32 Hemlock Dr, Blackwood

Real Estate Market Report: Gloucester Township, NJ (Aug 2024) 📈🏡
#### Active Listings 📋
- **August 2024:** 114 active listings
- **August 2023:** 213 active listings
- **Trend:** Significant decrease in inventory 📉
#### Average Price 💰
- **August 2023 Average Price:** $330,000
- **August 2024 Average Price:** $354,636
- **Trend:** Increase in average price despite lower inventory 🚀
#### Months of Inventory ⏳
- **August 2023:** 3 months of inventory
- **August 2024:** 2 months of inventory
- **Insight:** Lower inventory often indicates a seller’s market 🔑
#### Sales Price to List Price Ratio 📊
- **August 2023:** 103.9%
- **August 2024:** 102%
- **Analysis:** Although there is a slight dip in the ratio, sellers are still achieving strong prices with significantly reduced inventory. This reflects a solid competitive market. 👍
### Conclusion 🌟
In summary, Gloucester Township's real estate market is showing resilience with fewer listings and an increase in average prices. While the sales price to list price ratio dipped slightly, the decrease in inventory suggests a strong demand, making it a commendable seller's market! 🏘️✨
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Gloucester Township NJ Homes for Sale
Contact Dave Sulvetta ☎️ 856.889.8163
or by 📧 email: dave@davesulvetta.com
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Gloucester Township NJ Active Listings

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