Camden County, NJ Real Estate News

By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Twp NJ October 2022 Market ReportIn Gloucester Township NJ the mediansold price for Attached properties for October was $245,000,representing an increase of 9.6% compared to last month and anincrease of 25.7% from Oct 2021. The average days on market forunits sold in October was 14 days, 34% below the 5-year Octoberaverage of 21 days. There was a 22.2% month over month increasein new contract activity with 11 New Pendings; a 7.1% MoM increasein All Pendings (new contracts + contracts carried over fromSeptember) to 15; and a 33.3% decrease in supply to 8 active units.This activity resulted in a Contract Ratio of 1.88 pendings per activelisting, up from 1.17 in September and a decrease from 2.00 inOctober 2021. The Contract Ratio is 49% higher than the 5-yearOctober average of ...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Home Prices in Gloucester Twp NJ for September 2022Real estate market data for Gloucester Twp NJ provided by Dave Sulvetta of eXp Realty.Gloucester Twp NJ Home Prices | September 2022 We are seeing a decline across the board, HOWEVER, home prices are staying much higher than "normal" or pre-Covid. September 2022 has a sold volume of $4,849,300 while September of 2021 has a sold volume of $10,695,344. There were 31 "PENDINGS" in Sept. 2022 compared to 42 in Sept of 2022.  Sept of 2022 had 32 new listings while Sept 2021 had 46 new listings hit the market. Average list price for sold in Sept 2022 was $255,226 while Sept 2021 $237,674, proof that home prices are still hanging in there for now. SummaryIn Gloucester Township, the mediansold price for Detached properties for September was $28...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Twp NJ Market Conditions - August 2022 | We could be seeing a market shift soon! Gloucester Twp has a 1.24 months supply of inventory for August. This is up 71.7% from last August 2021. However we are still showing prices are up but show signs of dropping a bit. While viewing the page, hover over the bar stats to give you a deeper understanding of the numbers. Check out the full report. https://www.davesellsnj.com/gloucester-twp-nj-market-report   Search All Gloucester Twp NJ homes for sale   Valleybrook Homes For Sale
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Valleybrook Gloucester Twp NJ    Market ReportDave Sulvetta - Valleybrook's Top Producing Realtor 856.889.8163Hey there Valleybrook! Looks like another great year with values increasing significantly. Below - You will find the comparison of List Price to SALE price. Time frame is January 2021 to August 2022. Prices still seem to be rising in Valleybrook.  Month Sale Price to Orig. Price Ratio # of New Listings   Month Sale Price to Orig. Price Ratio # of New Listings Jan-21 100.00% 6   Jan-22 102.90% 4 Feb-21 97.90% 5   Feb-22 106.70% 6 Mar-21 102.00% 10   Mar-22 105.10% 6 Apr-21 103.50% 9   Apr-22 105.50% 9 May-21 100.00% 13   May-22 107.30% 5 Jun-21 101.60% 10   Jun-22 105.20% 4 Jul-21 100.70% 5   Jul-22 106.70% 7 Aug-21 100.40% 7   Aug-22 107.30% 5 See more of the report and Valleybr...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Hey there Gloucester Twp!  Valleybrook is having a fantastic year! Prices of homes have continued to rise and days on market are staying low.  So far, 22 homes have sold with another 11 properties under contract!  Properties Under Contract Address Beds Baths Living ft2 List Price Cost per ft2 DOM 9 Augusta Ln 3 3 2,400 $320,000 $133 16 days 119 La Costa Dr 3 3 1,914 $309,900 $161 28 days 301 Doral Dr 3 3 2,103 $299,500 $142 11 days 71 La Costa Dr 3 3 1,914 $285,000 $148 11 days 12 Pinehurst Ct 3 2 1,382 $269,900 $195 3 days 34 Pebble Ln 3 3 1,386 $269,900 $194 7 days Check out the complete report Gloucester Twp ValleybrookSearch ALL Valleybrook Blackwood NJ homes for SaleContact Dave Sulvetta Valleybrooks all-time top selling agentCall my cell: 856.889.8163
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By Janet Larsen, Don't Just List Your Home, SELL IT!
(Berkshire Hathaway, HomeServices Fox and Roach, Realtors)
Look at This Beauty in Gloucester Twp!  Are you thinking of selling or buying?  Call Janet Larsen today!
