$3,551 Closing Credit*
$299,000
1,216 SqFt
3 Beds
•1 Full Bath
Stephanie Campise, Listing Office: Compass New Jersey, LLC - Haddon Township
Is Collingswood, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$429,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$59,000(+15.9%)
Key Takeaway
Homes in Collingswood have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in Collingswood was $429,000 in November 2024, up 15.9% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $169.9K | +35.9% |
| 2 Bedrooms | $315K | $295K | -6.3% |
| 3 Bedrooms | $330K | $405K | +22.7% |
| 4 Bedrooms | $489.5K | $522.5K | +6.7% |
| 5+ Bedrooms | $450K | $513.5K | +14.1% |
Summary: Collingswood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.9%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 14.1%.
Median Sold Price Compared To Nearby Cities
| Camden | $115K | $135.1K | +17.5% |
| Oaklyn | $265K | $311K | +17.4% |
| Collingswood | $370K | $429K | +15.9% |
| Haddon Township | $420K | $425K | +1.2% |
Housing Supply in Collingswood, NJ
How many homes are available in Collingswood, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 39 | -22.0% |
Summary: The Collingswood real estate market had 39 homes for sale in November 2024, a 22.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 25 | 18 | -28.0% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Collingswood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 28%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collingswood, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Collingswood in November 2024, down by 25.0% month-over-month. Of the 12 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 20 Days | -9.4% |
Summary: Homes in Collingswood had an average of 20 days on market in Nov 2024, down by 9.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Collingswood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Collingswood; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
