A friend said to me"They meaning you Realtors say prices are going up but what is the real story because there are conflicting reports?"
Well here are the facts: The average price in south Jersey according to TREND MLS is higher than last year. But here is why: much of the really low priced inventory, homes below $100,000 have already sold and homes priced higher than $500,000 have started to sell and those 2 factors have raised the average sales price.
The number of home sales are are higher than last year but there still is a lot of inventory ( homes currently on the market) and a lot of Short Sales that still have to sell before we will see prices rise.
Wednesday, June 6, 2012
Sunday, June 3, 2012
New Listing Short Sale
http://youtu.be/ECqQ_503LRQ 1206 Clement Circle Gloucester Twp Somerdale PO NJ 08083 MLS# 6063033
Great home with lots of room, 4 bedrooms 2 full baths, in-law suite located on a quiet no thru street.
TimberBirch subdivision. $185,000 Short Sale
Great home with lots of room, 4 bedrooms 2 full baths, in-law suite located on a quiet no thru street.
TimberBirch subdivision. $185,000 Short Sale
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