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Township NJ Homes For Sale and Pending Homes For 5/31/2022Dave Sulvetta Gloucester Twp NJ Realtor and REAL ESTATE AGENTSee more and view Gloucester Township NJ Properties for Sale & Pending Homes for 5/31/2022 Follow the link to give you actual stats! Active Properties Address Beds Baths Living ft2 List Price Cost per ft2 DOM 46 Hilltop Ave 3 2 1,282 $229,000 $178 20 days 1403 Tanglewood 2 3 1,248 $209,000 $167 20 days 24 Aster Dr 4 3 1,904 $380,000 $199 23 days 217 Downing Rd 3 2 1,572 $314,900 $200 25 days 205 Masters Dr 3 3 1,907 $249,000 $130 25 days 19 Sinatra Dr 4 3 2,280 $400,000 $175 25 days 56 Sturbridge Dr 3 2 1,590 $299,900 $188 22 days 15 Aberdeen Dr 4 3 2,292 $420,000 $183 22 days 389 Roberts Dr 4 3 2,064 $390,000 $188 28 days 34 Presidential Dr 3 1 1,248 $115,00...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Twp NJ Home Sellers        The One Thing Every Homeowner Needs To Know About a Recession A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: “A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other indicators. A recession begins when the economy reaches a peak of economic activity and ends when the economy reaches its trough. Between trough and peak, the economy is in an expansion.” To help show that home prices do...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Twp NJ - Sell my Home!If you're thinking about selling your Gloucester Twp NJ home, It appears now is the time! Interest rates are rising and affordability is shrinking. This means that buyers, potentially for your house, will be looking in a lower price range now, or may stop looking for a home altogether.  We also have inflation looming over our heads. Follow this link to get your home's value and monthly updates! Sell Gloucester Twp NJ HomeKnow your competition  - Search all Gloucester Twp home's for saleGet a free monthly Gloucester Twp NJ Market ReportContact Dave Sulvetta856.889.8163
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Valleybrook Blackwood NJ | Valleybrook Golf | Valleybrook Homes For SaleApril 2022 showed the market for Valleybrook is still strong! We are still seeing well over normally sold prices in the entire development and only 13 days on market until pending. However, I do see a slowdown of some type coming. I also believe home prices may drop, how much, I can't tell, but with interest rates climbing into the 5% range and the feds raising the rates again, we can expect some sort of shift in prices. Across the board for the country, mortgage applications dropped nearly 40% from April of 2021. While I wouldn't panic yet, If you are considering listing your Valleybrook home, i'd consider doing it pretty soon to maximize your return. These are just my opinionsContact Dave Sulvetta via email Dave@D...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Hello Gloucester Twp Residents! Here is my monthly briefing on Gloucester Twp NJ sold homes and real estate market stats.April 2022 was another great month and was much more financially gainful for Gloucester Twp home sellers than April 2021. April 2021 saw 121 units listed with a listed volume of $28,051,985 while April 2022 saw 125 units listed and a listed volume of $35,942,174!The listed median price in April 2021 $220,000 while this past April $275,000Now, here are signs of a possible slowdown - April 2021 Pended homes 110 while April 2022 had 102 homes pending.Units sold in April 2021 94 while April 2022 had 76 units sold.Although prices are still up and April 2022 proved a much higher median price, home sales seem to be slipping. According to CNBC, surging interest rates have pus...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
  Gloucester Twp NJ March 2022 Market Stats!Check out Gloucester Twp's market stats below. If you've been thinking about selling your Gloucester Twp home, there is no doubt, NOW is the time. The market is still on fire and there is very low inventory. In fact, there are only 27 active homes for sale presently in Gloucester Twp with an average sales price of $281,833. As of this writing, there are 35 pending homes and 29 homes sold in Gloucester Twp in March. Of those homes sold, the average sales price was $259,317 with a sales volume of $7,520,200. Average days on market for those homes? - 21.5This is pretty amazing! What was the #1 sold in a development? Valleybrook and a close 2nd is Blackwood Estates. Gloucester Twp in 2021 didn't do so bad either - The average sales Price in Glouce...