Gloucester Twp Valleybrook | Market Stats April 2022

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

Valleybrook Blackwood NJ | Valleybrook Golf | Valleybrook Homes For Sale

April 2022 showed the market for Valleybrook is still strong! We are still seeing well over normally sold prices in the entire development and only 13 days on market until pending. 

However, I do see a slowdown of some type coming. I also believe home prices may drop, how much, I can't tell, but with interest rates climbing into the 5% range and the feds raising the rates again, we can expect some sort of shift in prices. 

Across the board for the country, mortgage applications dropped nearly 40% from April of 2021. 

While I wouldn't panic yet, If you are considering listing your Valleybrook home, i'd consider doing it pretty soon to maximize your return. These are just my opinions

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Comments (3)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Dave  and thank you for the great information to share with us here in the Rain.  Make it a great day!

May 04, 2022 10:55 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Gloucester TWP home buyers and sellers are sure to value your real estate market report, Dave.

May 06, 2022 01:43 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC

Thanks for sharing your market update with us. Buyers & sellers in your area would benefit from your services. Have a great day!

May 08, 2022 01:43 PM