Matt Moxhay Moorestown Real Estate

While my wife grew up in Moorestown, I’ve been a resident for about 8 years. Every year, for the past 4 years, we’ve had a block party. Unless you were at the block party, I’m sure you could care less about that, but…..We just found out this year that Moorestown has Volleyball, Badminton, Croquet sets and much more available for you to use at your Block Party! Now that’s a hometown!!

I knew Moorestown was a great place to live because of its’ schools, parks, proximity to Philadelphia, New York, Washington DC etc., but to know that the town actually lets you borrow stuff to make your block party even better is awesome!

So if you’ve just moved to Moorestown, or you’ve been a Moorestown resident for your entire life, start working on your block party. The township is happy to let you borrow some games for everyone to enjoy. What better way is there to develop a sense of community than “Block Party Croquet?”

Here’s the Pennsauken Real Estate market update for July 2008. Pended units for July were down 6 and Sold units were down 7 compared to July 2007; listed units were down 5 versus 2007. This has led to a current inventory of 301 units. Pennsauken has been averaging 28 units sold per month which means there is currently 10 months worth of inventory in Pennsauken. This outperforms the overall Camden County market, which has 12 months worth of inventory. Year to date listed units are down 69 (a 12.9% decrease), pended units are down 71 (a 35.5% decrease) and sold units are down 84 (a 45.9% decrease). See how this compares to the Camden County Market.

Over the last 3 years the average number of units pended and sold in July was approximately 44 & 50 respectively. This July, there were 31 units pended and 32 sold. The average Days on Market for the year in Pennsauken is 76 days. These numbers indicate a market that is adding inventory faster than it can be absorbed. If you see real estate as a long term investment, now is a great time to buy or “move-up” because the numbers are working in your favor.

What does all this mean? It means that if you are thinking of buying or selling right now it’s important that you seek the advice of a full time professional realtor who can best advise you as to how to take advantage of this market.

The chart below provides you with the 7/2007-7/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Pennsauken from 7/2007-7/2008. The average sold price is up 1% from July 2007 ($190,017) to July 2008 ($191,850).

If you are thinking of selling or buying in the near future, please don't hesitate to contact me directly at 856-222-5829. Or you may always visit me on line for tons of useful tips and ideas at no cost or obligation to you. I look forward to helping you reach your Real Estate goals.

*Market statistics as of 8/16/2008.

Here’s the Haddon Heights Real Estate market update for July 2008. Pended units for July were down 4 and Sold units were up 5; listed units were down 5 versus July 2007. This has led to a current inventory of 71 units. Haddon Heights has been averaging 6 units sold per month which means there is currently 11 months worth of inventory in Haddon Heights. This outpaces the overall Camden County market, which has 12 months worth of inventory. Year to date listed units are up 11 (an 8.3% increase), pended units are up 14 (a 24.6% increase) and sold units are up 14 (a 23.3% increase). See how this compares to the Camden County Market.

Over the last 3 years the average number of units pended and sold in July was approximately 8 & 14 respectively. This July, there were 4 units pended and 15 sold. The average Days on Market for the year is 92. Haddon Heights remains one of the few towns that has sold more properties year to date in 2008 then in 2007.

What does all this mean? It means that Haddon Heights is a market to watch closely. In other words, if you are thinking of buying or selling right now it’s important that you seek the advice of a full time professional realtor who can best advise you as to how to take advantage of this market.

The chart below provides you with the 7/2007-7/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Haddon Heights from 7/2007-7/2008. The average sold price is up 2.9% from July 2007 ($277,090) to July 2008 ($285,220).

If you are thinking of selling or buying in the near future, please don't hesitate to contact me directly at 856-222-5829. Or you may always visit me on line for tons of useful tips and ideas at no cost or obligation to you. I look forward to helping you reach your Real Estate goals.

*Market statistics as of 8/16/2008.

Here’s the Cherry Hill Real Estate market update for July 2008. Pended units for July were down 6 and Sold units were down 6 compared to July 2007; listed units were up 6 versus 2007. This has led to a current inventory of 620 units. Cherry Hill has been averaging 57 units sold per month which means there is currently 10 months worth of inventory in Cherry Hill. This outperforms the overall Camden County market, which has 12 months worth of inventory. Year to date listed units are down 186 (a 16.3% decrease), pended units are down 171 (a 38.4% decrease) and sold units are down 180 (a 44.7% decrease). See how this compares to the Camden County Market.

Over the last 3 years the average number of units pended and sold in July was approximately 93 & 102 respectively. This July, there were 74 units pended and 74 sold. The average Days on Market for the year in Cherry Hill is 79. These numbers indicate a market that is adding inventory faster than it can be absorbed. If you see real estate as a long term investment, now is a great time to buy or “move-up” because the numbers are working in your favor.

What does all this mean? If you are thinking of buying or selling right now it’s important that you seek the advice of a full time professional realtor who can best advise you as to how to take advantage of this market.

The chart below provides you with the 7/2007-7/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Cherry Hill from 7/2007-7/2008. The average sold price is down 1.2% from July 2007 ($277,235) to July 2008 ($274,001).

If you are thinking of selling or buying in the near future, please don't hesitate to contact me directly at 856-222-5829. Or you may always visit me on line for tons of useful tips and ideas at no cost or obligation to you. I look forward to helping you reach your Real Estate goals.

*Market statistics as of 8/16/2008.

Here is your July Camden County Real Estate market update. For July, listed units were down 112 units compared to July 2007, or a 10.3% decrease. Pended units for July were down 114, or a 28.2% decrease. Sold units were down 94, or a 20.1% decrease. This has led to a current inventory of 4591 units. Camden County has been averaging 373 units sold per month which means there is currently 12 months worth of inventory in Camden County. Year to date listed units are down 12.5%, pended units are down 36% and sold units are down 39.9%.

Over the last 3 years the average number of units pended and sold in July was approximately 593 & 663 respectively. This July, there were 405 units pended and 450 sold. The average Days on Market for the year is 81. These numbers indicate a market that is adding inventory faster than it can be absorbed. If you see real estate as a long term investment, now is a great time to buy or “move-up” because the numbers are working in your favor.

What does all this mean? It means that Camden County is a market to watch closely. In other words, if you are thinking of buying or selling right now it’s important that you seek the advice of a full time professional realtor who can best advise you as to how to take advantage of this market.

The chart below provides you with the 7/2007-7/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Camden County from 7/2007-7/2008. The average sold price is down 1.8% from July 2007 ($224,293) to July 2008 ($220,436).

If you are thinking of selling or buying in the near future, please don't hesitate to contact me directly at 856-222-5829. Or you may always visit me on line for tons of useful tips and ideas at no cost or obligation to you. I look forward to helping you reach your Real Estate goals.

*Market statistics as of 8/16/2008.