Barclay , Kingston, and Cherry Hill Housing Market Data

There was a decrease in total units sold in September, with 59 sold this month in Barclay , Kingston, and Cherry Hill Real Estate versus 83 last month, a decrease of 29%. This month's total units sold was lower than at this time last year, a decrease of 34% versus September 2020.

Versus last year, the total number of homes available this month is lower by 12 units or 13%. The total number of active inventory this September was 77 compared to 89 in September 2020. This month's total of 77 is lower than the previous month's total supply of available inventory of 89, a decrease of 13%.

Last September, the median sale price for Barclay , Kingston, and Cherry Hill Homes was $290,000. This September, the median sale price was $330,000, an increase of 14% or $40,000 compared to last year. The current median sold price is 3% lower than in August.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In September, there was 1.3 months of supply available in Barclay , Kingston, and Cherry Hill, compared to 1.0 in September 2020. That is an increase of 32% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 77 homes newly listed for sale in Barclay , Kingston, and Cherry Hill compared to 74 in September 2020, an increase of 4%. There were 79 current contracts pending sale this September compared to 67 a year ago. The number of current contracts is 18% higher than last September.

In September, the average sale price in Barclay , Kingston, and Cherry Hill was 101.9% of the average list price, which is 1.4% higher than at this time last year.

This month, the average number of days on market was 22, lower than the average last year, which was 27, a decrease of 19%.





Focus On: Barclay , Kingston, and Cherry Hill Housing Market			September 2021

Zip Code(s): 08034 and 08002
Units Sold 59	Active Inventory 77	Median Sale Price $330,000	Days On Market 22

Down -34% Vs. Year Ago	Down -13% Vs. Year Ago	Up 14% Vs. Year Ago	Down -19% Vs. Year Ago


		Units Sold There was a decrease in total units sold in September, with 59 sold this month in Barclay , Kingston, and Cherry Hill Real Estate versus 83 last month, a decrease of 29%. This month's total units sold was lower than at this time last year, a decrease of 34% versus September 2020.
Active Inventory Versus last year, the total number of homes available this month is lower by 12 units or 13%. The total number of active inventory this September was 77 compared to 89 in September 2020. This month's total of 77 is lower than the previous month's total supply of available inventory of 89, a decrease of 13%.
		Median Sale Price Last September, the median sale price for Barclay , Kingston, and Cherry Hill Homes was $290,000. This September, the median sale price was $330,000, an increase of 14% or $40,000 compared to last year. The current median sold price is 3% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 77	Current Contracts 79	Sold Vs. List Price 101.9%	Months of Supply 1.3

Up 4% Vs. Year Ago	Up 18% Vs. Year Ago	Up 1.4% Vs. Year Ago	Up 32% Vs. Year Ago


		Months of Supply In September, there was 1.3 months of supply available in Barclay , Kingston, and Cherry Hill, compared to 1.0 in September 2020. That is an increase of 32% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 77 homes newly listed for sale in Barclay , Kingston, and Cherry Hill compared to 74 in September 2020, an increase of 4%. There were 79 current contracts pending sale this September compared to 67 a year ago. The number of current contracts is 18% higher than last September.
		Sale Price to List Price Ratio In September, the average sale price in Barclay , Kingston, and Cherry Hill was 101.9% of the average list price, which is 1.4% higher than at this time last year. Days on Market This month, the average number of days on market was 22, lower than the average last year, which was 27, a decrease of 19%.


	Barclay , Kingston, and Cherry Hill are defined as properties listed in zip code/s 08034 and 08002.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.