Here’s the Delran Real Estate market update for August 2008. Pended units for August were up 1 and Sold units were up 10 compared to August 2007; listed units were up by 3 units versus 2007. This has led to a current inventory of 124 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 up 1 (a 0.4% increase), pended units are down 15 (a 15.2% decrease) and sold units are down 18 (a 17.8% 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 & 19 respectively. This August there was 9 units pended and 21 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 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 1.4% from August 2007 ($276,636) to August 2008 ($280,642).
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 your Cinnaminson Real Estate market update for August 2008. Pended units for August were up 5 and Sold units were up 4 compared 2007; listed units were down by 7 units versus 2007. This has led to a current inventory of 105 units. Cinnaminson has been averaging 9 units sold per month which means there is currently 11 months worth of inventory in Cinnaminson. This outperforms the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 22 (an 11.2% decrease), pended units are down 15 (a 19% decrease) and sold units are down 22 (a 29.3% 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 12 & 15 respectively. This August there was 11 units pended and 15 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 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 down 9.6% from August 2007 ($289,640) to August 2008 ($261,973).
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 Pennsauken Real Estate market update for August 2008. Pended units for August were down 20 and Sold units were down 13 compared to August 2007; listed units were down 10 versus 2007. This has led to a current inventory of 311 units. Pennsauken has been averaging 29 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 79 (a 12.8% decrease), pended units are down 89 (a 39.4% decrease) and sold units are down 98 (a 48.5% decrease). See how this compares to the Camden County Market.
Over the last 3 years the average number of units pended and sold in August was approximately 53 & 44 respectively. This August, there were 24 units pended and 20 sold. The average Days on Market for the year in Pennsauken is 76 days.
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 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 Pennsauken from 8/2007-8/2008. The average sold price is down 7.9% from August 2007 ($171,735) to August 2008 ($158,220).
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 9/15/2008.
Here’s the Haddon Heights Real Estate market update for August 2008. Pended units for August were up 1 and Sold units were down 2; listed units were down 5 versus August 2007. This has led to a current inventory of 76 units. Haddon Heights has been averaging 7 units sold per month which means there is currently 10 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 6 (a 4.1% increase), pended units are up 16 (a 25.4% increase) and sold units are up 12 (an 18.2% increase). See how this compares to the Camden County Market.
Over the last 3 years the average number of units pended and sold in August was approximately 7 & 12 respectively. This August, there were 5 units pended and 6 sold. The average Days on Market for the year is 86. 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 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 Haddon Heights from 8/2007-8/2008. The average sold price off by less than 1% from August 2007 ($237,223) to August 2008 ($235,566).
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 Cherry Hill Real Estate market update for August 2008. Pended units for August were down 26 and Sold units were down 26 compared to August 2007; listed units were down 28 versus 2007. This has led to a current inventory of 635 units. Cherry Hill has been averaging 59 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 211 (a 16.3% decrease), pended units are down 186 (a 36.4% decrease) and sold units are down 205 (a 43.1% decrease). See how this compares to the Camden County Market.
Over the last 3 years the average number of units pended and sold in August was approximately 92 & 109 respectively. This August, there were 55 units pended and 72 sold. The average Days on Market for the year in Cherry Hill is 79.
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 Cherry Hill from 8/2007-8/2008. The average sold price is down 7.1% from August 2007 ($294,581) to August 2008 ($273,813).
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.
 |
|
|
Whether you are buying or selling in Moorestown, Mount Laurel or beyond, my goal is provide you with innovative ideas and professional advice so you may make the best Real Estate decisions possible.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
