Camden County real estate market experienced steady performance in November 2024, with activity remaining relatively stable across popular communities like Cherry Hill, Voorhees, and Haddonfield. New Jersey’s fifth most populous county maintained consistent buyer interest despite broader market headwinds affecting the region.
View Full Camden County Market Report (PDF)
What November Meant for Buyers in Camden County
November proved favorable for buyers in Camden County, with 381 homes sold compared to 418 in November 2023, representing an 8.9% decrease. This modest decline provided buyers more options when exploring neighborhoods like Collingswood, Haddon Township, and Berlin. The median sales price held steady at $325,000, matching last November’s figure exactly, offering price stability for budget-conscious buyers.
Market conditions favored buyers in other ways too, with homes averaging 15 days on market – up slightly from 14 days last year. Properties in desirable areas like Haddonfield, Voorhees, and Cherry Hill still moved quickly, but buyers found less intense competition overall. About 56.7% of homes sold over asking price in November, down from 59.1% the previous year, indicating a more balanced negotiating environment.
Seller Highlights from November in Camden County
Sellers in Camden County found a responsive market in November, particularly in established neighborhoods like Mount Ephraim, Bellmawr, and Gloucester City. The flat median price trend reflected market stability rather than weakness, as well-prepared properties continued attracting competitive offers. Properties in prime locations like Haddonfield and Cherry Hill still commanded premiums, with many exceeding list prices.
New listing activity remained essentially flat, with 452 homes entering the market compared to 451 in November 2023. This balanced supply helped prevent price pressure while maintaining healthy options for buyers. Sellers who positioned their properties competitively found success across townships like Winslow, Waterford, and Pine Hill, though the days of instant multiple offers became less common.
Key Takeaways:
- Closed sales declined 8.9% to 381 homes, creating more balanced buyer-seller dynamics
- Median price remained stable at $325,000, matching November 2023 levels exactly
- Over half of properties (56.7%) still sold above asking price, showing continued seller strength
Related Market Reports:
Compare Camden County’s performance with other South Jersey markets:
- Burlington County Market Recap for November 2024
- Cumberland County Market Recap for November 2024
- Gloucester County Market Recap for November 2024
- Salem County Market Recap for November 2024
See how the market has evolved: Camden County Market Recap for October 2024
