Gloucester County New Jersey, Market Update for 2nd Quarter 2013
Market Up-Date for Real Estate Gloucester County, New Jersey, including among others Washington Township, NJ, zip code 08012; Glassboro, NJ, zip code 08028; Pitman, NJ, zip code 08071; Logan, NJ, zip code 08085; and Deptford, NJ, zip code 08096.
For April, May, June of 2013, the medium sales price for Gloucester County, New Jersey was $185,000, up 1.4% from last year; the average sales price was $202,541, 0.3% down from 2011. The actual sales price received based on the original listing price was 90.3% with an average of 154 days on the market, down 3.4% from 2011. During this time period in Gloucester County, New Jersey, there were 2,248 real estate properties on the market for sale, down 19.3% from 2011, and 680 real estate properties sold, an increase of 6.4% from 2011.
Zip code 08012 for Washington Township, NJ, the medium sales price was $195,500, an increase of 0.8% from 2011. Real estate properties sold for 90.4% of original listing price, an increase of 1.9% from 2011 with an average of 142 days on the market, down 2% from 2011. During this second quarter of 2012, closed real estate sales for Washington Township, New Jersey, accounted for 42 real estate properties, up 100% from 2011.
Zip code 08028 for Glassboro, NJ, the medium sales price was $182,000, an increase of 1.6% from 2011. Real estate properties sold for 90.0% of the original listing price, a 3.5% increase from 2011 with average days of 179 on the market, down 8.5% from 2011. During this second quarter of 2012, in Glassboro, New Jersey, 49 real estate properties sold, an increase of 22.5% from 2011.
Zip code 08071 for Pitman, NJ, the medium sales price was $135,000, 11.8% less than in 2011. Real estate properties sold for 85.6% of the original listing price, an increase of 5.0% compared to 2011 with average days of 137 on the market, down 8.6% from 2011. During this second quarter of 2012, for Pitman, New Jersey, closed real estate sales accounted for 27 real estate properties, an increase of 8.0% from 2011.
Zip code 08085 for Logan, NJ, the medium sales price was $ 257,350, a 4.7% drop from 2011. Real estate properties sold for 93.0% of the original listing price, up 1.7% from 2011 with an average of 139 days on the market, 20.8% less than in 2011. During the second quarter of 2012, for Logan, New Jersey, closed sales accounted for 60 real estate properties, an increase of 5.3% from 2011.
Zip code 08096 for Deptford, NJ, the medium sales price was $150,000, a 4.9% drop from 2011. Real estate properties sold for 87.4% of the original listing price, down 4.7% from 2011 with an average of 179 days on the market, an increase of 35.4% in 2011. During the second quarter of 2012, for Deptford, New Jersey, closed sales accounted for 76 real estate properties, a decrease of 11.6% from 2011.
