View Full Gloucester County Market Report (PDF)
What August Meant for Buyers in Gloucester County
Competition eased slightly for buyers touring homes in Glassboro, Mullica Hill, and West Deptford. The Gloucester County real estate market saw 56.5% of properties sell at or above asking price, down modestly from 58.3% last August. Lightning-fast sales continued with homes averaging just 16 days on market. The median price climbed to $380,000, posting a solid 4.7% annual gain. Inventory improved to 672 active listings, up from 606 last year, giving buyers from Pitman to Clayton more options to consider.
Seller Highlights from August in Gloucester County
Properties in Harrison Township, Mantua, and Woolwich Township barely had time for weekend open houses. The 16-day average meant well-priced homes sold before many buyers even knew they were available. Despite 15% fewer new listings (388 versus 460), demand stayed consistent with 425 pending sales. Nearly 18% of sellers landed exactly at their asking price, while over half exceeded it, particularly in desirable school districts like Clearview and Kingsway Regional.
Key Takeaways:
- Properties flew off market in 16 days with median prices hitting $380,000, up 4.7% from August 2024
- Active inventory rose 11% to 672 homes, finally giving buyers more selection in this competitive market
- September shoppers should leverage improved inventory before holidays; sellers can still expect quick sales with proper pricing
Related Market Reports:
Compare Gloucester County’s performance with other South Jersey markets:
- Burlington County Market Recap for August 2025
- Camden County Market Recap for August 2025
- Cumberland County Market Recap for August 2025
- Salem County Market Recap for August 2025
See how the market has evolved: Gloucester County Market Recap for July 2025
