Delran Real Estate - June '07 Market Update

Welcome to the Delran Real Estate update for the month ending June 2007.

There are currently 109 homes for sale in Delran NJ ranging from condo's to single family homes. The market has remained stable over the last couple of months as homes continue to sell and the amount of homes for sale has remained constant. As you can see from the data below, the homes coming off the market (pended + units sold) has remained in line with the amount of homes listed for sale. The Average DOM (Days on Market) continue to remain under 3 months which is very strong.

Here is a snapshot of the activity over the past 3 months:

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
June 2007	29	10,233,400	352,875	13	19	6,299,600	331,557	67
May 2007	29	9,261,099	319,348	19	15	4,576,500	305,100	82
Apr 2007	34	10,890,972	320,322	17	12	3,340,472	278,372	82

Totals:	92	30,385,471	330,276	49	46	14,216,572	309,055	76

Here are some details of the homes that sold in June:

Subdivision	Street	DOM	Sold Price
Delcrest	Chester Ave	46	226,800
Summerhill	Woodcrest Ln	59	257,000
None Available	Firethorn Ln	3	270,000
Summerhill	Winterberry Pl	27	278,000
Grande At Rancocas C	Nottingham Dr	95	280,000
Greentree	Montclair Dr	16	288,000
Cambridge	Arch St	132	290,000
Tenby Chase	Bentwood	96	292,500
Ashley Crossing	Tara Ln	80	300,000
None Available	Sycamore St	67	307,000
Millside Heights	Cornell Dr	97	310,000
Grande At Rancocas C	Huntington Dr	133	336,000
Ashley Crossing	Ashley Dr	13	340,000
Tenby Chase	Beaverbrook Rd	234	357,000
Summerhill	Amberfield Dr	21	392,500
Tenby Chase	Westover Dr	82	415,000
Grande At Rancocas C	Inverness Dr	29	440,000
Summerhill	Springcress Dr	13	449,900
Grande At Rancocas C	Providence Ct	31	469,900