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Winter 2012 Market Update
If you can qualify, now is an exceptional time to be part of the Cherry Hill experience. Low rates with rock solid homes and fantastic values make a home purchase in Cherry Hill a great investment in you and your families future! Call now for more information at 609-332-9002.
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| Average Home Price | $250,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 0-5% |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $200,000 - $249,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Cherry Hill is | Increasing |
| Seller Activity for the past 90 days in Cherry Hill is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | Some are, most are not. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | There plenty of fantastic houses available in historic Cherry Hill. Some of the best builders have made their mark in Cherry Hill. |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Philadelphia |
| Housing Hot Spots | Barclay Farm, Cherry Valley, Hunt Tract, Route 70 Corridor. |
| Average Sold Price | $250,000 - View Graph Trend |
Cherry Hill Local News
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
Contact Information
Christopher Poitivient
609-332-9002
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– Feb 15th, 2012 –
---------------------------------
30 yr. fixed rate: 3.87%---------------------------------
15 yr. fixed rate: 3.18%
30 yr. jumbo rate: 4.69%
15 yr. jumbo rate: 4.00%
Home Values
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Request More Information Let me answer your questions! Ask Me!
Christopher Poitivient
Keller Williams Realty Cherry Hill
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 609-332-9002
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