Is Buena Vista Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Buena Vista Township has remained a Seller's Market.
Housing Prices in Buena Vista Township, NJ
How much do homes in Buena Vista Township, NJ cost?
Median Sold Price
$280,543
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Buena Vista Township was $280,543 in May 2024, up 7.9% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $131K | N/A |
2 Bedrooms | $203K | $176K | -13.3% |
3 Bedrooms | $240K | $281K | +17.1% |
4 Bedrooms | $341.2K | $313K | -8.3% |
5+ Bedrooms | $200K | - | N/A |
Summary: Buena Vista Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 17.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Buena Vista Township | $260K | $280.5K | +7.9% |
Buena | $257K | $247K | -3.9% |
Housing Supply in Buena Vista Township, NJ
How many homes are available in Buena Vista Township, NJ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 31 | -18.4% |
Summary: The Buena Vista Township real estate market had 31 homes for sale in May 2024, a 18.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 20 | 15 | -25.0% |
4 Bedrooms | 9 | 7 | -22.2% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Buena Vista Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Buena Vista Township in May 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for Buena Vista Township, NJ
How long does it take to sell a home in Buena Vista Township, NJ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 22 Days | -26.9% |
Summary: Homes in Buena Vista Township had an average of 22 days on market in May 2024, down by 26.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Buena Vista Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.