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| APRIL 2025 | |||
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| Units Sold 269 |
Active Inventory 454 |
Median Sale Price $342,000 |
Days On Market 32 |
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| Down -3% Vs. Year Ago |
Down -11% Vs. Year Ago |
Up 2% Vs. Year Ago |
Up 7% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in April, with 269 sold this month in Gloucester County Real Estate versus 273 last month, a decrease of 1%. This month's total units sold was lower than at this time last year, a decrease of 3% versus April 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 57 units or 11%. The total number of active inventory this April was 454 compared to 511 in April 2024. This month's total of 454 is lower than the previous month's total supply of available inventory of 493, a decrease of 8%. |
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Median Sale Price
Last April, the median sale price for Gloucester County Homes was $335,000. This April, the median sale price was $342,000, an increase of 2% or $7,000 compared to last year. The current median sold price is 2% 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. |
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| New Listings 346 |
Current Contracts 331 |
Sold Vs. List Price 100.8% |
Months of Supply 1.7 |
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| Down -15% Vs. Year Ago |
Up 5% Vs. Year Ago |
Down -0.8% Vs. Year Ago |
Down -8% Vs. Year Ago |
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Months of Supply
In April, there was 1.7 months of supply available in Gloucester County, compared to 1.8 in April 2024. That is a decrease of 9% 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. |
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New Listings & Current Contracts
This month there were 346 homes newly listed for sale in Gloucester County compared to 409 in April 2024, a decrease of 15%. There were 331 current contracts pending sale this April compared to 315 a year ago. The number of current contracts is 5% higher than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Gloucester County was 100.8% of the average list price, which is 0.8% lower than at this time last year. Days on Market
This month, the average number of days on market was 32, higher than the average last year, which was 30, an increase of 7%. | |||
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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. |
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