By Roxanne | Published:
April 10, 2008
The real estate activity in Westampton, NJ was much slower for March 2008 compared to March 2007. There were 16 new listings in 2008 compared to 25 in 2007, which does help slow the pace of inventory accumulation since sales dramatically dropped. The number of homes sold in 2007 was 13 for the month of March and in 2008 there were only 4 sales. The number of homes going under contract also slowed with 8 properties contracted in 2008 compared to 16 properties which went under contract in 2007.
The median sales price for the properties sold in Westampton for the first quarter of the year was $282,500 based off of 11 properties sold year to date. Sellers obtained, on average, 94% of their asking price. The total number of properties listed Jan – March in 2008 was 57 compared to 81 in 2007 and 12 properties sold in 2008 compared to 25 properties sold in 2007. Properties going under contract saw a decline as well in the year over year comparison: 35 contracted in 2007 vs. 15 contracted in 2008.
By Roxanne | Published:
February 2, 2008
The following information on the housing inventory in Burlington County will go over the current number of homes on the market, including the inventory accumulation figures, and then a breakdown by price range. All figures were obtained from Trend MLS this morning.
Burlington County Real Estate Listings and Monthly Sales Activity:
Number of active listings within Burlington County: 3793
Average number of homes sold per month (12 month average): 412
Inventory Accumulation: 9 months
Homes listed up to $200,000
Number of active listings: 885
Average number of homes sold per month (12 month average): 136
Inventory Accumulation: 6 months
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By Roxanne | Published:
January 20, 2008
The 4th quarter Burlington County housing market activity in 2007 as compared to the 4th quarter in the previous four years shows a slow down in pending sales and homes sold, with a longer amount of time on the market.
Burlington County 4th Quarter New Property Listings:
- 2007: 2,268
- 2006: 2,359
- 2005: 2,202
- 2004: 1,968
- 2003: 1,806
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By Roxanne | Published:
January 14, 2008
The number of homes sold within Gloucester County did decline in 2007, however the county overall experienced an increase in median sales price. The number of listings increased compared to 2006, and the number of days on the market for sold properties increased as well.
2007 Gloucester County Housing Market Activity as per Trend MLS:
Number of Properties Sold: 3,206
Median Sold Price: $224,000
Median Days on Market: 57
Average Sold Price received from Original Listing Price: 94.28%
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By Roxanne | Published:
January 12, 2008
Camden County experienced a slow down in housing sales in 2007 compared to the 2006 year end results. The median sales price slightly increased for the county overall but the increase was minimal. A significant increase in the median sales price was seen within the condo market. The number of listings and the number of days on the market for sold properties also increased.
2007 Camden County Real Estate Market Activity as per Trend MLS:
Number of Properties Sold: 5,917
Median Sold Price: $195,00
Median Days on Market: 52
Average Sold Price received from Original Listing Price: 94.38%
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By Roxanne | Published:
January 10, 2008
The nation wide real estate market slow down did have an impact on Burlington County along with most other counties we service in South Jersey. In 2007, Burlington County experienced a decline in number of residential properties sold, an increase in days on market, and a decline in median sales price compared to 2006.
2007 Real Estate Market Activity as per TrendMLS:
Number of Properties Sold: 5,427
Median Sold Price: $240,000
Median Days on Market: 59
Average Sold Price received from Original Listing Price: 94.37%
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By Roxanne | Published:
December 7, 2007
Lance Miller, director of policy and planning for the New Jersey Board of Public Utilities, outlined the board’s plan to reduce energy consumption in the state by 20 percent by 2020. This will theoretically be achieved by legislating better building and appliance standards, relying less on coal-based power imported from nearby states, and using more renewable energy sources, such as wind power.
John Crandall, senior vice president of development with the Mack-Cali Realty Corp., offered another assessment. He presented sobering statistics on just how un-green New Jersey’s commercial real estate landscape really is.
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By Roxanne | Published:
December 3, 2007
Article Covers: Builders honored in Southern NJ, NJ Forclosure Rates, and NJ Income vs Housing Costs
Southern NJ Builders Honored: Two South Jersey based homebuilders were honored by new buyers for their commitment to quality products and exceptional customer service. Bruce Paparone, Inc. of Stratford and D’Anastasio Corporation of Pennsauken garnered the Commitment to Excellence awards from the Builders League of South Jersey at the association’s annual Major Achievements in Marketing Excellence Awards gala, recently.
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By Roxanne | Published:
November 19, 2007
Residential real estate sales in Gloucester County averages to 255 homes sold per month over the last 12 full months. As of this morning there are currently 2,356 properties on the market giving Gloucester County a 9 month inventory. So far this month there has been 259 new listings coming on the market, 76 properties pended, and 103 homes sold with an average of 81 days on the market.
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By Roxanne | Published:
November 4, 2007
The Lumberton news and upcoming events this month includes the leaf collection schedule, scheduled township events, the 2008 bulk trash and recycling dates.
Upcoming Events
America Recycles Day
Sunday November 11th, Open House 10am -3pm at the Robert C. Shinn, Jr. Recycling Center 130 Hancock Lane Westampton .This event will include; computer recycling, confidential file shredding, swap tables, and tours of the recycling plant. This is Free to the public, rain or shine. For more information call 609-499-1001
Senior Holiday Party
This event will be held on Sunday December 2nd from 1pm-4pm at the Lumberton Middle School Cafeteria. There will be entertainment, door prizes, food and fun for all. Call the Lumberton Recreation Department at 609-267-3217 ext. 104 to reserve your spot. Volunteers are needed for this event.
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