Here’s the Westampton Real Estate market update for August 2008. Pended units for August were flat and Sold units were down 2 compared to August 2007; listed units were also flat versus 2007. This has led to a current inventory of 105 units. Westampton has been averaging 8 units sold per month which means there is currently 13 months worth of inventory in Westampton. This trails the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 55 (a 31.3% decrease), pended units are down 32 (a 53.3% decrease) and sold units are down 35 (a 66% decrease). See how this compares to the Burlington County Market.
Over the last 3 years the average number of units pended and sold in August was approximately 13 & 18 respectively. This August, there were 8 units pended and 6 sold. The average Days on Market for the year is 114.
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 8/2007-8/2008 numbers for listed, pended and sold units.
Below is a chart that shows the average list price and average sold price for Westampton from 8/2007-8/2008. The average sold price is down 6.1% from August 2007 ($332,812) to August 2008 ($312,666).
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 9/15/2008.
Here’s the Moorestown Real Estate market update for August 2008. Pended units for August were up 5 and Sold units were up 8 compared to August 2007; listed units were down 11 versus 2007. This has led to a current inventory of 200 units. Moorestown has been averaging 16 units sold per month which means there is currently 12 months worth of inventory in Moorestown. This matches the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 21 (a 5.7% decrease), pended units are down 18 (a 12.2% decrease) and sold units are down 42 (a 30.4% decrease). See how this compares to the Burlington County Market.
Over the last 3 years the average number of units pended and sold in August was approximately 16 & 28 respectively. This August, there were 14 pended and 25 sold. The average Days on Market for the year is 102.
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 8/2007-8/2008 numbers for listed, pended and sold units.
Below is a chart that shows the average list price and average sold price for Moorestown from 8/2007-8/2008. The average sold price is down 23.4% from August 2007 ($678,882) to August 2008 ($520,610).
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 9/15/2008.
Here’s the Maple Shade Real Estate market update for August 2008. Pended units for August were down 7 and Sold units were down 10 compared to August 2007; listed units were up 1 compared with 2007. This has led to a current inventory of 106 units. Maple Shade has been averaging 11 units sold per month which means there is currently 9 months worth of inventory in Maple Shade. This outperforms the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 57 (a 28.8% decrease), pended units are down 34 (a 39.1% decrease) and sold units are down 32 (a 37.7% decrease). See how this compares to the Burlington County Market.
The last 3 years the average number of units pended and sold in August was approximately 17 & 20 respectively. This August, there were 10 units pended and 10 units sold. The average Days on Market for the year is 81.
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 8/2007-8/2008 numbers for listed, pended and sold units.
Below is a chart that shows the average list price and average sold price for Maple Shade from 8/2007-8/2008. The average sold price is down 2.5% from August 2007 ($187,672) to August 2008 ($183,030).
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 9/15/2008.
Here’s the Lumberton Real Estate market update for August 2008. Pended units for August were down 3 and Sold units were down 7 compared to August 2007; listed units were down 4 versus 2007. This has led to a current inventory of 118 units. Lumberton has been averaging 9 units sold per month which means there is currently 13 months worth of inventory in Lumberton. Lumberton trails the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 50 (a 23% decrease), pended units are down 43 (a 56.6% decrease) and sold units are down 42 (a 56.8% decrease). See how this compares to the Burlington County Market.
The last 3 years the average number of units pended and sold in August was approximately 14 & 18 respectively. This August, there were 9 units pended and 9 units sold. The average Days on Market for the year is 83.
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 8/2007-8/2008 numbers for listed, pended and sold units.
Below is a chart that shows the average list price and average sold price for Lumberton from 8/2007-8/2008. The average sold price is down 40.5% from August 2007 ($354,481) to August 2008 ($211,177).
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 9/15/2008.
Here’s the Marlton Real Estate market update for August 2008. Pended units for August were up 2 and Sold units were down 18 compared to August 2007; listed units were down by 17 units versus 2007. This has led to a current inventory of 441 units. Marlton has been averaging 47 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 49 (a 4.8% decrease), pended units are down 89 (a 21% decrease) and sold units are down 119 (a 30.4% decrease). See how this compares to the Burlington County Market.
Over the last 3 years the average number of units pended and sold in August was approximately 66 & 82 respectively. This August, there were 50 units pended and 53 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 76.
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 8/2007-8/2008 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 8/2007-8/2008. The average sold price is up 2.2% from August 2007 ($273,450) to August 2008 ($279,516).
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 9/15/2008.
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