Camden County Year-to-Month Residential Sales Statistics - Through August 2008

By
Real Estate Agent with RE/MAX Preferred

When looking at the year-to-month actual statistics (using the most recently completed month of August vs. July, June, May, April, March and January) for Camden County, the results for residential homes on the market, sold, average price and days for sale before close is charted as follows:

Yr Ending

Units Listed

Units Sold

% Sold

Sold Avg.

Avg.
 Dom

08/2008 12197 4648 38.1 $212,517 77
07/2008 12406 4849 39.1 $214,633 76
06/2008 12485 4922 39.4 $215,048 75
05/2008  12724  5101 40.1  $214,872 74 
04/2008 12979 5264 40.5 $216,593 73
03/2008 13033 5393 41.3 $217,185 72
01/2008 13266 5783 44.0 $217,372 81

See previous article for prior year 01/200X year-to-date comparison.

This shows that while the trend is now slightly downward, it appears that it is attempting to level and hopefully will soon begin to reverse direction.

The current inventory is 4494, with an average monthly Sold of 357, yielding a backlog of 12 months to sell off the inventory at current rates of sale.

 

Copyright 2008 by Lawrence Yerkes. All Rights Reserved.

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