Real Estate Blog - Camden County Year-to-Month Residential Sales Statistics

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Camden County Year-to-Month Residential Sales Statistics - Through August 2008

When looking at the year-to-month actual statistics (using the most recently completed month of August vs. July, June, May, April, March and January) for Camden County, the results for residential homes on the market, sold, average price and days for sale before close is charted as follows:

Yr Ending	Units Listed	Units Sold	% Sold	Sold Avg.	Avg. Dom
08/2008	12197	4648	38.1	$212,517	77
07/2008	12406	4849	39.1	$214,633	76
06/2008	12485	4922	39.4	$215,048	75
05/2008	12724	5101	40.1	$214,872	74
04/2008	12979	5264	40.5	$216,593	73
03/2008	13033	5393	41.3	$217,185	72
01/2008	13266	5783	44.0	$217,372	81

See previous article for prior year 01/200X year-to-date comparison.

This shows that while the trend is now slightly downward, it appears that it is attempting to level and hopefully will soon begin to reverse direction.

The current inventory is 4494, with an average monthly Sold of 357, yielding a backlog of 12 months to sell off the inventory at current rates of sale.

Posted by Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services on 09/05/2008 01:16 AM

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market trends, new jersey, nj, camden county

Originally posted at: Southern New Jersey Overlook: Camden County Year-to-Month Residential Sales Statistics - Through August 2008

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