Cinnaminson Township, NJ

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’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 your Cinnaminson Real Estate market update for April 2008. Pended units for April were down 5 and Sold units were down 1 compared 2007; listed units were up by 1 unit versus 2007. This has led to a current inventory of 98 units. Cinnaminson has been averaging 9 units sold per month which means there is currently 11 months worth of inventory in Cinnaminson. There was 10 months worth of inventory at the end of March. This matches the overall Burlington County market, which also has 10 months worth of inventory. Year to date listed units are down 2 (a 2.1% decrease), pended units are down 17 (a 47.2% decrease) and sold units are down 11 (a 39.3% decrease). See how this compares to the Burlington County Market.

The last 3 years the average number of units pended and sold in April was approximately 18 & 12 respectively. This April there was 9 units pended and 12 sold. 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 your Cinnaminson Real Estate market update for March 2008. Pended units for March were down 4 and Sold units were down 3 compared 2007; listed units were down by 5 units versus 2007. This has led to a current inventory of 98 units. Cinnaminson has been averaging 10 units sold per month which means there is currently 9 months worth of inventory in Cinnaminson. There was 10 months worth of inventory at the end of February. This outpaces the overall Burlington County market, which has 10 months worth of inventory. Year to date listed units are down 3 (a 4.2% decrease), pended units are down 15 (a 62.5% decrease) and sold units are down 10 (a 62.5% decrease). See how this compares to the Burlington County Market.

The last 3 years the average number of units pended and sold in March was approximately 15 & 10 respectively. This March there was 14 units pended and 5 sold. 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 3/2007-3/2008 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 4/16/2008.

To keep up with local Cinnaminson news and events, the official Cinnaminson Township web site maintains a community events calendar as well as local township news on their township home page.

Cinnaminson Township Public School District has announcements and news about individual Cinnaminson public schools, including Cinnaminson High School.  

 

Additional information is available at...

Cinnaminson Business Directory

Cinnaminson Organizations

Cinnaminson Township Sports

Burlington County Library - Cinnaminson

Burlington County Library - Westhampton (Main HQ)
Burlington County Library - Maple Shade

By the way, if you want to learn about Cinnaminson's past, read about Cinnaminson Township History.
(See also Burlington County Historian, as will as the NJ Historical Commission)

List of Newspapers providing Cinnaminson (and Moorestown, etc.) news coverage.

For additional information at the county level:
Burlington County Resource Center

Copyright 2008 by Lawrence Yerkes. All Rights Reserved.