Below are the figures per the Gloucester County Multiple Listings Service for the total number of homes sold, the average sales price and the average days on the market for those homes that sold. If you are considering selling or have attempted, unsucessfully, to sell your Gloucester County, New Jersey home, this information (as well as much more that I can easily provide you) should be carefully considered PRIOR to setting a sales price.
Date # of Homes Average Average
Sold Sales Price DOM*
2008
December 179 $236,909 104
November 158 $239,955 91
October 175 $233,785 113
September 218 $236,866 85
August 233 $241,816 84
July 233 $242,155 98
June 252 $234,918 76
May 223 $238,246 85
April 251 $236,887 98
March 215 $228,009 91
February 154 $239,518 111
January 151 $222,597 87
2007
December 149 $233,074 79
November 254 $241,852 74
October 240 $246,871 81
September 240 $238,002 69
August 355 $260,029 71
July 297 $248,821 75
June 382 $252,893 70
May 287 $251,475 79
April 273 $249,715 72
March 270 $239,257 84
February 243 $236,908 76
January 213 $240,243 81
*DOM = Days on the Market
(Information above includes sales that were concluded through the Multiple Listing Service in Gloucester County. It does not necessarily include new construction or private sales. Information is not guaranteed and is subject to errors and ommissions.)
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That is interesting - the DOM doesn't seem like the doom and gloom that we are used to hearing from the media huh? 2-4 months to sell isn't crazy at all. Sound normal to me ...