Is Villas, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Villas is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Villas has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Villas, NJ

How much do homes in Villas, NJ cost?

Median Sold Price

$395,000

$401/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$125,000(+46.3%)

Key Takeaway

Homes in Villas have sold for 46.3% more than they did a month ago.

Summary: The median home sold price in Villas was $395,000 in April 2024, up 46.3% from last month, and the median price per square foot was $401.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $175K-
N/A
2 $320K$365K
+14.1%
3 $317.5K$625K
+96.9%
4 --
N/A
5+ --
N/A

Summary: Villas housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 96.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Villas, NJ

How many homes are available in Villas, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
20200.0%

Summary: The Villas real estate market had 20 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 76
-14.3%
3 76
-14.3%
4 56
+20.0%
5+ 01
+100.0%

Summary: The Villas housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Villas, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Villas in April 2024, up by 25.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Villas, NJ

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

Average Sale Time

Mar 2024Apr 2024CHANGE
39 Days22 Days-43.6%

Summary: Homes in Villas had an average of 22 days on market in Apr 2024, down by 43.6% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Villas; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Villas, NJ

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