February 2012 Market Reports for Hamilton, Bordentown, Florence, Burlington and Cherry Hill, New Jersey

By
Managing Real Estate Broker with Long & Foster

 

In a nutshell, low rates and low prices are fueling a bit of a jolt in residential real estate resales, especially in Hamilton Townhip, New Jersey.  Other towns are somewhat flat in sales compared with the last two February's, with the exception of Florence, which dropped off like a lead balloon.  The numbers in Florence will likely be made up in upcoming months.   The chart below lists the # of closings for each town, according to Trend MLS. 

 

TOWN                        2010                    2011                   2012

Hamilton                 32                     41                  48

Florence                   5                        6                   0

Bordentown(s)*        9                        7                   9

Burlington Twp.        11                     10                  10

Cherry Hill                18                     38                  33

 

Would you like me to make sense of the market for your neighborhood?  Give me a call, or send me a message.

* This combines both Bordentown Twp. and Bordentown City.

 

 

 

Posted by

Michael Elliott / Keller Williams Realty

www.michaelelliottnj.com

1814 Rte. 70 East

Cherry Hill, NJ 08003

Cell (609) 864-8164 

Off (856) 685-1607

I serve Mercer, Burlington, Camden and Western Ocean & Monmouth Counties in New Jersey.

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Great blog and great job. Keep up the good work and good luck to you this year. Thanks. 

Mar 04, 2012 04:54 AM #1
Rainer
20,766
Michael Elliott
Long & Foster - West Windsor, NJ

Thank you, Josh !

Mar 04, 2012 05:29 AM #2
Rainer
30,157
Regina Brassil
True Sarasota Real Estate - Siesta Key, FL
ABR, AHWD, e-Pro

Glad to hear this, Michael!

Mar 06, 2012 10:57 AM #3
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Michael Elliott

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