$4,036 Closing Credit*
$339,900
1,097 SqFt
2 Beds
•2 Full Baths
Thomas A. Ballerini, Listing Office: Long & Foster Real Estate, Inc.
Is Leisuretowne, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Leisuretowne was a Seller's Market.
Key Takeaway
Leisuretowne is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Leisuretowne, NJ
How much do homes in Leisuretowne, NJ cost?
Median Sold Price
$297,750
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,750(+10.3%)
Key Takeaway
Homes in Leisuretowne have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Leisuretowne was $297,750 in October 2024, up 10.3% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127K | $136.5K | +7.5% |
| 2 Bedrooms | $270K | $297.5K | +10.2% |
| 3 Bedrooms | $377.5K | $361.2K | -4.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Leisuretowne housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 10.2%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 41 | +24.2% |
Summary: The Leisuretowne real estate market had 41 homes for sale in October 2024, a 24.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 33 | 41 | +24.2% |
| 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 October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 24.2%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Leisuretowne, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Leisuretowne in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 36 Days | +37.1% |
Summary: Homes in Leisuretowne had an average of 36 days on market in Oct 2024, up by 37.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Leisuretowne has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Leisuretowne; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
