Cherry Hill, NJ Point Of Woods 2009 Annual Sales Report by Leander McClain, Realtor

Real Estate Agent

Point of woods cherry hill nj by leander mcclain realtor Point of Woods Homes Sales 2009

(It's All About MONEY!)

Well we have come to end of 2009.  It's time to look at the home sales for 2009.  The table below shows the homes sales began to pick up during the second half of the year.  The first home sold at the end of July.  However, since that time,  8 additional homes have sold. 

The average Point of Wood home sold for 96% of asking price (without any seller assistance) and took an average of 3.7 months to sell. 

What does this all mean?  Homes that are priced right are selling quickly. 

Does this mean that every house that is listed for sale will sell quickly?


There is a Point of Woods home listed for sale that has been on the market for 860 days.  Let me break that down for you (860 days =2.4 years).  You might be thinking that the house is in a bad location or in terrible condition....neither of those things is true.  This particular home is overpriced for today's market.  It's a beautiful home and the owners have done wonderful upgrades.  It's in a great locations and in a great neighborhood. 

As a real estate consultant, I pride myself on getting your home sold as quickly as possible for the most money.  Let's cut to the chase.


As a home seller, you want to walk away from closing table with as much money as you can.  The buyer wants to bring as little money as they can to the closing table. 

 As not only a Realtor, but a Real Estate Consultant, I will show you how you can end up with the largest check in your pocket.  It's not magic.  There are no smoke and mirrors.  Selling or buying a home is a matter of simple economics & PLCA (Price, Location, Condition and Access).  I will show you how you can sell your home in less than 3.7 months when your neighbors home (which is similar) has not been able to sell in the past 6 months. 

Let's Go Get Your Money!

Call Me Today (856-685-1677) for a NO COST, NO OBLIGATION, LOW PRESSURE Listing Presentation


Address Bedrooms Bathrooms Asking Price Sold Price % of Asking Price Seller Assistance Date Sold How Long To Sell (months)
35 Forest Hill Dr, Cherry Hill, NJ 3 2.5 $275,000 $260,000 95%   11/20/2009 4.2
41 Strathmore Dr, Cherry Hill, NJ 4 2.5 $259,900 $259,900 100%   12/30/2008 1.7
16 Tracey Ter, Cherry Hill, NJ 4 2.5 $289,900 $285,000 98%  $5,700 8/24/2009 0.3
101 Morningside Dr, Cherry Hill, NJ 4 2.5 $219,900 $233,000 106%   9/18/2009 1.2
33 Strathmore Dr, Cherry Hill, NJ 4 2.5 $279,000 $255,000 91%  $2,000 10/9/2009 3.1
36 N Green Acre Dr, Cherry Hill, NJ 4 2.5 $325,000 $300,000 92%   11/12/2009 1.3
1909 Birchwood Park Dr N, Cherry Hill, NJ 4 2.5 $209,900 $200,000 95%   11/13/2009 6.9
12 Westbury Dr, Cherry Hill, NJ 5 2.5 $379,000 $346,000 91%  $6,000 7/31/2009 1.2
3 Darien Dr, Cherry Hill, NJ 5 3 $395,900 $375,000 95%   11/6/2009 12.9
Average       $279,322 96%     3.7

Have a Great Day

Make This YOUR Best Year Ever

Leander McClain, Burlington /Camden County, NJ Realtor & Real Estate Consultant, Keller Williams Realty, 1814 Route 70 E Cherry Hill, NJ 08003 856-685-1677 Direct

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Stephen Kappre
KW Hometown - Mantua, NJ
Helping You Home

No, you don't think that home is overpriced do you? I will never understand how some sellers (and Realtors) stay in that scenario for so long. I guess maybe they are both deaf to the market?

Dec 29, 2009 04:00 AM #1
Leander McClain
North East, MD
Cecil & Harford County Realtor


You are right.  I don't understand the Realtors that take a listing that is obviously over priced.  I wont take an overpriced listing.  In the end, the house will not sell and your clients will be pissed at you for not selling the house.  They will be pissed because the offers that come in are closer to  the correct market value.  They will be pissed if they have to sell their house for less than THEY think it's worth.  And finally, they will bad mouth you to everyone who will listen.  No thanks!

Have a great day


Dec 29, 2009 04:56 AM #2
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