The Haddon Heights Real Estate market is outperforming the Camden County market in one area and lagging in others.  Pended units through October are down 30 and Sold units are down 28 versus the same period in 2006, listed units are up by 13 in the same period.  This has led to a current inventory of 79 units.  Haddon Heights has been averaging 7 units sold per month which means there is currently 11 months worth of inventory in Haddon Heights.  This lags behind the Camden County market, which has 10 months worth of inventory. An inventory accumulation rate of 11 months represents a market favoring the buyer.

Year to date through October, Haddon Heights has an average sale price of $310,480 which is 7.5% higher then the sold average in 2006.  Camden County is 1.9% higher during the same period.

What does all this mean?  It means that Haddon Heights is a market to watch closely.  In other words, if you are thinking of buying or selling right now it's important that you seek the advice of a full time professional realtor who can best advise you as to how to take advantage of this market. 

The chart below provides you with the October year to date numbers for listed, pended and sold units.  You'll notice that the number of units listed spiked from July to August and has been flat since.  Typically, the number of units listed should begin to steadily decline starting in June.

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 Real Estate goals.