Introduction​

• Overview of the Housing Market in Gloucester Twp, NJ

• Comparison of Housing Sales: May 8 - May 14, 2023, vs. May 8 - May 14, 2022

  1. Number of Homes Sold

  2. Average List Price

  3. Total Sales Volume

• Analysis of Inventory and Market Trends

  1. Low Inventory

  2. Benefits for Sellers

• Active Real Estate Listings and Pending Contracts

• Average Days on Market (DOM)

• Conclusion

• Frequently Asked Questions (FAQs)

  1. What is the current state of the housing market in Gloucester Twp, NJ?

  2. How does the number of homes sold this year compare to last year?

  3. Is now a good time to sell a home in Gloucester Twp?

  4. How many active real estate listings are there in Gloucester Twp?

  5. What is the average days on market for recent home sales in Gloucester Twp?

Market Report for Gloucester Twp, NJ: May 8 - May 14
The housing market in Gloucester Township, New Jersey, has been a topic of interest for both buyers and sellers. In this article, I will provide a comprehensive report on the housing market in Gloucester Twp, focusing on the week of May 8 to May 14. By analyzing data from this period and comparing it to the same date in 2022, we will gain insights into the current state of the market. Let's dive in and explore the trends, sales volume, inventory, and more.

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1. Introduction
The real estate market in Gloucester Twp, NJ, has witnessed notable fluctuations in recent years. Understanding the market dynamics is crucial for both home buyers and sellers to make informed decisions. In this report, we will examine the latest trends and statistics, providing valuable insights into the housing market.

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2. Overview of the Housing Market in Gloucester Twp, NJ
Gloucester Township, located in Camden County, New Jersey, offers a diverse range of housing options. The township is known for its suburban charm, excellent school districts, and convenient access to major cities. With a combination of affordable homes, amenities, and a strong sense of community, Gloucester Twp has attracted many potential buyers.

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3. Comparison of Housing Sales: May 8 - May 14, 2023, vs. May 8 - May 14, 2022

3.1 Number of Homes Sold

During the week of May 8 to May 14, 2023, a total of 9 homes were sold in Gloucester Twp. In comparison, during the same period in 2022, there were 20 homes sold. This represents a significant decrease in the number of homes sold, indicating a potential shift in the market.

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3.2 Average List Price
The average list price for the homes sold during this week was $316,833. While it is essential to consider individual property characteristics, this average list price provides a general overview of the market's pricing range.

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3.3 Total Sales Volume
The total sales volume for the week of May 8 to May 14, 2023, amounted to $2,851,500. Comparatively, during the same period in 2022, the total sales volume was $6,183,500. This substantial decrease in sales volume signifies a notable change in the market's activity.

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• Active Real Estate Listings and Pending Contracts  19 New Listings this week  7 Pending 

• There is a total of 72 Active and coming soon listings in Gloucester Twp NJ

• Average Days on Market (DOM)   14.77 

Contact Dave Sulvetta For More information and to get a market valuation on your home ​

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☎️ 856.889.8163

📧  Dave@DaveSulvetta.com

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