Market Update for Camden County, 1st Quarter 2017

EXIT Realty JP Rothermel, Medford, New Jersey

Market Update 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 January, February, March of 2017, the medium sales price for Camden County was $149,000, 0.0% from last year; the average sales price $164,673, down 1.9% from 2016.  The actual sales price received based on the original listing price was 92.2%, up 1.9% with an average 102 days on the market, down 7.4% from the year before.  During this time period in Camden County, New Jersey, there were 2979 real estate properties on the market for sale, 18.5% down from 2016 and 1485 real estate properties sold, an increase of 20.9% from the same time of 2016, the monthly home supply was 5.0, down 24.1%.

Zip code 08002 for Cherry Hill, New Jersey, the medium sales price came to $200,000, an 8.7% increase from 2016.  Real estate properties sold for 94.3% of the original listing price, an increase of 2.5% from 2016 with an average of 90 days on the market, up 1.1%.  During the 1st quarter 2017 for Cherry Hill 08002, NJ, closed sales accounted for 70 real estate properties, up 42.9% from 2016.

Zip code 08003
for Cherry Hill, New Jersey, the medium sales price was $243,200, down 6.4% from 2016.  Real Estate properties sold for 93.0% of the original listing price, up 1.3% from 2016 with an average of 102 days on the market, up 10.9% from the year before. During the 1st quarter 2017 for Cherry Hill, zip code 08003, NJ, closed sales accounted for 96 real estate properties, up 28.0% from 2016.

Zip code 08034 for Cherry Hill, New jersey, the medium sales price was $197,500 up 2.6% from 2016.  Real Estate properties sold for 94.4% of the original listing price, unchanged from 2016 with an average of 80 days on the market, unchanged.  During the 1st quarter of 2017 for Cherry Hill, zip code 08034, NJ, closed sales accounted for 60, unchanged from 2016.

Zip code 08043 for Voorhees, New Jersey; the medium sales price was $235,000, down 9.3% from 2016.  Real estate properties sold for 90.2% of the original listing price, a 1.7% decrease from 2016 with average days of 130 on the market, up 11.1% from 2016.  During this 1st Quarter of 2017, in Voorhees, New Jersey, 79 real estate properties sold, an increase of 17.9% from 2016.

Zip code 08033, Haddonfield, New Jersey, the medium sales price was $356,000, a decrease of 1.1% from 2016.  Real estate properties sold for 93.3% of the original listing price, a decrease of 0.4% compared to the same time period in 2016 with average days of 126 on the market, up 17.8% from 2016.  During this 1st quarter of 2017, for Haddonfield, New Jersey, closed sales accounted for 42 real estate properties, a decrease of 6.7% from 2016.

Zip code 08059, Mount Ephraim Borough, New Jersey, the medium sales price was $96,000, down 8.6% from 2016.  Real estate properties sold for 89.3% of the original listing price, up 4.1% from 2016 with an average of 127 days on the market, down 22.3% from 2016.  During the 1st Quarter of 2017, for Mount Ephraim, New Jersey, closed sales accounted for 30 real estate properties up 20.0% from 2016.

Zip code 08009, Berlin Township, New Jersey, the medium sales price came to $179,900 up 13.3% from 2016.  Real estate properties sold for 92.2% of the original listing price, an increase of 1.1% from the same time of the previous year with an average of 127 days on the market, up 28.3% from 2016.  During the 1st quarter of 2017, Berlin, New Jersey, closed sales accounted for 49 real estate properties, up 11.4% from 2016.

Zip code 08030, Gloucester Township, Gloucester City, Camden County, New Jersey, the medium sales price was $40,550, down 13.7% from 2016.  Real Estate Properties sold for 91.2% of the original listing price, up 5.7% from 2016 with an average of 76 days on the market, down 32.1% from the same time of 2016.  During the 1st  quarter of 2017, Gloucester Township, Gloucester City, New Jersey, closed sales accounted for 38 real estate properties, up 15.2% from 2016.

EXIT Realty JP Rothermel, Medford, NJ 08055
Assisting buyers and sellers invest in real estate properties and homes in Southern New Jersey

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