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. As of this article, 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 active list price is $352,177.

Overview of the Gloucester Township Real Estate Market

The Gloucester Township real estate market is currently experiencing high demand, with many buyers competing for a limited number of properties. The number of active homes for sale is relatively low, with only 13 available properties in the weeks of April 10 to April 23, 2023. However, there were 20 homes that went pending during the same period, indicating a robust market with quick sales.

Real Estate Statistics for Gloucester Township NJ:

Weeks of April 10 to April 23, 2023

Here's a breakdown of the real estate statistics for Gloucester Township NJ for the weeks of April 10 to April 23, 2023:

• 9 coming soon listings

• 13 active homes

• 20 homes went pending

• 26 homes settled

• The average sold price is $274,223

• The total dollar volume is $7,129,800

• The average days on market for the sold homes were 27

• The average list price is $352,177

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Reasons for High Demand

Several factors contribute to the high demand for properties in Gloucester Township, NJ. Firstly, the town is located in a prime location, with easy access to major highways, making it an ideal place for commuters. Secondly, the town offers a range of housing options, from affordable starter homes to larger, more luxurious properties. Finally, the area has an excellent reputation for its schools and amenities, making it an attractive place for families to settle down.

Tips for Buyers and Sellers

For Buyers:

• Be prepared to act fast when a property you like becomes available. The current market is highly competitive, and properties are selling quickly.

• Get pre-approved for a mortgage before starting your property search. This will give you a better idea of your budget and will show sellers that you are a serious buyer.

• Work with an experienced real estate agent who knows the area and can help you find the right property.

For Sellers:

• Price your property competitively to attract buyers (we're in a strong sellers market). Research the market to see what similar properties are selling for and consider listing your property slightly below market value to generate interest.

• Make sure your property is in good condition and move-in ready. Buyers are often looking for properties that require minimal work, so make sure your property is well-maintained and updated.

• Work with an experienced real estate agent who can help you navigate the current market conditions and get the best possible price for your property.

FAQs

1. What is the current demand for properties in Gloucester Township, NJ? The current demand for properties in Gloucester Township is high, with many buyers competing for a limited number of properties.

2. How many active homes are currently available in Gloucester Township, NJ? As of the weeks of April 10 to April 23, 2023, there were only 13 active homes available in Gloucester Township.

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Contact Dave Sulvetta ☎️ 856.889.8163

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Email: 📧 Dave@DaveSulvetta.com

 

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