Camden County Year-to-Month Residential Sales Statistics - Through June 2008

When looking at the year-to-month actual statistics (using the most recently completed month of June vs. May, April, March and January) for Camden 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
06/2008	12485	4922	39.4	$215,048	75
05/2008	12724	5101	40.1	$214,872	74
04/2008	12979	5264	40.5	$216,593	73
03/2008	13033	5393	41.3	$217,185	72
01/2008	13266	5783	44	$217,372	81

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

This shows that while the trend is now mixed, it appears that it is attempting to level and hopefully even begin to reverse direction.

The current inventory is 4525, with an average monthly Sold of 379, yielding a backlog of 11 months to sell off the inventory at current rates of sale.

Posted Saturday Jul 19

Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services
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Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services: Real Estate Agent in Medford Township, NJ

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