The Gloucester County real estate market in New Jersey maintained steady momentum during July, with communities like Washington Township, Deptford, and Monroe Township contributing to 336 closed sales. This represented a solid 4.3% increase from July 2024’s 322 transactions, demonstrating the county’s consistent appeal to homebuyers.
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What July Meant for Buyers in Gloucester County
July proved favorable for homebuyers throughout Gloucester County’s diverse communities. The median sales price reached $399,990, reflecting a substantial 12.2% increase from the previous year’s $356,500, with strong appreciation evident in desirable areas like Pitman and Glassboro. This growth underscored the county’s value proposition for families and commuters alike.
Competitive conditions remained robust but manageable, as 55.4% of homes closed above asking price, down slightly from 57.8% in July 2024. Properties moved efficiently with an average of 14 days on market, compared to 13 days the previous year. New listings totaled 398 properties, though this marked a 15.9% decrease from July 2024, creating selective opportunities in townships like Woolwich and Logan.
Seller Highlights from July in Gloucester County
Sellers across Gloucester County experienced positive market conditions during July. The 4.3% increase in closed sales to 336 transactions, combined with the impressive 12.2% median price growth to $399,990, created favorable circumstances for homeowners in Mantua and Woodbury.
Strong buyer demand remained evident with 55.4% of properties selling over list price, while the swift 14-day average market time indicated continued efficiency. Areas like West Deptford and Newfield benefited from balanced inventory levels, with active listings averaging 658 homes, up 8.1% from the previous year. This moderate inventory increase provided sellers with better market context while maintaining competitive conditions.
Key Takeaways:
- Closed sales increased 4.3% to 336 transactions, showing sustained buyer interest
- Median price surged 12.2% to $399,990, leading regional appreciation
- Properties averaged 14 days on market, maintaining efficient sales pace
Related Market Reports:
Compare Gloucester County’s performance with other South Jersey markets:
- Burlington County Market Recap for July 2025
- Camden County Market Recap for July 2025
- Cumberland County Market Recap for July 2025
- Salem County Market Recap for July 2025
See how the market has evolved: Gloucester County Market Recap for June 2025
