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Pennsauken: Delaware Gardens, Single Family Residential, March 2010

By
Real Estate Appraiser with Preferred Appraisers, Inc. (NJ) 42RG00094600

Pennsauken: Delaware Gardens, Single Family Residential, March 2010

 An analysis of sales data from year to year indicates a change in:  Sales Volume from 94 units to 68 units, Median Sales Price From $152,000 to $149,900, Median Days On Market from 62 to 51 (Diluted by re-listing) Current Inventory Accumulation is 13 Months. Submarkets within this area may have different results.

Values appear to have stabilized but the market is still in severe oversupply and foreclosure activity is significant.