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Market Conditions in 08033 : Real Estate Advice

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  • Home Buying9
  • Home Selling2
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Activity 2
Tue Oct 26, 2010
Renee Lackey answered:
Patsy,
The homes that you see on the internet is a current list of what is on the market right now. The information and the pictures that you are seeing tells a basic story about that particular home. If there is a home or homes that you are wow about, and you are seriously interested in purchasing a home. Then my advise to you is, talk to an agent or a few to see if you feel comfortable with them enough to have them represent you. The key is to work with someone that you feel you can trust, and I am sure you will find the home you are looking for. ... more
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Sun Oct 10, 2010
Kathleen Boggs-Shaner answered:
Jolanta,

Just noticed the rest of your question! The average property marketing period for a Haddonfield home to sell is 144 days. Note: Property Marketing Period is different than days on market as it counts from the time a property was first listed including breaks of 30 days or less.) The average price of a Haddonfield home in 2005 was $519,185. We actually peaked in 2007 with the average sale going for $545,826. By year-end 2009, we were down to $445,764 (12.8% down from year-end 2008 and our worst decline). As I mentioned in my earlier post, we're currently up 2.2% over 2009 year-end.

Another interesting statistic on the $1,000,000+ Haddonfield market. The average property marketing period is 258 days and homes are selling for 69.1% of original list price.

Let me know if you have further questions or I can assist with your real estate needs!

Best Regards,
Kathi Boggs-Shaner
Prudential Fox & Roach Realtors
Haddonfield, NJ 08033
katling@comcast.net
Direct: 856-616-7131
Ofc: 856-428-2600
... more
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