Gloucester Twp, NJ Real Estate News

By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
    Gloucester Township NJ Real Estate Update Hello Gloucester Twp Residents. It's been a few weeks but I'm back with more real estate info for Gloucester Township NJ. I also covered the weeks I missed. If you have any real estate questions, please Call me at 856.889.8163 Gloucester Township NJ Real Estate Update: 10/23/2023-11/12/2023 40 homes successfully settled with an average settled price of $306,208! The average time these homes spent on the market was just 22 days. Additionally, 1 distressed home successfully settled during this period.   4 sellers provided concessions to their buyers, making homeownership even more accessible!   Presently, there are 54 homes pending sale— Meanwhile, there are 95 active homes on the market, ensuring plenty of choices for eager buyers. Among thes...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Twp, NJ Real Estate Update: Oct 16 - Oct 22, 2023 Market Highlights 5 Coming Soon Listings to Keep an Eye On 90 Active Homes Ready For Sale 70 Pending Homes 12 Homes Settled Price Insights Average Sales Price: $328,500 Average List Price: $323,117   Search All Gloucester Township NJ Homes For Sale Swift Sales Average Days on Market: Just 25 days   Valleybrook Blackwood NJ Homes For Sale   See an in-depth report for Gloucester Twp NJ here Seller's Success Sellers' Average Net: Increased by 1.6% New Builds 7 New Construction Homes Available Bank Owned Homes No Bank-Owned Homes Sold – A Sign of a Healthy Market Ready to explore the thriving Gloucester Twp real estate scene? Connect with me at 856.889.8163 for personalized advice and expert guidance to make your real estate drea...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
The Real Estate Market in Gloucester Township, NJ Week of 10/2/2023 - 10/8/2023Introduction                  The real estate market in Gloucester Township, New Jersey, is buzzing with activity. With 6 coming soon listings and 83 active listings, it's an exciting time for both buyers and sellers. In this article, we'll delve into the statistics and trends that define the current state of the real estate market in Gloucester Township.The Numbers SpeakActive ListingsGloucester Township boasts a robust real estate market with 83 active listings. These properties present a range of opportunities for homebuyers. From cozy single-family homes to stylish townhouses, there's something for everyone.       Gloucester Township Market ReportPending HomesCurrently, there are 69 homes pending sale. Th...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Township NJ Real Estate Market Statistics: September 25th to October 1st, 2023 Search ALL Gloucester Township NJ Homes For SaleIn the ever-evolving world of real estate, staying informed about local market trends is crucial, whether you're a potential buyer, seller, or just a curious observer. This article provides an in-depth analysis of Gloucester Township NJ's real estate market statistics for the week of September 25th to October 1st, 2023. We will delve into key metrics, including the number of listings, average list prices, pending sales, closed transactions, days on market, and the netting percentage above asking price. Let's explore what's been happening in this vibrant housing market.  Current Listings​To kick things off, let's take a look at the current listings in ...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
 A Closer Look at the Gloucester Township NJ  Real Estate Market: 2022 vs 2023Introduction:The real estate market is ever-evolving, impacted by various factors, from economic conditions to buyer preferences. In this article, we will compare the real estate market data from January 1, 2022, through August 31, 2022, and the same dates in 2023, with a particular focus on the number of homes sold, average days on the market, average sold price, and buyer financing methods. By examining these trends, we can gain valuable insights into the market's performance and identify potential shifts. This data is from BrightMLS and may have errors but is deemed reliable. This is also only for Gloucester Township NJ for the dates 1/1/2022- 8/31/2022 and 2023 the same time frame.Search all Gloucester twp...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Township, located in New Jersey, experienced significant changes in its real estate market during the first half of 2022 compared to 2023. Let's delve into a comparison of these two periods, focusing on key statistics and market trends.Number of Homes SoldIn the first six months of 2022, Gloucester Township witnessed the sale of 469 homes, demonstrating a healthy level of activity in the market. However, the number of homes sold decreased in the first half of 2023, with 332 properties changing hands during this period. Although the figures indicate a decline, it is essential to examine additional factors to gain a comprehensive understanding of the market's dynamics. For certain, we are in a severe housing inventory shortage.Average Sold Price and Total VolumeDuring the first...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
