Real Estate

Gloucester County Real Estate: Top Sales & Market Trends, Oct 7-13

Gloucester County Real Estate: Top Sales & Market Trends, Oct 7-13

In Gloucester County, the real estate market saw some significant transactions during the week of October 7-13. Leading the list of the most expensive homes sold is a residence in Swedesboro, which fetched a price of $587,000. Overall, the county recorded 55 residential real estate sales, demonstrating robust real estate activity. The average sale price during this period stood at approximately $338,024, with the average price per square foot at $195, highlighting a diverse range of property values across the county. It's important to note that the list of property sales is compiled based on when the title was officially recorded, meaning some sales might have been finalized before the specified week.

This trend provides an intriguing glimpse into the real estate dynamics within Gloucester County, reflecting both the premium end of the market and the wider economic conditions that influence residential property values. Keeping an eye on such data can offer valuable insights for potential buyers and investors scouting for opportunities in the area. As we explore the broader real estate landscape, similar observations have been made in neighboring counties, with detailed reports on the most expensive homes sold during the same week in regions like Sussex, Passaic, Cumberland, Bergen, and Hudson County.

These reports serve as useful resources for comprehending the real estate trends in New Jersey, offering a comparative perspective on how Gloucester County stacks up against its counterparts.