Matt Moxhay Moorestown Real Estate

Last Friday I was calling to set appointments for one of my buyer clients and was surprised that 2 of the 8 homes denied my showing times. Each homeowner had more than 24 hour notice: these were not last minute calls so I couldn’t imagine why the sellers denied the showings. The buyers went through the other 6, found one they liked and we negotiated an accepted offer.

If your home is on the market you have to realize that you might not get a second chance to make a first impression.

Try not to think of it as your home anymore. Think of it as if you’re a host to a potential buyer’s party. The more they enjoy that party, the more likely they’ll want to stay! Heck they may even pay your desired cover charge to stay;-)

What you do when you’re hosting a party:

1. You clean your home.
2. You try and think of what your guests might want so you can accommodate them.
3. You’ll send an invitation with directions on how to get there.
4. You’ll welcome your guests, even if they come early or late.

What you don’t do when you’re hosting a party:

1. Leave your home cluttered and dirty. That might be how you live in it from time to time, or all the time in some cases, but not how you would want your guests to see it.
2. Only have what you want to drink or eat with little thought of what your guests like and want.
3. Make sure your home is hard to find.
4. Send out an invitation only to cancel without telling anyone.
5. Deny any guest entry who is even a minute or two too late or early.

Now, if you’re the one bringing the money, which party would you rather go to?

Here’s the Marlton Real Estate market update for September 2008. Pended units for September were flat and Sold units were down 1 compared to September 2007; listed units were down by 15 units versus 2007. This has led to a current inventory of 421 units. Marlton has been averaging 43 units sold per month which means there is currently 9 months worth of inventory in Marlton. This outperforms the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 63 (a 6% decrease), pended units are down 82 (a 17% decrease) and sold units are down 119 (a 28% decrease). See how this compares to the Burlington County Market.

Over the last 3 years the average number of units pended and sold in September was approximately 59 & 55 respectively. This September, there were 42 units pended and 39 units sold. These numbers indicate a market that is adding inventory faster than it can be absorbed. The average Days on Market for the year is 75.

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 9/2007-9/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Burlington County from 9/2007-9/2008. The average sold price is down 6% from September 2007 ($280,920) to September 2008 ($263,454).

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 10/15/2008.

Here’s the Delran Real Estate market update for September 2008. Pended units for September were up 6 and Sold units were down 5 compared to September 2007; listed units were down by 18 units versus 2007. This has led to a current inventory of 121 units. Delran has been averaging 11 units sold per month which means there is currently 11 months worth of inventory in Delran. This outperforms the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 17 (a 6% increase), pended units are down 10 (a 9% decrease) and sold units are down 2 (a 20% decrease). See how this compares to the Burlington County Market.

The last 3 years the average number of units pended and sold in September was approximately 14 & 15 respectively. This September there was 15 units pended and 6 sold. The average Days on Market for the year is 88.

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 9/2007-9/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Burlington County from 9/2007-9/2008. The average sold price is down 7% from September 2007 ($286,250) to September 2008 ($267,054).

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 10/15/2008.

Here’s your Cinnaminson Real Estate market update for September 2008. Pended units for September were down 5 and Sold units were up 3 compared 2007; listed units were down by 2 units versus 2007. This has led to a current inventory of 108 units. Cinnaminson has been averaging 9 units sold per month which means there is currently 12 months worth of inventory in Cinnaminson. This matches the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 24 (an 11% decrease), pended units are down 20 (a 23% decrease) and sold units are down 19 (a 23% decrease). See how this compares to the Burlington County Market.

The last 3 years the average number of units pended and sold in September was approximately 13 & 12 respectively. This September there was 8 units pended and 8 sold. The average Days on Market for the year is 87.

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 9/2007-9/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Burlington County from 9/2007-9/2008. The average sold price is down 6% from September 2007 ($270,280) to September 2008 ($253,812).

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 10/15/2008.

Here is your September Camden County Real Estate market update. For September, listed units were down 60 units compared to September 2007, or a 6% decrease. Pended units for September were down 85, or a 27% decrease. Sold units were down 40, or a 10% decrease. This has led to a current inventory of 4489 units. Camden County has been averaging 355 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%, pended units are down 34% and sold units are down 37%.

Over the last 3 years the average number of units pended and sold in September was approximately 509 & 568 respectively. This September, there were 321 units pended and 396 sold. The average Days on Market for the year is 81.

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 9/2007-9/2008 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 9/2007-9/2008. The average sold price is down 2.1% from September 2007 ($213,513to September 2008 ($209,132).

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 10/15/2008.