Marlton Real Estate Market Update YTD 3/2008
By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
Here's the Marlton Real Estate market update for March 2008. Pended units for the March were down 14 and Sold units were down 18 compared 2007; listed units were down by 9 units versus 2007. This has led to a current inventory of 462 units. Marlton has been averaging 49 units sold per month which means there is currently 9 months worth of inventory in Marlton. There was 7 months worth of inventory at the time of my February report. This outperforms the overall Burlington County market, which has 10 months worth of inventory. Year to date listed units are up 38 (a 9.2% increase), pended units are down 40 (a 28.2% decrease) and sold units are down 41(a 41.4% decrease). See how this compares to the Burlington County Market.Over the last 3 years the average number of units pended and ...
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