Old Orchard, Cherry Hill NJ: 2009 Home Sales Report by Leander McClain, Realtor

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Real Estate Agent

Old Orchard: Cherry Hill, NJ by Leander McClain Realtor(It's All About MONEY!)

Well we have come to end of 2009.  It's time to look at the home sales for 2009.  The table below shows the homes sales in Old Orchard have been pretty brisk.  The average Old Orchard home sold for 96% of asking price took an average of 3.2 months to sell. 

What does this all mean?  Homes that are priced right are selling quickly. 

Does this mean that every house that is listed for sale will sell quickly?

ABSOLUTELY NOT!

There a several Old Orchard homes listed for sale that have been on the market for just over a year.  You might be thinking that these homes are in bad locations or in terrible condition.  One is fixer upper and the others are decent.    Let's cut to the chase.

IT's ALL ABOUT MONEY!

As a home seller, you want to walk away from closing table with as much money as you can.  The buyer wants to bring as little money as they can to the closing table. 

 As not only a Realtor, but a Real Estate Consultant, I will show you how you can end up with the largest check in your pocket.  It's not magic.  There are no smoke and mirrors.  Selling or buying a home is a matter of simple economics & PLCA (Price, Location, Condition and Access).  I will show you how you can sell your home in less than 3.7 months when your neighbor's home (which is similar) has not been able to sell in the past 6 months. 

Let's Go Get Your Money!

Call Me Today (856-685-1677) for a NO COST, NO OLIGATION, and LOW PRESSURE Listing Presentation

Address Beds Baths Asking Price Sold Price % of Asking Price  Seller Assistance  How Long To Sell (days)
13 Elbow Ln, Cherry Hill, NJ 5 2.5 $379,400 $350,000 92%   25
122 Old Orchard Rd, Cherry Hill, NJ 4 3 $225,000 $215,000 96%   145
3 Gatehouse Ln, Cherry Hill, NJ 4 2.5 $279,900 $265,000 95%   90
102 Thornhill Rd, Cherry Hill, NJ 4 2.5 $365,000 $350,000 96%   181
5 Scattergood Rd, Cherry Hill, NJ 4 2.5 $279,990 $265,900 95%   184
2 Ramsgate Rd, Cherry Hill, NJ 4 2.5 $269,900 $255,000 94%   91
26 Old Orchard Rd, Cherry Hill, NJ 4 2.5 $299,500 $294,500 98%  $11,500 22
9 Regent Rd, Cherry Hill, NJ 4 2.5 $325,000 $310,000 95%   27
11 Ramsgate Rd, Cherry Hill, NJ 4 2.5 $298,900 $299,000 100%   272
17 Black Latch Ln, Cherry Hill, NJ 4 2.5 $269,900 $240,000 89%   237
8 Firethorne Rd, Cherry Hill, NJ 4 2.5 $215,000 $220,000 102%  $2,500 32
1 Elbow Ln, Cherry Hill, NJ 4 2.5 $245,000 $233,000 95%  $8,000 10
649 Guilford Rd, Cherry Hill, NJ 4 2.5 $279,900 $276,000 99%   86
307 Mimosa Pl, Cherry Hill, NJ 4 2.5 $324,900 $312,500 96%   30
619 Old Orchard Rd, Cherry Hill, NJ 4 2.5 $315,000 $300,000 95%   62
612 Old Orchard Rd, Cherry Hill, NJ 4 2.5 $349,900 $336,000 96%   31
308 Mimosa Dr, Cherry Hill, NJ 4 2.5 $279,500 $274,500 98%   81
644 Bamford Rd, Cherry Hill, NJ 4 2.5 $300,000 $290,500 97%  $5,000 5
208 Croyden Dr, Cherry Hill, NJ 4 1.5 $280,000 $273,000 98%   199
17 Waverly Rd, Cherry Hill, NJ 4 1.5 $285,500 $275,000 96%   80
631 Croyden Dr, Cherry Hill, NJ 4 1.5 $284,900 $270,000 95%   41
6 Scattergood Rd, Cherry Hill, NJ 3 2.5 $287,000 $287,000 100%  $9,500 100
26 Black Latch Ln, Cherry Hill, NJ 3 2.5 $259,900 $253,000 97%  $5,000 160
628 Bamford Rd, Cherry Hill, NJ 3 2.5 $279,900 $265,000 95%   86
108 Lamp Post Ln, Cherry Hill, NJ 3 1.5 $292,500 $285,000 97%   153

Have a Great Day

Make This YOUR Best Year Ever


Leander McClain, Burlington /Camden County, NJ Realtor & Real Estate Consultant, Keller Williams Realty, 1814 Route 70 E Cherry Hill, NJ 08003 856-685-1677 Direct

Search NJ & PA Home Listings @ www.NJSouthRealEstate.com

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Ambassador
675,149
Lee & Pamela St. Peter
Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522 - Raleigh, NC
Making Connections to Success in Real Estate

Very good recap of Cherry Hill NJ real estate Market Leander.  Looks like our DOM's are about the same.  Here's to a very healthy 2010! 

Jan 07, 2010 02:00 PM #1
Rainmaker
592,790
Laura Giannotta
Keller Williams Realty - Atlantic Shore - Little Egg Harbor, NJ
Your Realtor Down the Shore!

It always comes down to price and days on the market.  I've found though, when my sellers make access difficult, it doesn't matter how well priced the property is!  Great Cherry Hill info!

Jan 08, 2010 09:06 AM #2
Rainmaker
175,396
Leander McClain
North East, MD
Cecil & Harford County Realtor

Laura,

You are 100% right.  I once had a property that my clients were very interested in purchasing.  We could never get in.......they purchased elsewhere.

Have a great day

Leander

Jan 08, 2010 09:30 AM #3
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Rainmaker
175,396

Leander McClain

Cecil & Harford County Realtor
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