🏡 Gloucester Township NJ Real Estate Market Update
Week of April 6 – April 12, 2025
By Dave Sulvetta | eXp Realty
Local Knowledge, Proven Results
Welcome back to your trusted weekly Gloucester Township NJ real estate update! I'm Dave Sulvetta, a full-time real estate professional and long-time resident of Gloucester Township. Whether you're in Blackwood NJ, Sicklerville NJ, Glendora, Clementon, or Magnolia, this report is tailored to help you stay on top of what’s happening in our local housing market. 🏘️
📊 Market Snapshot
The real estate activity across Gloucester Township NJ continues to show strong momentum, with new inventory, competitive pricing, and multiple homes going under contract quickly.
- Active Listings: 86
- Average List Price: $388,037
- Total Market Value: $33,371,214
This surge in active homes presents fresh opportunities for buyers while signaling a healthy market environment for sellers.
🔄 New Activity This Week
🟡 Active Under Contract
This past week, 9 properties transitioned to Active Under Contract, with an average list price of $356,186. This reflects a continued trend of quick movement for competitively priced homes.
🔜 Coming Soon
There were 6 new Coming Soon listings introduced into the market, setting the stage for additional inventory to hit in the coming days — a positive sign for buyers navigating low inventory.
📝 Pending Homes
A total of 13 homes went pending during the week, with an average pending price of $314,200. These homes are now in the final stages before settlement, further confirming strong buyer demand.
✅ Homes That Sold
Five homes settled this week, and the data speaks volumes:
- Average Sold Price: $360,000
- Total Sales Volume: $1.8 million
- Average Price/Square Foot: $227
- Average Days on Market: Just 16 days!
- Seller Return: Sellers received 5.15% over asking price on average — 📈 a strong seller's advantage.
🏡 What Kind of Homes Sold?
- 2 Detached Single-Family Homes
- 3 Townhomes
- 3 Properties Included a Garage
- 2 Had Basements
- 0 New Construction
- 0 Bank-Owned Properties
These trends continue to show that both townhomes and traditional detached homes are performing well in Gloucester Township.
💳 Financing Snapshot
Of the homes sold:
- 🏦 3 were financed with Conventional loans
- 🏡 2 were FHA-backed
- 🇺🇸 0 VA Loans
- 💵 0 Cash purchases
No VA or cash transactions were recorded this week, showing that traditional financing is leading the way in our market.
❌ Expired Listings
Only 1 home expired without selling, which indicates that well-priced and well-marketed properties are still moving.
🔍 Final Thoughts for Sellers & Buyers
For sellers, this week’s report confirms what we’ve been seeing all spring: Homes that are priced right and presented well are selling fast—and often above asking price. If you're thinking about selling in Gloucester Township, Blackwood NJ, or Sicklerville NJ, now is an excellent time to list.
For buyers, there’s still competition, but new inventory is entering the market. Acting quickly and getting pre-approved is key 🔑.
📞 Ready to Make a Move?
As someone who has proudly served the Gloucester Township NJ real estate market for nearly two decades, I know what it takes to get results. Whether you're buying your dream home or ready to sell for top dollar, let’s talk strategy.
👉 Call or text me today at (856) 889-8163
🌐 Explore listings: www.davesulvetta.com
Dave Sulvetta | eXp Realty
Serving Blackwood, Sicklerville, Glendora, Clementon & Magnolia NJ
Local Knowledge. Proven Results.
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