Gloucester County Real Estate Market Update - March in Review

By
Real Estate Agent with Remax Connection
Currently the 30 year fixed rates are averaging between 5.85% and 6%.  With a high level of real estate inventory currently available there are some great opportunities out there for Gloucester County buyers.  Below is a quick recap of March’s activity.  Stay tuned for the 1st quarter Gloucester County recap coming soon! 

If you would like to discuss how your property may fit into the current Gloucester County real estate market, give me a call, I’d love to discuss it with you and provide a full market report and complimentary market analysis of your property. With interest rates falling again it is prime time for first time home buyers and individuals wishing to buy second homes or investment properties.

Gloucester

County Property Type

Units Listed

Pending Listings

Sold Listings

Average Days on Market

Average List Price

Average Sold Price

Residential

621

232

204

88

$243,005

$225,437

Lots/Land/Farm

37

1

2

94

$239,400

$245,000

Multifamily

12

3

6

55

$178,500

$163,108

Commercial

41

5

4

262

$255,400

$222,900

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