Cherry Hill Mall, NJ Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Cherry Hill Mall, NJ is $370,000, down 6.9% year-over-year. Homes sell in an average of 32 days with 23 active listings. The market is currently a seller's market.
$370,000median sale price
Is Cherry Hill Mall a buyer's or seller's market?
Cherry Hill Mall, NJ is currently a seller's market, based on 1.8 months of supply and homes selling in about 32 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
32
Average pace
Active listings
23
1.8 months supply
Sale-to-list
97.4%
Below asking
Cherry Hill Mall, NJ market data
| Metric | Value |
|---|---|
| Median sale price | $370,000 |
| Median list price | $365,000 |
| Year-over-year price change | -6.9% |
| Average days on market | 32 days |
| Active inventory | 23 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 97.4% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Cherry Hill Mall housing market is currently classified as a seller's market with a median sale price of $370,000. Prices have fallen 6.9% compared to last year, with homes spending an average of 32 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Cherry Hill Mall
There are currently 23 homes listed for sale in Cherry Hill Mall, New Jersey. The median listing price is $365K.
Active listings
23
Homes on market
Median list price
$365K
Avg. days on market
32
Days until sale
New this week
15
Newly listed
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Frequently asked questions
What is the average home price in Cherry Hill Mall?
The median home sale price in Cherry Hill Mall is $370,000, down 6.9% from last year.
How long do homes stay on market in Cherry Hill Mall?
Homes typically spend 32 days on market before going under contract.
Is Cherry Hill Mall a buyer's or seller's market?
With 1.8 months of supply, Cherry Hill Mall is currently a seller's market.
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