Is Holiday City South, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holiday City South is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Holiday City South was a Neutral Market.

Key Takeaway

Holiday City South is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Holiday City South, NJ

How much do homes in Holiday City South, NJ cost?

Median Sold Price

$300,000

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,000(-1.0%)

Key Takeaway

Homes in Holiday City South have sold for 1% less than they did a year ago.

Summary: The median home sold price in Holiday City South was $300,000 in October 2024, down 1% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $297.5K$299.9K
+0.8%
3 $370K$385K
+4.1%
4 $477.5K$565.5K
+18.4%
5+ -$429K
N/A

Summary: Holiday City South housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Silver Ridge Park East
+14.0%
Silver Ridge Park West
+10.9%
Silver Ridge Park
+7.1%
Holiday City
+5.0%
Holiday City South
-1.0%

Housing Supply in Holiday City South, NJ

How many homes are available in Holiday City South, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4148+17.1%

Summary: The Holiday City South real estate market had 48 homes for sale in October 2024, a 17.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3843
+13.2%
3 12
+100.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Holiday City South housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holiday City South, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Holiday City South in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Holiday City South, NJ

How long does it take to sell a home in Holiday City South, NJ?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days38 Days+66.7%

Summary: Homes in Holiday City South had an average of 38 days on market in Oct 2024, up by 66.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Holiday City South are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Holiday City South; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

Newest Listings in Holiday City South, NJ

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