08248 Real Estate Market

08248 Market

The median sale price for homes in 08248 over the last 12 months is $837,500.


The median mortgage debt is $171,663.

Additional Statistics for Single Family Homes and Condos in Strathmere, NJ
$999,500
Median Listing Price
98
Median Days on Market
24
Active Listings
4.2%
Distressed Listings
(foreclosures and short sales)
08248 (Strathmere, NJ) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Strathmere is $999,500. The list prices increased by 12.3% from the previous month.

The price per square foot for listings in this area is $513.

The median sale price in December for single family homes is $645,000. The sale prices dropped by -30.27% from the previous month.

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08248 (Strathmere, NJ) Market Inventory Trends

The number of active listings in Strathmere increased by 4.3% from the previous month.

The median number of days active properties have been listed is 98.

The number of sales in December dropped by 50% from the previous month.

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08248 (Strathmere, NJ) Property Ownership

Strathmere has a high % of unoccupied properties. It is 64.32% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in Strathmere is 45.04% below the national average.

The percent of rental properties in Strathmere is 16.48% below the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.