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Tewksbury NJ Real Estate - Market Update APRIL 2014
 
Tewksbury NJ Real Estate - Market Update APRIL 2014
by Bob Zorechak - GRI, ABR, e-PRO
 
The numbers for Tewksbury are a bit of a mixed bag for APRIL 2014: The rolling 12 month sales volume is up sharply by 20% or 14 units - April 2012 thru April 2013 (71 homes sold) as compared to April 2013 thru April 2014 with (85 homes sold). The April year-to-date numbers are down by 19% or 3 units when you compare the current period (16 homes sold) to last year's year-to-date total (19 homes sold). The monthly volume for the number of sales occurring this April (5) as compared  to last April (3) is up sharply by 66% or 2 units. The Tewksbury market continues to steadily improve especially when you look at this year's rolling 12 month sales volume being in double digit positive territory for the fourth straight month in a row. Things may be slowing down a bit as, the volume of Pending Sales (Under Contract) as of the last day of April 2014 is running 50% below 0r five (5) units less than last year's pace which was ten (10) units. Read below to find out ... more

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