🏡 Valleybrook, Gloucester Twp NJ Real Estate Market Comparison: 2023 vs. 2024 🏡
🔥 Highest Sale Comparison (The Links)
- 2023: $370,000
-
2024: $410,000 🚀
YoY Increase: +$40,000 (+10.81%)
💡 Why it matters: The Links continues to lead Valleybrook in attracting premium prices, showing significant growth and demand in the section.
⏳ Average Days on Market
- 2023: 18 days
-
2024: 30 days (+66.7%)
Despite the increase in total days on the market, specific sections showed varied performance:
| Section | 2023 (Days) | 2024 (Days) | Change |
|---|---|---|---|
| The Links | 20 | 19 | ⬇️ Faster |
| St. Andrews | 34 | 28.5 | ⬇️ Faster |
| Players Place | 12 | 47 | ⬆️ Slower |
| Links II | 23 | 15 | ⬇️ Faster |
| Glen Eagles | 23 | 12 | ⬇️ Faster |
🏆 Quick Takeaway: While Players Place experienced longer market times, Glen Eagles and Links II saw remarkable improvements in speed!
📈 Sales Activity Breakdown
- 2023: 31 homes sold
-
2024: 41 homes sold (+32%) 🔼
Biggest Movers:- The Links: 7 (2023) → 13 (2024)
- Players Place: 15 (2023) → 16 (2024)
💰 Purchase Methods
| Year | Cash Buyers | FHA Loans | Conventional | VA Loans |
|---|---|---|---|---|
| 2023 | 7 | 5 | 18 | 1 |
| 2024 | 8 | 8 | 21 | 0 |
🔍 Insight: Conventional financing dominated both years, while FHA loans saw a notable increase in 2024.
💵 Average Sale Prices & % Above/Below Asking
| Section | 2024 Avg. Price | % Above/Below Asking |
|---|---|---|
| The Links | $355,000 | +0.16% |
| Players Place | $248,028 | +4.97% |
| St. Andrews | $328,054 | +1.33% |
| Glen Eagles | $315,000 | +3.87% |
| Links II | $331,250 | -3.21% |
🏠 End Units vs. Interior Units (The Links)
- End Units: $361,167
- Interior Units: $317,074
💡 Positive Trend: Only one bank-owned home was listed in 2024, a great indicator of a healthy market!
💰 Total Sales Volume
- 2023: $9,923,000
-
2024: $11,425,475 (+15.14%) 🔥
📊 Top Contribution: My personal sales in 2024 totaled $1,927,000, representing the largest individual portion of Valleybrook’s market! - For A MORE DETAILED VALLEYBROOK REPORT GO HERE
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