Voorhees NJ April 2011 Market Update Comparisson to April 2010

By
Real Estate Agent with Dave Sulvetta, ReMax Connection, Gloucester County Realtor 0683062

This is the April 2010 comparison to April 2011 local market report for Voorhees NJ 08043. This report shows a decline in market conditions but also shows the sold average price going up. Please see below.

Voorhees NJ Home For Sale

April 2010 homes listed - 69 compared to April 2011 64. The listed volume went down from April 2010 - $24,397,003 to $21,910,010 in April 2011. 


The average list price in Voorhees NJ for April 2010 was $353,579. compared to April 2011 $335,734. A drop of -$17,845. Pended units fell from 35 in April 2010 to 15 in April 2011 as did sold units 27 in April 2010 to 12 in April 2011.


The great news is the SOLD average for Voorhees NJ went up, way up! April 2010 the average home sold for $275,051. While in April 2011 the average sold price JUMPED up to $296,700. An increase of $21,649.00 Days on Market or "DOM" increased 55 days compared to April 2010.


Pricing your home properly from the very begining is a KEY factor in getting the most money for your home, there is no doubt. Another fact that all home sellers should know is the longer your home sits on the market, the less you will get for it. This is a proven fact.


When choosing an agent, take a good look at their marketing plan and talk to their references.


If you live in Voorhees NJ and would like "hyper local" data about your development, please email me and i will create a report for you.

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Dave Sulvetta

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