GLOUCESTER COUNTY HOUSING MARKET DATA

There was a decrease in total units sold in June, with 300 sold this month in Gloucester County Real Estate versus 312 last month, a decrease of 4%. This month's total units sold was lower than at this time last year, a decrease of 10% versus June 2024.

Versus last year, the total number of homes available this month is lower by 9 units or 2%. The total number of active inventory this June was 543 compared to 552 in June 2024. This month's total of 543 is lower than the previous month's total supply of available inventory of 568, a decrease of 4%.

Last June, the median sale price for Gloucester County Homes was $367,000. This June, the median sale price was $378,000, an increase of 3% or $11,000 compared to last year. The current median sold price is 2% higher than in May.

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

In June, there was 1.8 months of supply available in Gloucester County, compared to 1.7 in June 2024. That is an increase 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.

This month there were 356 homes newly listed for sale in Gloucester County compared to 392 in June 2024, a decrease of 9%. There were 328 current contracts pending sale this June compared to 301 a year ago. The number of current contracts is 9% higher than last June.

In June, the average sale price in Gloucester County was 101.4% of the average list price, which is 0.8% lower than at this time last year.

This month, the average number of days on market was 28, higher than the average last year, which was 22, an increase of 27%.





FOCUS ON: GLOUCESTER COUNTY HOUSING MARKET			JUNE 2025

Units Sold 300	Active Inventory 543	Median Sale Price $378,000	Days On Market 28

Down -10% Vs. Year Ago	Down -2% Vs. Year Ago	Up 3% Vs. Year Ago	Up 27% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 300 sold this month in Gloucester County Real Estate versus 312 last month, a decrease of 4%. This month's total units sold was lower than at this time last year, a decrease of 10% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 9 units or 2%. The total number of active inventory this June was 543 compared to 552 in June 2024. This month's total of 543 is lower than the previous month's total supply of available inventory of 568, a decrease of 4%.
		Median Sale Price Last June, the median sale price for Gloucester County Homes was $367,000. This June, the median sale price was $378,000, an increase of 3% or $11,000 compared to last year. The current median sold price is 2% higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 356	Current Contracts 328	Sold Vs. List Price 101.4%	Months of Supply 1.8

Down -9% Vs. Year Ago	Up 9% Vs. Year Ago	Down -0.8% Vs. Year Ago	Up 9% Vs. Year Ago


		Months of Supply In June, there was 1.8 months of supply available in Gloucester County, compared to 1.7 in June 2024. That is an increase 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.
New Listings & Current Contracts This month there were 356 homes newly listed for sale in Gloucester County compared to 392 in June 2024, a decrease of 9%. There were 328 current contracts pending sale this June compared to 301 a year ago. The number of current contracts is 9% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Gloucester County was 101.4% 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 28, higher than the average last year, which was 22, an increase of 27%.



	*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.