A Comparative Analysis of Sales in Valleybrook, Gloucester Township, NJIn the competitive real estate market, analyzing sales data is essential for both buyers and sellers to make informed decisions. By comparing sales figures from the past year to the current year, we can gain valuable insights into the trends and performance of the market. In this article, we will examine the sales statistics of Valleybrook, Gloucester Township, NJ, for the years 2022 and 2023. By delving into the numbers, we can assess the growth and development of the real estate market in this area.1. IntroductionValleybrook, located in Gloucester Township, NJ, has become an attractive real estate destination for many homebuyers. Analyzing the sales data of this area can provide valuable insights into the market's ...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
The Gloucester Township housing market in New Jersey experienced an interesting week from May 22 to May 28, 2023. Despite a decrease in the sold dollar volume compared to the previous year, the market has shown signs of strength and resilience. This report will delve into the statistics and trends that shaped the housing market during this period, highlighting key insights and developments.Decrease in Sold Dollar Volume: The sold dollar volume for the specified dates amounted to $4,348,050, a notable decrease from the previous year's figure of $8,260,500. This decline can be attributed to the lack of inventory available in the market. With fewer homes for sale, buyers faced limited options, leading to a decrease in overall sales activity.... read more by clicking this link:https://www.d...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Twp NJ Housing Market (5/15 - 5/21)Sold Dollar Volume Comparison: 2023 vs. 2022The sold dollar volume for dates in 2023 amounted to $2,344,000, reflecting a decrease compared to the previous year's figure of $3,966,900. This decline indicates a potential shift in market dynamics, which could influence pricing and buyer behavior. We also need to realize there is a very low rate of inventory presently. Newly Listed HomesDuring the designated timeframe, there were 15 newly listed homes in Gloucester Twp NJ. This influx of fresh inventory presents increased options for prospective buyers and contributes to a more dynamic market.Click here to read the full reportSearch all Gloucester Twp NJ Homes For SaleSearch All Valleybrook Blackwood NJ Townhomes and Condos For SaleContact Dave...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Twp NJ Housing Report May 5 - May 14, 2023 | Real Estate Market InsightsWelcome to our comprehensive Gloucester Township, New Jersey Housing Report for May 5 - May 14, 2023! In this video, we delve into the latest updates, trends, and statistics regarding the housing market in Gloucester Township, NJ. Whether you're a prospective homebuyer, a seller, or simply interested in the local real estate scene, this report is your ultimate guide to understanding the current market conditions.See the full report hereSearch Gloucester Twp NJ Homes For SaleValleybrook Blackwood NJ Homes For SaleContact Dave Sulvetta ☎️856.889.8163📧 Dave@DaveSulvetta.com
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
The housing market in Gloucester Twp NJ has seen some significant changes since the same week in 2022. This update will provide a breakdown of the changes in the market, including sold dollar volume, new listings, average active list price, units sold, and average days on market.2023 vs. 2022: Sold Dollar VolumeIn the week of 5/1/2023, the sold dollar volume for Gloucester Twp NJ was $1,031,000. This is a significant decrease from the same week in 2022, which saw a sold dollar volume of $3,658,900. This decrease in sold dollar volume can be attributed to several factors, including a decrease in demand for housing, changes in the local economy, and fluctuations in interest rates.2023 vs. 2022: New ListingsDuring the week of 5/1/2023, there were 17 new listings in Gloucester Twp NJ. This ...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Twp NJ Housing Market Stats4/24/23 - 4/30/23​​As the month of April came to a close, it's time to take a look at how the Gloucester Township NJ real estate market performed this past week compared to the same time period in the previous year. In this article, we will examine various metrics such as sold dollar volume, new listings, active list price, units sold, and average days on the market to gain insight into the state of the market.Sold Dollar VolumeOne of the key indicators of the health of the real estate market is the sold dollar volume. For the week of April 24-30, 2023, the sold dollar volume was $4,699,000. In comparison, during the same time period in 2022, the sold dollar volume was $5,169,622. This represents a decrease of approximately 9% in sold dollar volume ...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
