GLOUCESTER COUNTY HOUSING MARKET DATA

There was an increase in total units sold in July, with 48 sold this month in Gloucester County Real Estate versus 47 last month, an increase of 2%. This month's total units sold was higher than at this time last year, an increase of 9% versus July 2024.

Versus last year, the total number of homes available this month is lower by 20 units or 17%. The total number of active inventory this July was 96 compared to 116 in July 2024. This month's total of 96 is lower than the previous month's total supply of available inventory of 117, a decrease of 18%.

Last July, the median sale price for Gloucester County Homes was $356,450. This July, the median sale price was $345,500, a decrease of 3% or $10,950 compared to last year. The current median sold price is 8% lower than in June.

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

In July, there was 2.0 months of supply available in Gloucester County, compared to 2.6 in July 2024. That is a decrease of 24% 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 59 homes newly listed for sale in Gloucester County compared to 61 in July 2024, a decrease of 3%. There were 67 current contracts pending sale this July compared to 44 a year ago. The number of current contracts is 52% higher than last July.

In July, the average sale price in Gloucester County was 96.3% of the average list price, which is 3.7% lower than at this time last year.

This month, the average number of days on market was 29, lower than the average last year, which was 36, a decrease of 19%.





FOCUS ON: GLOUCESTER COUNTY HOUSING MARKET			JULY 2025

Units Sold 48	Active Inventory 96	Median Sale Price $345,500	Days On Market 29

Up 9% Vs. Year Ago	Down -17% Vs. Year Ago	Down -3% Vs. Year Ago	Down -19% Vs. Year Ago


		Units Sold There was an increase in total units sold in July, with 48 sold this month in Gloucester County Real Estate versus 47 last month, an increase of 2%. This month's total units sold was higher than at this time last year, an increase of 9% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 20 units or 17%. The total number of active inventory this July was 96 compared to 116 in July 2024. This month's total of 96 is lower than the previous month's total supply of available inventory of 117, a decrease of 18%.
		Median Sale Price Last July, the median sale price for Gloucester County Homes was $356,450. This July, the median sale price was $345,500, a decrease of 3% or $10,950 compared to last year. The current median sold price is 8% lower than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 59	Current Contracts 67	Sold Vs. List Price 96.3%	Months of Supply 2.0

Down -3% Vs. Year Ago	Up 52% Vs. Year Ago	Down -3.7% Vs. Year Ago	Down -24% Vs. Year Ago


		Months of Supply In July, there was 2.0 months of supply available in Gloucester County, compared to 2.6 in July 2024. That is a decrease of 24% 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 59 homes newly listed for sale in Gloucester County compared to 61 in July 2024, a decrease of 3%. There were 67 current contracts pending sale this July compared to 44 a year ago. The number of current contracts is 52% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Gloucester County was 96.3% of the average list price, which is 3.7% lower than at this time last year. Days on Market This month, the average number of days on market was 29, lower than the average last year, which was 36, a decrease of 19%.



	*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.