EGG HARBOR TOWNSHIP HOUSING MARKET DATA

With relatively few transactions, there was a decrease in total units sold in April, with 33 sold this month in Egg Harbor Township Real Estate. This month's total units sold was higher than at this time last year, an increase from April 2024.

Versus last year, the total number of homes available this month is higher by 34 units or 15%. The total number of active inventory this April was 254 compared to 220 in April 2024. This month's total of 254 is higher than the previous month's total supply of available inventory of 246, an increase of 3%.

Last April, the median sale price for Egg Harbor Township Homes was $420,000. This April, the median sale price was $340,000, a decrease of 19% or $80,000 compared to last year. The current median sold price is 12% lower than in March.

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

In April, there was 7.7 months of supply available in Egg Harbor Township, compared to 10.5 in April 2024. That is a decrease of 27% 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 64 homes newly listed for sale in Egg Harbor Township compared to 54 in April 2024, an increase of 19%. There were 47 current contracts pending sale this April compared to 36 a year ago. The number of current contracts is 31% higher than last April.

In April, the average sale price in Egg Harbor Township was 98.7% of the average list price, which is 0.9% lower than at this time last year.

This month, the average number of days on market was 33, higher than the average last year, which was 21. This increase was impacted by the limited number of sales.





FOCUS ON: EGG HARBOR TOWNSHIP HOUSING MARKET			APRIL 2025

Zip Code(s): 08234
Units Sold 33	Active Inventory 254	Median Sale Price $340,000	Days On Market 33

Up Vs. Year Ago	Up 15% Vs. Year Ago	Down -19% Vs. Year Ago	Up Vs. Year Ago


		Units Sold With relatively few transactions, there was a decrease in total units sold in April, with 33 sold this month in Egg Harbor Township Real Estate. This month's total units sold was higher than at this time last year, an increase from April 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 34 units or 15%. The total number of active inventory this April was 254 compared to 220 in April 2024. This month's total of 254 is higher than the previous month's total supply of available inventory of 246, an increase of 3%.
		Median Sale Price Last April, the median sale price for Egg Harbor Township Homes was $420,000. This April, the median sale price was $340,000, a decrease of 19% or $80,000 compared to last year. The current median sold price is 12% lower than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 64	Current Contracts 47	Sold Vs. List Price 98.7%	Months of Supply 7.7

Up 19% Vs. Year Ago	Up 31% Vs. Year Ago	Down -0.9% Vs. Year Ago	Down -27% Vs. Year Ago


		Months of Supply In April, there was 7.7 months of supply available in Egg Harbor Township, compared to 10.5 in April 2024. That is a decrease of 27% 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 64 homes newly listed for sale in Egg Harbor Township compared to 54 in April 2024, an increase of 19%. There were 47 current contracts pending sale this April compared to 36 a year ago. The number of current contracts is 31% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Egg Harbor Township was 98.7% of the average list price, which is 0.9% lower than at this time last year. Days on Market This month, the average number of days on market was 33, higher than the average last year, which was 21. This increase was impacted by the limited number of sales.


	Egg Harbor Township are defined as properties listed in zip code/s 08234.
	*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 SJSMLS 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 SJSMLS or Long & Foster Real Estate, Inc.