Camden County real estate market activity in New Jersey held remarkably steady throughout December 2024, with consistent performance across key communities including Cherry Hill, Voorhees, and Haddonfield. The month showcased balanced market conditions that provided opportunities for both buyers and sellers in this diverse South Jersey region.
View Full Camden County Market Report (PDF)
What December Meant for Buyers in Camden County
Camden County buyers found stable market conditions in December, with 402 closed sales representing a modest 1% decline from December 2023. This near-flat performance reflected typical seasonal patterns while maintaining healthy transaction volumes across neighborhoods in Collingswood, Pennsauken, and Berlin Township. The median sales price strengthened to $345,000, marking a significant 15% increase from the previous year.
Properties moved efficiently through the market, with homes averaging 17 days on market, up slightly from 15 days last year. Competition remained robust, with 52% of buyers securing homes over asking price, nearly matching last year’s 52.5% rate. This consistency demonstrates the market’s stable competitive dynamics.
Seller Highlights from December in Camden County
December provided Camden County sellers with encouraging market fundamentals, as strong buyer demand supported continued price appreciation. Active inventory levels averaged 751 homes, up 4.4% from December 2023, offering buyers reasonable selection while maintaining favorable conditions for sellers.
New listings totaled 343 properties, down 8% from the previous year, creating a balanced supply-demand equation. Sellers in popular areas like Haddon Township, Mount Ephraim, and Bellmawr continued to benefit from competitive bidding, with nearly one in five homes (18.4%) selling exactly at asking price.
Key Takeaways:
- Median sales price jumped 15% to $345,000, reflecting strong appreciation across diverse neighborhoods
- Market timing remained efficient with homes selling in 17 days on average
- Over half of all transactions (52%) closed above list price, indicating sustained buyer competition
Related Market Reports:
Compare Camden County’s performance with other South Jersey markets:
- Burlington County Market Recap for December 2024
- Cumberland County Market Recap for December 2024
- Gloucester County Market Recap for December 2024
- Salem County Market Recap for December 2024
See how the market has evolved: Camden County Market Recap for November 2024
