Monthly Archives: February 2009

Year to Date Housing Market Snapshot – Jan 2009

The housing market snapshot is provided by Trend MLS and includes home sales information for transactions recorded from January 1, 2009 through Jan. 31, 2009 within Burlington, Camden, Gloucester, Mercer, and Salem Counties.
Burlington County Single Family Home Sales:
Settled Units:

2007: 254
2008: 233 (2007/2008 change: -8.27%)
2009: 162 (2008/2009 change: -30.47%)

Average Settled Price:

2007: $330,000
2008: $275,000 (2007/2008 change: -16.67%)
2009: $257,000 [...]

Posted in Burlington County, Camden County, Gloucester County, Mercer County, South Jersey | 2 Comments

Burlington County Real Estate Market Update Jan 2009

The January 2009 Burlington County real estate market and activity reports for single family homes provided by Trend MLS.  Graphs and figures compare the real estate sales activity from January 2000 to January 2009.   Click each image to enlarge.
Notes on Statistics

All statistics are from TREND’s monthly Residential Activity Reports. Due to the fluid nature of MLS data, insignificant [...]

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Senate Agrees to Add Home Buyer Tax Break

Update 2-15-09:  Final Stimulus Bill passed in Congress and set to be signed by the President on Monday.  Congress decided not to go forward with the Isakson Amendment and produced a modified version of the current tax break for first time homebuyers.  From Winners and losers in the final stimulus bill :
Homebuyers: First-time homebuyers who purchase [...]

Posted in Burlington County, Camden County, Gloucester County, Home Buying Advice, Real Estate News | Leave a comment

South Jersey Real Estate Market Update 02-09

The following information is provided by Trend MLS as of February 1, 2009 for residential real estate listings available within Trend MLS. 
Burlington County
Number of available properties: 3,546
January number of new listings: 747
12 month average number of homes sold per month: 338
January number of homes sold: 171
Inventory accumulation: 10 months
Average sold price YTD: $247, 757

Posted in Burlington County, Camden County, Gloucester County, Real Estate News | Leave a comment