135 Castleton Rd
Delran, NJ 08075

Offered at $299,900

3 Bedroom / 2.5 Bathrooms

Great Location!! This three bedroom 2 1/2 Bath with full basement townhome has a one car garage, backs to open space and trees. A few features include recessed lighting, 2-story entry foyer with hardwood floors,crown molding, 9-foot ceiling and neutral walls and carpet.The dining room opens to the kitchen and breakfast area overlooking the backyard through glass sliders,which leads to a patio. The second floor has all three bedrooms, laundry room and a tech center. Master suite includes two walk-in closets and a large master bathroom which has a stall shower and garden tub. The full basement floor has been painted and has plenty of room for storage.  

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Team Thornton 
  Contact Me by E-mail
 (856) 607-5089

2406 Gramercy Way
Mt. Laurel, NJ 08054

Offered at $249,900

3 Bedrooms / 2.5 Baths

One of the Largest models (Oakmont Grand)is a stunning 3 Bedroom, 2.5 bath Townhome in Essex Place. This home offers plenty of upgrades including a huge eat-in kitchen w/upgraded cabinets and new Granite Transformation counter tops and back splash and new lighting. The kitchen also has a center island, pantry and all new appliances including Maytag 3-Door Refrigerator,five burner gas double oven and dishwasher. Family room has gas fireplace, new carpet,fan and upgraded light fixtures. All three bedrooms have new fans and have been painted. Master bedroom offers walk-in closet and private bath w/garden tub. The 10x20 attic has been floored and new staires and lighting installed for plenty of storage. Great location to the shops and the major highways.

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Team Thornton 
  Contact Me by E-mail
 (856) 607-5089

Burlington County Real Estate Year End Market Report

2008 has finally come to end and for many it was a bumpy ride.  With the volatility in the stock market and changing mortgage landscape, many home buyers and sellers struggled to keep up with the housing market.  Despite what you hear in the media on a national level, locally we have maintained a relatively stable market.

Here are some 2008 market statistics for Burlington County so you can see for yourself:

The median price in Burlington County for the month of December is flat when compared to 2007.  You see seasonal adjustments but for the most part, the median price has hovered in the $230k ballpark.  Yes, these numbers are down compared to the past few years, but many would be glad to see that we've stabilized.  

I believe the same can be said for the amount of homes that have sold.  As you can see from the trend line, home sales have remained flat once you take into account seasonal changes.  I see this as a welcome sign as many areas around the nation are still seeing downward declines.  

Some other stats to consider:
Average Days on Market has remained stable at just over 3 months.  What this means is that for homes that are priced correctly, they sell in about 3 months.  
The amount of homes that are for sale at year end dropped to just over 4,400.  This may seem like a lot, but consider that during the summer, this number was up over 5,400.  So supply has dropped down which points to another positive sign going forward.  

All in all, based on 2008 performance in Burlington County, we can only hope that the toughest times are behind us.  One would hope that we continue to see stable performance with an upswing as time moves on.  If you have questions about buying or selling in today's market, don't hesitate to contact us.  We'd be happy to discuss your situation and how to achieve your goals in our current climate.      

Data deemed reliable but not guaranteed.  Information from Prudential Fox & Roach AgentMetrics from 1/13/09

 Congratualtions to our Philadelphia Phillies!

  image credit: mike@bensalem

Let the party begin!  Philly phans were partying hard last night up and down Broad St.

image credit: dollarbilliam

Read full coverage of the Phillies historic win at the Philadelphia Daily News

See more pictures of the Phillies on Flickr

Next up...it's parade time!

Burlington County Real Estate Market Update

Well, the 3rd quarter is in the books.  So how is the real estate market doing right now in Burlington County?  Below is a couple of charts that should summarize all the available data.

First is the median price over the past two years. 
Compared to 2006, prices have dropped about 10%.  Compared to 2007, prices are down about 6%.  

The next graph shows the amount of homes sold over the past two years.  As many are aware, we are way off from two years ago in 2006.  However, when you compare 2007 to 2008, sales are only down 5.5% for September which isn't too bad after the 21% drop from 2006 to 2007.  You have to believe that this is a good sign considering how bad you hear about the market nationally.  

So overall prices and home sales have continued to drop, but at a much slower rate then what we've seen in the past.  Also, compared to national news, Burlington County is fairing much better.  This continues to be a buyers market as interest rates continue to stay at low levels.   

Data deemed reliable but not gauranteed.  Information from Prudential Fox & Roach AgentMetrics from 10/13/08

In Remembrance on Sept 11

This is the war memorial located in front of the Delran Municipal Center.  The plaque on the left names local residents from World War II and the Korean Conflict.  The one on the right are names from the first World War.

This photo is in my Delran NJ photo set on Flickr. All rights reserved

Images from Delran Labor Day Parade

Image Credit: PhastPhotos

Yesterday was truly a unique experience for Delran.  For the first time in recent memory, Delran hosted a Labor Day parade which brought residents out in force. Parents, friends and neighbors lined the streets to cheer the marching bands, soccer teams and of course Carli Lloyd - US Olympic Gold Medal winner.

Here are a few photos from the parade.  To view the full pictures you can visit my Flickr photo set

Brandywine Glen is located off of Hartford Road in Moorestown and is full of distinctive homes.  Most were built in the mid '90s and no two are the same.  The homes here very beautiful and when I was driving by I stopped off and take a few pictures.  With large yards and private settings, this is a wonderful to place to call home.  In fact, Randall Cunningham lived here when he was the quarterback of the Philadelphia Eagles.  If you're ever in the area, I recommend taking a quick drive though! 

Visit my photo set on Flickr to view more pictures of Moorestown 

No, it doesn't look like much right now - but yes - this is our Delran Post Office.  During conversations with some residents the past couple of weeks, I was surprised to learn that many think the Post Office has closed down.  Believe it or not, the Post Office is very open and ready for business. 

What you see in the picture is the result of someone parking their car in the lobby many months ago.  That's right, in case you missed it, one lucky lady decided to see what would happen if she drives her car through a building. 

So yes - it looks boarded up, it's missing a sign and looks closed.  But the Delran Post Office is very much open!

The photo above is of the Moorestown Community House located on Main Street in Moorestown NJ.  It's history goes back to 1926.  While many buildings from that time have a more colonial feel, the Community House was a combination of English & Colonial styles to help mimimize the cost to upkeep a brick exterior.  If you visit the Community House website, you can read more about the history around the development of this building. 

Today, the House is home to many clubs and organizations with meeting rooms, offices, a gym and indoor swimming pool.  In fact, I took my swimming lessons at this pool when I was growing up! 

This photo is in my Moorestown, NJ photo set on Flickr.  All rights reserved