| Buyer's Market | 1 | 2 | 3 | 4 | 5 | Seller's Market |
| é |
Camden County Labor Market
In the first two months of the fourth quarter, 2,624 jobs were added to the payrolls of Camden County. As a result of these new jobs, the average monthly unemployment rate fell from 4.9% during the third quarter to 4.3% for October and November. The strong employment climate may help to create demand for home purchases. Favorable mortgage rates should augment this trend.
Camden County Housing Market
| Q3 2007 | Q4 2007 | Q1 2008 (Forecast) | |
| Average Price | $226,900 | $211,700 | é |
| # Homes on the Market* | 4,339 | 3,629 | ó |
| " Homes Sold | 1,593 | 1,189 | ê |
| #New Homes Built ** | 163 | 82 | ê |
| Average # of Days on Market | 67 | 73 | é |
* Available as of Dec 31 2007
** During the first two months of 4th quarter
This information has been reprinted from the Economic and Market Watch Report with permission from TREND.
