics, any downword trends appear to be slowing, and hopefully will start to level and even reverse direction.

The current inventory is 2456, with an average monthly Sold of 227, yielding a backlog of 10 months to sell off the inventory at current rates of sale.

Copyright 2008 by Lawrence Yerkes. All Rights Reserved.