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 seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Holiday City South has remained a Seller's Market.

Key Takeaway

Holiday City South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Holiday City South, NJ

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

Median Sold Price

$312,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,000(+2.3%)

Key Takeaway

Homes in Holiday City South have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Holiday City South was $312,000 in November 2024, up 2.3% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $299.9K$305K
+1.7%
3 $347.5K$385K
+10.8%
4 $480K$566K
+17.9%
5+ $429K-
N/A

Summary: Holiday City South housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Silver Ridge Park West
+11.5%
Silver Ridge Park
+7.7%
Holiday City
+6.5%
Holiday City South
+2.3%

Housing Supply in Holiday City South, NJ

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4951+4.1%

Summary: The Holiday City South real estate market had 51 homes for sale in November 2024, a 4.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 4444
0.0%
3 22
0.0%
4 34
+33.3%
5+ 01
+100.0%

Summary: The Holiday City South housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
912+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holiday City South, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Holiday City South in November 2024, up by 33.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% 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

Nov 2023Nov 2024CHANGE
22 Days21 Days-6.0%

Summary: Homes in Holiday City South had an average of 21 days on market in Nov 2024, down by 6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 12 homes were sold in Holiday City South; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Holiday City South, NJ

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