 # Real Estate Market Report for Gloucester Township NJ: Weeks of April 10 to April 23, 2023 #Are you interested in buying or selling a property in Gloucester Township NJ? If so, it's essential to stay informed about the latest real estate market trends. In this article, we will discuss the real estate statistics for Gloucester Township NJ for the weeks of April 10 to April 23, 2023. There are 9 coming soon listings, 13 active homes, 20 homes went pending, and 26 homes settled. The average sold price is $274,223, and the total dollar volume is $7,129,800. The average days on market for the sold homes were 27, and the average list price is $352,177. ## Overview of the Gloucester Township Real Estate Market ##The Gloucester Township real estate market is currently experiencing high demand...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
        Valleybrook Gloucester Township NJ Real Estate Year-to-Date Market Report As of April 24, 2023As of today, there are only four active units for sale in the Valleybrook Blackwood NJ real estate market. However, despite the limited availability of homes for sale, the real estate market has been active this year.So far this year, there have been a total of 10 settled homes in Valleybrook Blackwood NJ. The average price of these homes were $256,650, which is a significant increase compared to last year (last year 18 homes sold for an average of $246,083). The total sales volume for these 10 homes amounted to $2,579,700. The average days on market for this year is 20.8 while days on market for last year was 12.22This surge in home prices can be attributed to the high demand for homes...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
 Gloucester Township NJ Real Estate Stats for Dates 3/20/2023 - 3/26/2023  In the past week in Gloucester Twp NJ, 5 homes settled while 7 homes went pending, additionally, 5 new homes hit the market as active with an average list price of $400,560 certainly indicating that sellers are confident in the market and are willing to list their homes at higher prices. Last year within these dates, 8 homes settled with an average sales price of $265,488 and a volume of $2,123,,900. Although last year's numbers are better, this isn't a reason to be overly concerned as sales data varies. There are still many more buyers out there looking for good Gloucester Township NJ homes to purchase. There's just not enough inventory.  Sellers are still getting good equity from their houses, with an average i...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Twp NJ - Market Report for 3/5/2023 - 3/12/2023Dave Sulvetta - Gloucester Twp NJ Real Estate AgentThinking about listing your home? Contact Dave Sulvetta at Cell: 856.889.8163or email Dave SulvettaAlthough we are seeing very low/record low inventory across the United States and locally, the real estate market in Gloucester Township NJ remained active during the week from March 5 to March 12. According to recent statistics, only 7 new residential listings became active during the week, which is not a great sign for buyers who are actively searching for a new home. Search All Gloucester Township Homes For Sale HereAdditionally, 13 homes went pending during the week, indicating that there is still strong demand from buyers in the market. This is a good sign for sellers who are l...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Township, NJ Statistics for Housing Market - February 2022 - February 2023For more market reports and about me click hereSearch Real Estate For Sale in Gloucester Twp NJContact Dave Sulvetta - Gloucester Township NJ Realtor | Real Estate AgentCell: 856.889.8163 Email: Dave@DaveSulvetta.comBelow is a comparison from previous year month to the current month. This report compares February 2022 - February 2023 Units SOLDFebruary 2022  had 32 units sold and February 2023 had 28 Units sold. Sellers seem to be waiting for the Spring Market to list their homes. Sold Dollar Volume:The sold dollar volume in Gloucester Township, NJ for February 2022 was $7,768,400 and February 2023 was $6,497,400. Less units sold as mentioned above.Average Days on Market:The average days on market in Gl...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Township, NJ Real Estate - January 2022 - January 2023 ComparisonFor more market reports and about me click hereSearch Real Estate For Sale in Gloucester Twp NJContact Dave Sulvetta - Gloucester Twp NJ Realtor | Real Estate AgentCell: 856.889.8163This report provides a year-over-year comparison of the Gloucester Township real estate market, focusing on key metrics such as sold dollar volume, average sold price, median sold price, units sold, average days on market, average list price for sold properties, and average sales price to original list price ratio (SP to OLP ratio).Sold Dollar Volume:The sold dollar volume in Gloucester Township, NJ decreased by 56.95% from $8,590,971 in the previous year to $3,698,799 in the current year.Average Sold Price:The average sold price in ...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
 Get to Know Gloucester Township NJDave Sulvetta | FULL TIME Gloucester Twp NJ Real Estate AgentAre you looking for a home in Gloucester Township, NJ? From tree-lined traditional neighborhoods to modern developments, close to shopping at the Premium Gloucester Outlets, Philadelphia, Atlantic City, and much more. This vibrant township offers many possibilities for finding your ideal fit. Read on to learn more about the various neighborhoods and housing styles available in Gloucester Township. Gloucester Township offers many different neighborhoods with a wide variety of housing styles. Whether you prefer a traditional neighborhood with luxury homes or an up-and-coming neighborhood with more contemporary architecture, there are plenty of options to choose from. Popular neighborhoods inclu...
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