Market Statistics and Comparrison for Voorhees NJ - November 2010 & 2011
The Voorhees NJ November market comparison has some mixed news.
November 2010 we saw 28 homes listed with a listed average of $323,771, nine homes went pending, 12 units sold and the average days on market were 116 for November 2010 in Voorhees NJ. The sold average for November 2010 was $301,849.
This November 2011, 20 homes listed, 12 homes went pending and 12 units sold. The average days on market dropped drastically to 59 days. The listed average dropped to $231,985 while the sold average dropped to $232,746. This could mean a number of things. Perhaps more short sales and foreclosures hit the market or more “lower value properties” had sold. What we do know is the average days on market dropped considerably which is a good sign. Please view the graphic for more information in regards to the market update.
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Data is gathered from trend MLS. Information is deemed accurate but may not be reliable.
Within this report you will see market statistics and comparison for the Gloucester Twp. NJ Real Estate market for November 2010 and November 2011. This report is for residential properties only, including condos townhouses and single-family residences.
As you can see in November 2010, Fifty nine (59) residential units listed with a listed average of $158,540. Fifteen (15) units pended in November 2010 & twenty seven (27) units sold last November with a sold average of $180,657. The average days on the market were 130. Now this brings us November 2011. Sixty (60) units listed with a listed average of $167,810, twenty seven (27) units pended and 33 units sold with a sold average of $167,566 the average days on market for November 2011 was 101. Now let’s take this data and see with this all means.
For more graphical, please see the chart. 
One more unit listed in 2011 than in 2010 however the listed average increased $9270. Twelve (12) more units pended in November of 2011 than 2010, thirty three (33) units sold in 2011 which brings us to six more units selling in November of 2011 than November 2010, however the sold average decreased by $13,091, this could mean many different things. Perhaps more condo’s, foreclosures, or short sales sold in 2011 than 2010. The days on market considerably dropped 29 days, nearly one month less sell a home November 2011 compared to November 2010. That’s great news. Less stay optimistic!
Market Statistics & Comparison- November 2010 & 2011 Gloucester Township New Jersey
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Here is the latest update for the Real Estate market in Voorhees NJ. I have used only residential properties, this includes condos and townhomes. Data is from TReND and although this information is deemed reliable, it is not guaranteed.
This OCtober 2011 the Voorhees NJ Real Estate market had 10 more homes listed than last October. Although the average listed price went up, the sold average was down. The average days on market or "DOM" did decrease this October. Please view the chart below to see all the data.

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If you are interested in selling your Voorhees NJ home, please give me a call or send me an email.
Gloucester Twp NJ October 2010 & 2011 Market Update
Here is the most recent market update and comparrison for the months of October 2010 and October 2011 in the Gloucester Twp NJ area.
As you can see only 8 homes less where listed than last year this time however the listed average (price) only dropped by -$9521. A total of 10 more units went pending in October 2011 compared October 2010 and 27 units sold in October 2011 compared to 32 in Oct. 2010.
The sold volume decreased slighlty from October 2010 ($-843,559) and the sold average only dropped a mere -$767.00 This could be caused by many factors however this drop is very slight. One disturbing is the fact that DOM or Days On Market increased by 46 days.
What does this tell us? There is just no way to tell right now. although we see a decline it is very minor and certainly not at the pace the media is telling us in our area. Also, real estate is local and what might be happening in other parts of the country, even other parts of NJ may have no berring on Gloucester Twp NJ. The DOM could mean that we need to pay closer attention to where we are setting our home prices.
The graph and chart below gives us exact numbers.
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Open House - 1503 Aberdeen Ln Blackwood NJ 08012 Valleybrook
This Sunday 11/6/11 From 1-3

Very nice and well kept 1st floor unit in the Players Place section of Valleybrook Blackwood NJ. This great home has a beautiful view of the fountain and a patio off the living room to enjoy your morning coffee, dinners or just for relaxing. The home has just had new carpet installed and some new paint, so there is nothing to do except move in and enjoy! Why rent when you can own for less than monthly rent!
Open House - 1503 Aberdeen Ln Blackwood NJ 08012 Valleybrook
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