Preferred Appraisers, Inc.
Frederick R. Giebel, Jr. NJ Certified General Real Estate Appraiser (42RG00094600)
Market: Winslow Twp. Wilton's Corner Date: 03/2010
An analysis of sales data from year to corresponding year indicates a change in:
Sales Volume from 63 units to 43 units,
Median Sales Price From $241,700 to $236,150,
Exposure Time: Median Days On Market from 77 to 70 (Diluted by re-listing)
Current Inventory Accumulation is 17 Months.
This market is heavily influenced by "Short Sales" and foreclosures. The market is still in a state of oversupply but the trend in values is toward stabilization. New constructions is ongoing. Submarkets within this area may have different results.