Gloucester Twp NJ Market Statistics | Gloucester Twp NJ Home Sales & Values | Updated Monthly
If you're looking to purchase or sell a Gloucester Twp NJ Home, you've come to your starting point.
My name is Dave Sulvetta and I am a Realtor with eXp Realty. I have been a local Gloucester Twp Real Estate agent for over 15 years and a resident of Gloucester Twp for 24 years. Put my experience and knowledge of Gloucester Twp NJ to work for you. My other website is www.DaveSulvetta.com. My cell number is 856.889.8163 and email Dave@DaveSulvetta.com
If you're looking to search homes for sale in Gloucester Twp click the link.
(Please remember to check back MONTHLY as the data below is automatically updated from the MLS)
Includes All February 2023
Check out (Click Here ) Gloucester Twp NJ Year-to-Date Real Estate Data
Local Knowledge, Proven Results
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The first chart shows closed sales to ACTIVE listings in Gloucester Twp. As you can see, Gloucester Township NJ has repeatedly (month over month now) more ACTIVE listings than closed sales. This will create a higher absorption rate/ supply & Demand. This is an indication of a market shift, we are headed back to a buyer's market in time.
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As of Feb 2023, this chart shows list price could is still higher than list price of PENDING properties, we do know the average sales price is still a bit higher than the average PENDING price.
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Gloucester Twp NJ now has a very low months supply of homes.
Contact Dave Sulvetta Via Cell: 856.889.8163
or Email: Dave@DaveSulvetta.com
Summary - In Gloucester Township Public Schools (Camden, NJ), the median sold price for Condo & Coop properties for January was $0, representing a decrease of 100% compared to last month and a decrease of 100% from Jan 2022. The average days on market for units sold in January was 0 days, 100% below the 5-year January average of 29 days. There was no month-over-month change in new contract activity with 0 New Pendings; a 100% MoM decrease in All Pendings (new contracts + contracts carried over from December) to 0; and a 0% increase in supply to 2 active units. This activity resulted in a Contract Ratio of 0.00 pendings per active listing, no change from December, and a decrease from 1.50 in January 2022. The Contract Ratio is 100% lower than the 5-year January average of 0.89. A higher Contract Ratio signifies a relative increase in contract activity compared to supply, and indicates the market is moving in the seller's favor. A lower Contract Ratio signifies a relative decrease in contract activity compared to supply, and indicates the market is moving in the buyer's favor.