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Twp - ValleybrookSo How Does Present Valleybrook Compare to Recent Years?List Price by SqFt RatioMonth 2016     2017     2018     2019     2020     2021Jan      $55       $82       $76      $80      $121     $152Feb      $92       $81       $89       $53      $74      $156Mar      $78       $75      $78       $97       $83      $143Apr       $98      $121     $86       $91       $94      $142May      $60       $84      $95       $89        $83      $157The AverageList Price For Valleybrook From January 1 2022, to March 24, 2022 is $167.37!!!!!!As you can see, Valleybrook's prices per sq ft have SIGNIFICANTLY increasedover the years.The Fed Is Raising the Rates! Don't Be Left Out!Again - If you are considering selling your home, now is the time. Sell with Valleybrook'smost kno...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Blackwood NJ - Valleybrook Gloucester Twp - Market update for February 2022!  The market is still CRAZY!  To prove this, here are the Valleybrook numbers from February 2021 -February 2021 - Average Days On Market - 16.33  February 2022 - 12 DaysFebruary 2021 Avg List Price - $183,233  Feb 2022 - $245,175February 2021 Avg Sold Price - $179,933  Feb 2022 - $252,125Although the market does show signs of slowing, we are still in an excellent market for sellers. If you are thinking about selling, PLEASE, just give me a call or email. Dave SulvettaSearch all Valleybrook Homes For Sale
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By Janet Larsen, Don't Just List Your Home, SELL IT!
(Berkshire Hathaway, HomeServices Fox and Roach, Realtors)
Another Wye Oak home listed by Janet is gone for top dollar. Thinking of selling?  Do you want to know the value of your home?  Talk to me and you may be blown away by the number. Janet Larsen has been selling homes locally for 20 years. Call me today with your questions. 
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By Janet Larsen, Don't Just List Your Home, SELL IT!
(Berkshire Hathaway, HomeServices Fox and Roach, Realtors)
Look at this beauty listed by Janet Larsen!  Are you wondering how much your home is worth?  Janets been your local Agent for 20 years. Let’s talk. Proud Marine Mom. 
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By Janet Larsen, Don't Just List Your Home, SELL IT!
(Berkshire Hathaway, HomeServices Fox and Roach, Realtors)
Too Late for this adorable 2 Story home featuring 3 bedrooms!  Thinking of selling?  Do you want to know the value of your home?  Talk to me and you may be blown away by the number. Janet Larsen has been selling homes locally for 20 years. Call me today with your questions.  Proud Marine mom serving our Military community 
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Twp NJ January 2022 - Market Statistics WOW! that one word sums up this Gloucester Twp Market. We are still in a very low inventory situation, however, if you are thinking about listing your home, please consider doing it sooner than later. It appears the FED will raise the rates in March and some believe it will slow down the market. So, here are the statistics for all of Glo Twp NJ, January 202267 Units were listed and at the end of January, there were only 89 Active units, for the entire township. 70 Units sold in January. And the Days on Market was an average of 19!There is was an .08 monthly supply of inventory.   Take a look below at the graphic. Search all Gloucester Twp NJ homes For Sale Contact Dave Sulvetta for more information
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By Janet Larsen, Don't Just List Your Home, SELL IT!
(Berkshire Hathaway, HomeServices Fox and Roach, Realtors)
https://matrix.brightmls.com/matrix/shared/TXmHsHj5ZJc/84Annapolis
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
  Gloucester Twp NJ - Valleybrook Sold in November and December 2021!  Let's check out what sold in Valleybrook, Blackwood NJ for the last two months of 2021!A total of 21 homes were settled in November and December of 2021! Now, compared to November 2020 - December 2021, we are up a total of 3 more sold in 2021. Here are the statistics - 2021 Days on Market - AVG. 21.752020 Days on Market - AVG  14.35  (I believe this is due to higher listing prices in 2021)2021 Average sold Price $222,6782020 Average Sold Price $196,700Here are the units that sold for November and December 2021 - Gloucester Twp Valleybrook 23 Pebble Ln 6 Sawgrass Ct 3204 Wimbledon Way 20 Muirfield Ct 4002 Aberdeen Ln 2306 Doral Dr 9 Sawgrass Ct 1603 Aberdeen Ln 608 Aberdeen 169 La Costa Dr 2502 Wimbledon Way 4304 Aber...
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