$3,918 Closing Credit*
$329,900
1,360 SqFt
2 Beds
•2 Full Baths
Jody M Pagliuso, Listing Office: BHHS Fox & Roach-Medford
Is Leisuretowne, 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, Leisuretowne has remained a Seller's Market.
Key Takeaway
Leisuretowne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Leisuretowne, NJ
How much do homes in Leisuretowne, NJ cost?
Median Sold Price
$298,950
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,950(+10.7%)
Key Takeaway
Homes in Leisuretowne have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Leisuretowne was $298,950 in November 2024, up 10.7% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127K | $136.5K | +7.5% |
| 2 Bedrooms | $272.4K | $298K | +9.4% |
| 3 Bedrooms | $377.5K | $361.2K | -4.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Leisuretowne housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Leisuretowne, NJ
How many homes are available in Leisuretowne, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 39 | -2.5% |
Summary: The Leisuretowne real estate market had 39 homes for sale in November 2024, a 2.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 40 | 39 | -2.5% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Leisuretowne 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 decreased by 2.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leisuretowne, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Leisuretowne in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for Leisuretowne, NJ
How long does it take to sell a home in Leisuretowne, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 30 Days | +52.9% |
Summary: Homes in Leisuretowne had an average of 30 days on market in Nov 2024, up by 52.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Leisuretowne are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Leisuretowne; 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.
