Friday, October 5, 2007

Just the Facts for Moorestown Real Estate - Should you sell now?

August Real Estate Numbers for Moorestown
Moorestown Real Estate Data - August 2006 vs August 2007

Homes listed for sale:      39 vs 41
Homes sold:                   28 vs 16
Days on market:             49 vs 80
Average sale price:        $591,954 vs $698,937
Average list price:         $572,451 vs $881,736

As you will see there are wide fluctuations from month-to-month. It is important to remember real estate is local and although one month will be up the next month in the same year could be down significantly because of seasonality market forces. For a complete understanding of the annual trend contact me

Based on information from TREND MLS for August 1, 2006 to August 31, 2007

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