The Gloucester Township housing market in New Jersey experienced an interesting week from May 22 to May 28, 2023. Despite a decrease in the sold dollar volume compared to the previous year, the market has shown signs of strength and resilience. This report will delve into the statistics and trends that shaped the housing market during this period, highlighting key insights and developments.
Decrease in Sold Dollar Volume: The sold dollar volume for the specified dates amounted to $4,348,050, a notable decrease from the previous year's figure of $8,260,500. This decline can be attributed to the lack of inventory available in the market. With fewer homes for sale, buyers faced limited options, leading to a decrease in overall sales activity.... read more by clicking this link:
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