Is Villas, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Villas has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | - | N/A |
2 Bedrooms | $320K | $365K | +14.1% |
3 Bedrooms | $317.5K | $625K | +96.9% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | 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 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 20 | 0.0% |
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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 0 | 1 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +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
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 2024 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 22 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
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.