Is Collingswood, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Collingswood was a Neutral Market.
Housing Prices in Collingswood, NJ
How much do homes in Collingswood, NJ cost?
Median Sold Price
$375,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Collingswood was $375,000 in March 2024, up 10% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $125K | +8.7% |
2 Bedrooms | $251.9K | $315K | +25.0% |
3 Bedrooms | $327.5K | $342.5K | +4.6% |
4 Bedrooms | $465.6K | $511K | +9.7% |
5+ Bedrooms | $485K | $450K | -7.2% |
Summary: Collingswood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 7.2%.
Median Sold Price Compared To Nearby Cities
Woodlynne | $140.7K | $185K | +31.4% |
Camden | $97.8K | $115.1K | +17.7% |
Haddon Township | $376.5K | $420K | +11.6% |
Collingswood | $341K | $375K | +10.0% |
Oaklyn | $250K | $265K | +6.0% |
Housing Supply in Collingswood, NJ
How many homes are available in Collingswood, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
57 | 62 | +8.8% |
Summary: The Collingswood real estate market had 62 homes for sale in March 2024, a 8.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 27 | 30 | +11.1% |
4 Bedrooms | 15 | 15 | 0.0% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Collingswood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Collingswood in March 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 17 Days | -45.6% |
Summary: Homes in Collingswood had an average of 17 days on market in Mar 2024, down by 45.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Collingswood; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.