GLOUCESTER COUNTY HOUSING MARKET DATA

There was an increase in total units sold in June, with 47 sold this month in Gloucester County Real Estate versus 35 last month, an increase of 34%. This month's total units sold was higher than at this time last year, an increase of 9% versus June 2024.

Versus last year, the total number of homes available this month is lower by 4 units or 4%. The total number of active inventory this June was 102 compared to 106 in June 2024. This month's total of 102 is lower than the previous month's total supply of available inventory of 110, a decrease of 7%.

Last June, the median sale price for Gloucester County Homes was $359,900. This June, the median sale price was $375,000, an increase of 4% or $15,100 compared to last year. The current median sold price is 3% lower 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 2.2 months of supply available in Gloucester County, compared to 2.5 in June 2024. That is a decrease of 12% 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 73 homes newly listed for sale in Gloucester County compared to 54 in June 2024, an increase of 35%. There were 69 current contracts pending sale this June compared to 30 a year ago. The number of current contracts is 130% higher than last June.

In June, the average sale price in Gloucester County was 99.0% of the average list price, which is 0.5% lower than at this time last year.

This month, the average number of days on market was 41, lower than the average last year, which was 43, a decrease of 5%.





FOCUS ON: GLOUCESTER COUNTY HOUSING MARKET			JUNE 2025

Units Sold 47	Active Inventory 102	Median Sale Price $375,000	Days On Market 41

Up 9% Vs. Year Ago	Down -4% Vs. Year Ago	Up 4% Vs. Year Ago	Down -5% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 47 sold this month in Gloucester County Real Estate versus 35 last month, an increase of 34%. This month's total units sold was higher than at this time last year, an increase of 9% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 4 units or 4%. The total number of active inventory this June was 102 compared to 106 in June 2024. This month's total of 102 is lower than the previous month's total supply of available inventory of 110, a decrease of 7%.
		Median Sale Price Last June, the median sale price for Gloucester County Homes was $359,900. This June, the median sale price was $375,000, an increase of 4% or $15,100 compared to last year. The current median sold price is 3% lower 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 73	Current Contracts 69	Sold Vs. List Price 99.0%	Months of Supply 2.2

Up 35% Vs. Year Ago	Up 130% Vs. Year Ago	Down -0.5% Vs. Year Ago	Down -12% Vs. Year Ago


		Months of Supply In June, there was 2.2 months of supply available in Gloucester County, compared to 2.5 in June 2024. That is a decrease of 12% 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 73 homes newly listed for sale in Gloucester County compared to 54 in June 2024, an increase of 35%. There were 69 current contracts pending sale this June compared to 30 a year ago. The number of current contracts is 130% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Gloucester County was 99.0% of the average list price, which is 0.5% lower than at this time last year. Days on Market This month, the average number of days on market was 41, lower than the average last year, which was 43, a decrease of 5%.



	*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 REIN 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 REIN or Long & Foster Real Estate, Inc.