$6,530 Closing Credit*
$549,900
1,504 SqFt
3 Beds
•1 Full Bath, 1 Partial
Carolyn C Fulginiti, Listing Office: Weichert Realtors-Cherry Hill
Is Collingswood, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Collingswood has remained a Seller's Market.
Key Takeaway
Collingswood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Collingswood, NJ
How much do homes in Collingswood, NJ cost?
Median Sold Price
$415,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$36,000(+9.5%)
Key Takeaway
Homes in Collingswood have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Collingswood was $415,000 in December 2024, up 9.5% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $169.9K | +35.9% |
| 2 Bedrooms | $315K | $270K | -14.3% |
| 3 Bedrooms | $346.2K | $395.5K | +14.2% |
| 4 Bedrooms | $494K | $522.5K | +5.8% |
| 5+ Bedrooms | $450K | $515K | +14.4% |
Summary: Collingswood housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.9%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 14.4%.
Median Sold Price Compared To Nearby Cities
| Camden | $115K | $140K | +21.7% |
| Oaklyn | $265K | $311K | +17.4% |
| Woodlynne | $168.5K | $193K | +14.5% |
| Collingswood | $379K | $415K | +9.5% |
| Haddon Township | $420K | $425K | +1.2% |
Housing Supply in Collingswood, NJ
How many homes are available in Collingswood, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 37 | 31 | -16.2% |
Summary: The Collingswood real estate market had 31 homes for sale in December 2024, a 16.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The Collingswood housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collingswood, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Collingswood in December 2024, up by 25.0% month-over-month. Of the 15 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% were sold over asking.
Days on Market for Collingswood, NJ
How long does it take to sell a home in Collingswood, NJ?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 25 Days | 33 Days | +31.0% |
Summary: Homes in Collingswood had an average of 33 days on market in Dec 2024, up by 31% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Collingswood are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 15 homes were sold in Collingswood; 53% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
