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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