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FOCUS ON: CAMDEN COUNTY HOUSING MARKET |
MAY 2025 |
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Units Sold
476 |
Active Inventory
779 |
Median Sale Price
$360,000 |
Days On Market
28 |
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Down -2%
Vs. Year Ago |
Up 3%
Vs. Year Ago |
Up 9%
Vs. Year Ago |
Up 22%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 476 sold this month in Camden County Real Estate versus 416 last month, an increase of 14%. This month's total units sold was lower than at this time last year, a decrease of 2% versus May 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 20 units or 3%. The total number of active inventory this May was 779 compared to 759 in May 2024. This month's total of 779 is lower than the previous month's total supply of available inventory of 826, a decrease of 6%.
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Median Sale Price
Last May, the median sale price for Camden County Homes was $330,000. This May, the median sale price was $360,000, an increase of 9% or $30,000 compared to last year. The current median sold price is 4% lower than in April.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
587 |
Current Contracts
537 |
Sold Vs. List Price
102.2% |
Months of Supply
1.6 |
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Down -10%
Vs. Year Ago |
Up 3%
Vs. Year Ago |
Down -1.6%
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In May, there was 1.6 months of supply available in Camden County. The amount of supply is similar compared to 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.
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New Listings & Current Contracts
This month there were 587 homes newly listed for sale in Camden County compared to 649 in May 2024, a decrease of 10%. There were 537 current contracts pending sale this May compared to 523 a year ago. The number of current contracts is 3% higher than last May.
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Sale Price to List Price Ratio
In May, the average sale price in Camden County was 102.2% of the average list price, which is 1.7% lower than at this time last year.
Days on Market
This month, the average number of days on market was 28, higher than the average last year, which was 23, an increase of 22%.
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*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. |