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Maple Shade Real Estate Market Update YTD 9/2007

By
Real Estate Agent with Prudential Fox & Roach

The Maple Shade Real Estate market is doing better than Burlington County as a whole.  Pended units through September are down by 34 units and Sold units are down by 26 versus the same period in 2006; listed units are up by 18 units in the same period.  This has led to a current inventory of 131 units.  Maple Shade has been averaging 16 units sold per month which means there is currently 8 months worth of inventory in Maple Shade.  This is better than Burlington County which has a 10 month inventory.  Through September Maple Shade has an average sale price of $201,385 which is 1.23% lower then the sold average in 2006.  The average Days on Market (DOM) for the year is 67, which compares favorably to Burlington County, where the DOM is at 79.  What does all this mean?  It means that Maple Shade is doing better than most towns in Burlington County, an eight month supply of inventory I would consider fairly balanced given the time of the year.  In other words, if you are thinking of buying or selling right now it's important that you seek the advice of a full time professional realtor who can best advise you as to how to take advantage of this market.  The chart below provides you with the September year to date numbers for listed, pended and sold units.
Maple Shade Real Estate Chart


If you are thinking of selling or buying in the near future, please don't hesitate to contact me directly at 856-222-5829. Or you may always visit me on line for tons of useful tips and ideas at no cost or obligation to you. I look forward to helping you reach your Real Estate goals.