SWEDESBORO AND MULLICA HILL HOUSING MARKET DATA

There was a decrease in total units sold in June, with 47 sold this month in Swedesboro and Mullica Hill Real Estate versus 49 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 27% versus June 2024.

Versus last year, the total number of homes available this month is lower by 2 units or 3%. The total number of active inventory this June was 77 compared to 79 in June 2024. This month's total of 77 is lower than the previous month's total supply of available inventory of 81, a decrease of 5%.

Last June, the median sale price for Swedesboro and Mullica Hill Homes was $565,010. This June, the median sale price was approximately the same at $475,000. The current median sold price is 16% lower than in June 2024.

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 1.6 months of supply available in Swedesboro and Mullica Hill, compared to 2.1 in June 2024. That is a decrease of 23% 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 57 homes newly listed for sale in Swedesboro and Mullica Hill compared to 62 in June 2024, a decrease of 8%. There were 53 current contracts pending sale this June compared to 48 a year ago. The number of current contracts is 10% higher than last June.

In June, the average sale price in Swedesboro and Mullica Hill was 100.2% 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 24, higher than the average last year, which was 21, an increase of 14%.





FOCUS ON: SWEDESBORO AND MULLICA HILL HOUSING MARKET			JUNE 2025

Zip Code(s): 08085, 08062, 08014, 08074, 08039 and 08025
Units Sold 47	Active Inventory 77	Median Sale Price $475,000	Days On Market 24

Up 27% Vs. Year Ago	Down -3% Vs. Year Ago	Down -16% Vs. Year Ago	Up 14% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 47 sold this month in Swedesboro and Mullica Hill Real Estate versus 49 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 27% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 2 units or 3%. The total number of active inventory this June was 77 compared to 79 in June 2024. This month's total of 77 is lower than the previous month's total supply of available inventory of 81, a decrease of 5%.
		Median Sale Price Last June, the median sale price for Swedesboro and Mullica Hill Homes was $565,010. This June, the median sale price was approximately the same at $475,000. The current median sold price is 16% lower than in June 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 57	Current Contracts 53	Sold Vs. List Price 100.2%	Months of Supply 1.6

Down -8% Vs. Year Ago	Up 10% Vs. Year Ago	Down -0.8% Vs. Year Ago	Down -23% Vs. Year Ago


		Months of Supply In June, there was 1.6 months of supply available in Swedesboro and Mullica Hill, compared to 2.1 in June 2024. That is a decrease of 23% 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 57 homes newly listed for sale in Swedesboro and Mullica Hill compared to 62 in June 2024, a decrease of 8%. There were 53 current contracts pending sale this June compared to 48 a year ago. The number of current contracts is 10% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Swedesboro and Mullica Hill was 100.2% 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 24, higher than the average last year, which was 21, an increase of 14%.


	Swedesboro and Mullica Hill are defined as properties listed in zip code/s 08085, 08062, 08014, 08074, 08039 and 08025.
	*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.