Market Update for Camden County, 4th Quarter 2016
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 and zip code 08030 for Gloucester Township/City.
For October, November, December of 2016, the medium sales price for Camden County was $150,000, 0.0% from last year; the average sales price $170,218 up 0.2% from 2015. The actual sales price received based on the original listing price was 91.8%, up 1.1% with an average 99 days on the market, down 10.6% from the year before. During this time period in Camden County, New Jersey, there were 2846 real estate properties on the market for sale, 15.8% down from 2015 and 1638 real estate properties sold, an increase of 24.3% from the same time of 2015, the monthly home supply was 5.1, down 29.5%.
Zip code 08002 for Cherry Hill, New Jersey, the medium sales price came to $216,500, a 15.5% increase from 2015. Real estate properties sold for 93.6% of the original listing price, an increase of 1.2% from 2015 with an average of 92 days on the market, down18.6%. During the 4th quarter 2016 for Cherry Hill 08002, NJ, closed sales accounted for 103 real estate properties, up 18.4% from 2014.
Zip code 08003 for Cherry Hill, New Jersey, the medium sales price was $265,000, down 3.6% from 2015. Real Estate properties sold for 93.6% of the original listing price, 0.0% from 2015 with an average of 92 days on the market, down 18.6% from the year before. During the 4th quarter 2016 for Cherry Hill, zip code 08003, NJ, closed sales accounted for 103 real estate properties, up 18.4% from 2015.
Zip code 08034 for Cherry Hill, New jersey, the medium sales price was $223,750 up 13.6% from 2015. Real Estate properties sold for 93.4% of the original listing price, unchanged from 2015 with an average of 78 days on the market, unchanged. During the 4th quarter of 2016 for Cherry Hill, zip code 08034, NJ, closed sales accounted for 82, unchanged from 2015.
Zip code 08043 for Voorhees, New Jersey; the medium sales price was $247,964, up 3.6% from 2015. Real estate properties sold for 91.9% of the original listing price, a 0.2% increase from 2015 with average days of 107 on the market, up 5.9% from 2015. During this 4th Quarter of 2016, in Voorhees, New Jersey, 111 real estate properties sold an increase of 50.0% from 2015.
Zip code 08033, Haddonfield, New Jersey, the medium sales price was $375,000 a decrease of 3.8% from 2015. Real estate properties sold for 93.9% of the original listing price, an increase of 2.2% compared to the same time period in 2015 with average days of 113 on the market, up 9.7% from 2015. During this 4th quarter of 2016, for Haddonfield, New Jersey, closed sales accounted for 65 real estate properties, an increase of 38.3% from 2015.
Zip code 08059, Mount Ephraim Borough, New Jersey, the medium sales price was $142,400 up 29.5% from 2015. Real estate properties sold for 89.6% of the original listing price, up 7.3% from 2015 with an average of 78 days on the market, down 22.8% from 2015. During the 4th Quarter of 2016, for Mount Ephraim, New Jersey, closed sales accounted for 19 real estate properties up 46.2% from 2015.
Zip code 08009, Berlin Township, New Jersey, the medium sales price came to $218,850 up 34.7% from 2015. Real estate properties sold for 92.1% of the original listing price, an increase of 2.4% from the same time of the previous year with an average of 124 days on the market, up 30.5% from 2015. During the 4th quarter of 2016, Berlin, New Jersey, closed sales accounted for 42 real estate properties, down 10.6% from 2015.
Zip code 08030, Gloucester Township, Gloucester City, Camden County, New Jersey, the medium sales price was $68,000, up 22.5% from 2015. Real Estate Properties sold for 92.0% of the original listing price, up 10.3% from 2015 with an average of 104 days on the market, down 14.0% from the same time of 2015. During the 4th quarter of 2016, Gloucester Township, Gloucester City, New Jersey, closed sales accounted for 41 real estate properties, down 2.4% from 2015.
EXIT Realty JP Rothermel, Medford, NJ
Assisting buyers and sellers invest in real estate properties and homes in Southern New Jersey
Ph: 609-714-3948
Fx: 609-714-3954
