Gloucester County Real Estate Update

By
Real Estate Agent with Remax Connection

Well the end of the 1st quarter is right around the corner, which generally means the Gloucester County real estate spring market should be in full force.  It has been showing signs of increased activity lately and I therefore thought it may be helpful for you to see a quick recap of the January and February real estate activity for Gloucester County.  How will March close out?  Come back and find out, Ill be posting the March numbers at the very beginning of April and sharing with a comparison to 2007. 

 

February 2008 In Review

Gloucester County Property Type

Units     Listed

Pending   Listings

Sold        Listings

Average Days on Market

Average List Price

Average Sold Price

Residential

597

209

155

111

$259,119

$241,037

Lots/Land/Farm

38

4

5

102

$287,940

$256,700

Multifamily

14

7

8

75

$243,825

$227,687

Commercial

29

7

10

140

$309,120

$274,130

 

January 2008 In Review

Gloucester County Property Type

Units     Listed

Pending   Listings

Sold        Listings

Average Days on Market

Average List Price

Average Sold Price

Residential

655

148

146

89

$239,404

$221,655

Lots/Land/Farm

73

5

4

41

$457,225

$281,000

Multifamily

17

5

4

90

$187,175

$169,750

Commercial

55

5

7

275

$442,814

$407,776

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