Here’s the Haddon Heights Real Estate market update for April 2008. Pended units for the April were up 7 and Sold units were down 1; listed units were up 5 versus 2007. This has led to a current inventory of 77 units. Haddon Heights has been averaging 6 units sold per month which means there is currently 12 months worth of inventory in Haddon Heights. This trails the overall Camden County market, which has 11 months worth of inventory. Year to date listed units are up 16 (a 20% increase), pended units are up 15 (a 45.5% increase) and sold units are up 4 (a 14.3% increase). See how this compares to the Camden County Market.
Over the last 3 years the average number of units pended and sold in April was approximately 10 & 9 respectively. This April, there were 10 units pended and 5 sold. The fact that the number of pended and sold units are up over 2007 is a positive sign for this market even though the number of units listed is up as well.
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 4/2007-4/2008 numbers for listed, pended and sold units.
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 5/13/2008.
Here’s the Cherry Hill Real Estate market update for April 2008. Pended units for the April were down 18 and Sold units were down 22 compared 2007; listed units were down 13 versus 2007. This has led to a current inventory of 624 units. Cherry Hill has been averaging 63 units sold per month which means there is currently 9 months worth of inventory in Cherry Hill. This outpaces the overall Camden County market, which has 11 months worth of inventory. Year to date listed units are down 78 (a 12% decrease), pended units are down 106 (a 43.6% decrease) and sold units are down 101 (a 55.5% decrease). See how this compares to the Camden County Market.
Over the last 3 years the average number of units pended and sold in April was approximately 98 & 81 respectively. This April, there were 71 units pended and 55 sold. 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 4/2007-4/2008 numbers for listed, pended and sold units.
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 5/13/2008.
Here is your April Camden County Real Estate market update. For April, listed units were down 38 units compared to 4/2007, or a 3.1% decrease. Pended units for April were down 97, or a 22.1% decrease. Sold units were down 115, or a 31% decrease. This has led to a current inventory of 4484 units. Camden County has been averaging 407 units sold per month which means there is currently 11 months worth of inventory in Camden County. Year to date listed units are down 7.8%, pended units are down 38.6% and sold units are down 47.4%.
Over the last 3 years the average number of units pended and sold in April was approximately 663 & 564 respectively. This April, there were 440 units pended and 371 sold. 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 4/2007-4/2008 numbers for listed, pended and sold units.
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 5/13/2008.
Here’s the Westampton Real Estate market update for April 2008. Pended units for the April were down 3 and Sold units were down 9 compared 2007; listed units were down 15 versus 2007. This has led to a current inventory of 89 units. Westampton has been averaging 9 units sold per month which means there is currently 10 months worth of inventory in Westampton. This outpaces the overall Burlington County market, which also has 11 months worth of inventory. Year to date listed units are down 37 (a 49..3% decrease), pended units are down 23 (a 85.2% decrease) and sold units are down 22 (a 137.5% decrease). See how this compares to the Burlington County Market.
Over the last 3 years the average number of units pended and sold in April was approximately 20 & 11 respectively. This April, there were 7 units pended and 4 sold. 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 4/2007-4/2008 numbers for listed, pended and sold units.
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 5/13/2008.
Here’s the Palmyra Real Estate market update for April 2008. Pended units for April were down 1 and Sold units were down 2 compared 2007; listed units were down 6 versus 2007. This has led to a current inventory of 72 units. Palmyra has been averaging 9 units sold per month which means there is currently 8 months worth of inventory in Palmyra. This outperforms the overall Burlington County market, which has 11 months worth of inventory. Year to date listed units are down 19 (a 24.4% decrease), pended units are down 18 (a 60% decrease) and sold units are down 13 (a 50% decrease). See how this compares to the Burlington County Market.
Over the last 3 years the average number of units pended and sold in April was approximately 13 & 12 respectively. This April there were 8 units pended and 7 sold. 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 4/2007-4/2008 numbers for listed, pended and sold units.
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 5/13/2008.
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