Camden County New Jersey, Market Update for 2nd Quarter 2013

Market Up-Date for Real Estate Camden County, New Jersey, and for zip codes 08002, 08003, 08034 pertaining to Cherry Hill, NJ; zip code 08043 pertaining to Voorhees, NJ; zip code 08033 pertaining to Haddonfield, NJ; zip code 08059 pertaining to Mount Ephraim, NJ, and zip code 08009 pertaining to Berlin.

For April, May, June of 2013, the medium sales price for Camden County was $175,000, 4.8% up from last year; the average sales price $201,433, up 3.8% from 2012.  The actual sales price received based on the original listing price was 91.9%, up 3.2% with an average 120 days on the market, down 19.8% from the year before.  During this time period in Camden County, New Jersey, there were 3,776 real estate properties on the market for sale, 13.2% down from 2012 and 1,212 real estate properties sold, an increase of 16.4% from 2012.

Zip code 08002 for Cherry Hill, New Jersey, the medium sales price came to $180,000, a 7.5% decrease from 2012.  Real estate properties sold for 90.1% of the original listing price, a 0.8 decrease from 2012 with an average of 124 days on the market, down 22.5 %.  During the second quarter 2013 for Cherry Hill 08002, NJ, closed sales accounted for 72 real estate properties, up 26.3% from 2012.

Zip code 08003 for Cherry Hill, New Jersey, the medium sales price was $275,551, up 12.0% from 2012.  Real Estate properties sold for 93.1% of the original listing price, up 2.3% from 2012 with an average of 106 days on the market, down 17.5% from the year before. During the second quarter 2013 for Cherry Hill, zip code 08003, NJ, closed sales accounted for 125 real estate properties, up 37.4% from 2012.

Zip code 08034 for Cherry Hill, New jersey, the medium sales price was $214,000, up 7.5% from 2012.  Real Estate properties sold for 95.6% of the original listing price, up 8.5% from 2012 with an average of 90 days on the market, down 35.6%.  During the second quarter 2013 for Cherry Hill, zip code 08034, NJ, closed sales accounted for 79, an increase of 23.4% from 2012.

Zip code 08043 for Voorhees, NJ; the medium sales price was $286,500, up 8.1% from 2012.  Real estate properties sold for 94.0% of the original listing price, a 4.8% increase from 2012 with average days of 83 on the market, down 50.1% from 2012.  During this second quarter of 2013, in Voorhees, New Jersey, 88 real estate properties sold, an increase of 14.3% from 2012.

Zip code 08033, Haddonfield, NJ, the medium sales price was $357,000, a 5.1% decrease from 2012.  Real estate properties sold for 95.0% of the original listing price, an increase of 3.6% compared to the same time period in 2012 with average days of 99 on the market, down 23.1% from 2012.  During this second quarter of 2013, for Haddonfield, New Jersey, closed sales accounted for 83 real estate properties, an increase of 12.2% from 2012.

Zip code 08059, Mount Ephraim Borough, NJ, the medium sales price was $115,000, down 11.5% from 2012.  Real estate properties sold for 91.5% of the original listing price, up 5.5% from 2012 with an average of 125 days on the market, down 22.6% from 2012.  During the second quarter of 2013, for Mount Ephraim, New Jersey, closed sales accounted for 13 real estate properties, a decrease of 13.3% from 2012.

Zip code 08009, Berlin Township, NJ, the medium sales price came to $205,000, down 8.9% from 2012.  Real estate properties sold for 89.8% of the original listing price, with no change from the previous year with an average of 169 days on the market, a decrease of 8.8% from 2012.  During the second quarter of 2013, Berlin, New Jersey, closed sales accounted for 43 real estate properties, up 48.3% from 2012.

Zip code 08030, Gloucester Township, Gloucester City, New Jersey, the medium sales price was $59,250, down 44.6% from 2012.  Real Estate Properties sold for 92.4% of the original listing price, up 0.5% from 2012 with an average of 169 days on the market, up 3.4% from 2012.  During the 2nd quarter of 2013, Gloucester Township, Gloucester City, New Jersey, closed sales accounted for 28 real estate properties, down 17.6% from 2012.

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