The Mount Laurel Real Estate market continues to do well compared to Burlington County as a whole. While Pended units through September are down by 86 units and Sold units are down by 66 versus the same period in 2006; listed units are also down by 118 units in the same period. This has led to a current inventory of 480 units. Mount Laurel has been averaging 63 units sold per month which means there is currently 7 months worth of inventory in Mount Laurel. This compares favorably to Burlington County which has a 10 month inventory. Year to date through September, Mount Laurel has an average sale price of $286,213 which is 4.2% higher then the sold average in 2006. What does all this mean? It means that Mount Laurel is a healthy and relatively balanced Real Estate Market. The chart below provides you with the September year to date numbers for listed, pended and sold units.
If you are thinking of selling or buying in the near future, please don't hesitate to contact me directly at 856-222-5829. Or you may always visit me on line for tons of useful tips and ideas at no cost or obligation to you. I look forward to helping you reach your goals.
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