Here is your September Camden County Real Estate market update.  For September, listed units were down 60 units compared to September 2007, or a 6% decrease.  Pended units for September were down 85, or a 27% decrease. Sold units were down 40, or a 10% decrease.  This has led to a current inventory of 4489 units.  Camden County has been averaging 355 units sold per month which means there is currently 12 months worth of inventory in Camden County.  Year to date listed units are down 12%, pended units are down 34% and sold units are down 37%.

Over the last 3 years the average number of units pended and sold in September was approximately 509 & 568 respectively.  This September, there were 321 units pended and 396 sold.  The average Days on Market for the year is 81. 

What does all this mean?  It means that Camden County 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 9/2007-9/2008 numbers for listed, pended and sold units. 

Below is a chart that shows the average list price and average sold price for Camden County from 9/2007-9/2008.  The average sold price is down 2.1% from September 2007 ($213,513to September 2008 ($209,132).

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.

*Market statistics as of 10/15/2008.