Is Holiday City, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holiday City is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Holiday City has remained a Seller's Market.

Key Takeaway

Holiday City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Holiday City, NJ

How much do homes in Holiday City, NJ cost?

Median Sold Price

$300,900

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$19,844(+7.1%)

Key Takeaway

Homes in Holiday City have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Holiday City was $300,900 in March 2024, up 7.1% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $240K-
N/A
2 $280K$300K
+7.1%
3 $351.5K$369.9K
+5.2%
4 $475K$565K
+18.9%
5+ -$429K
N/A

Summary: Holiday City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Holiday City South
+11.8%
Holiday City
+7.1%
Silver Ridge Park West
+2.6%
Holiday City at Berkeley
+1.9%
Silver Ridge Park
0.0%

Housing Supply in Holiday City, NJ

How many homes are available in Holiday City, NJ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
180187+3.9%

Summary: The Holiday City real estate market had 187 homes for sale in March 2024, a 3.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 170180
+5.9%
3 76
-14.3%
4 31
-66.7%
5+ 00
0.0%

Summary: The Holiday City 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 increased by 5.9%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3841+7.9%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holiday City, you may be able to get a good deal. 56.1% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Holiday City in March 2024, up by 7.9% month-over-month. Of the 41 sold homes, 56% were sold under asking, 24% were sold at asking, and 20% were sold over asking.

Days on Market for Holiday City, NJ

How long does it take to sell a home in Holiday City, NJ?

Average Sale Time

Mar 2023Mar 2024CHANGE
29 Days65 Days+118.7%

Summary: Homes in Holiday City had an average of 65 days on market in Mar 2024, up by 118.7% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Holiday City are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 41 homes were sold in Holiday City; 49% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Holiday City, NJ

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