$4,738 Closing Credit*
$399,000
1,582 SqFt
4 Beds
•1 Full Bath
Timothy D'Ascenzo, Listing Office: HomeSmart First Advantage Realty
Is Collingswood, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Collingswood has remained a Seller's Market.
Key Takeaway
Collingswood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Collingswood, NJ
How much do homes in Collingswood, NJ cost?
Median Sold Price
$403,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$36,000(+9.8%)
Key Takeaway
Homes in Collingswood have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Collingswood was $403,000 in September 2024, up 9.8% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $151.9K | +26.6% |
| 2 Bedrooms | $280.9K | $315K | +12.1% |
| 3 Bedrooms | $330K | $370K | +12.1% |
| 4 Bedrooms | $482K | $525K | +8.9% |
| 5+ Bedrooms | $450K | $451.5K | 0.3% |
Summary: Collingswood housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.6%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Woodlynne | $155K | $197.5K | +27.4% |
| Camden | $107K | $130K | +21.5% |
| Oaklyn | $257.7K | $310.5K | +20.5% |
| Collingswood | $367K | $403K | +9.8% |
| Haddon Township | $420K | $425K | +1.2% |
Housing Supply in Collingswood, NJ
How many homes are available in Collingswood, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 35 | 50 | +42.9% |
Summary: The Collingswood real estate market had 50 homes for sale in September 2024, a 42.9% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 18 | 28 | +55.6% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Collingswood housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collingswood, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Collingswood in September 2024, up by 83.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for Collingswood, NJ
How long does it take to sell a home in Collingswood, NJ?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 13 Days | 20 Days | +50.7% |
Summary: Homes in Collingswood had an average of 20 days on market in Sep 2024, up by 50.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Collingswood are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 11 homes were sold in Collingswood; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
