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Mount Laurel Township, NJ Real Estate News

By Leander McClain, Cecil & Harford County Realtor
Who Wants A $15,000 Tax Credit To Buy A New Home?..........Sike$ Well we have all been waiting with baited breath on the Economic Stimulus package.  We have heard about the House version, the Senate version and now the new and improved approved version.  We were all excited that the Economic Stimulus Package would include a $15,000 for people who purchased a home within the next year.  Well it ain't so no mo. A $15,000 tax credit for anybody buying a home over the next year was dropped; instead, first-time home buyers could claim an $8,000 credit for homes bought by the end of August.  You can read the full AP Story HERE Sorry guys.  I guess we will have to stand in another line to collect our portion of the stimulus money :) Have A Great Day Make This YOUR Best Year Ever Leander McClai...
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By Leander McClain, Cecil & Harford County Realtor
Mount Laurel NJ: January 2009 Real Estate Statistics, Home Sales & Analysis Are homes selling in Mount Laurel, NJ??  Yes.  Is there a healthy supply of homes for sale?  Absolutely Yes.  Is now a great time to buy a home?  Depends on YOUR Situation. Is now a great time to sell a house?  Depends.   The table below shows that in January 2009, Thirty Four (34) homes sold.  Fifteen (15) were single family detached and the remaining three (3) were town homes or condos.  Overall the single family market is stronger than the townhouse market.  8.3% of the single family homes available for sale sold in January.  This leaves an 12 month supply.  6.9% of the townhouses were sold leaving a supply of 13.5 months. What does this all mean? A balanced market is defined as a six (6) month supply of home...
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By Leander McClain, Cecil & Harford County Realtor
Wouldn't it be great to be able to get away to the tropical islands any time you want without having to leave New Jersey? Now you can, at CoCo Key Water Resort, New Jersey's Newest & Largest Indoor Water Resort.   CoCo Key combines the relaxation and enchantment of the islands with the wild excitement of a 55,000-sq. ft. indoor water park. Every day is a bright, sunny 84 degrees at CoCo Key.  The 55,000-square-foot park, on Route 73 next to the Mount Laurel Marriott, is now open to the public. The water theme park promises to bring year-round tropical temperatures to New Jersey, said Robin Kirk, vice president of Sage Hospitality Resources, which owns the hotel and water park. "We worked hard to build a special place for families to come together," Kirk said. "We created a water park in...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
Here’s the Mount Laurel Real Estate market update for September 2008.  Pended units for September were up 4 and Sold units were down 21 compared to September 2007; listed units were up 11 versus 2007.  This has led to a current inventory of 431 units.  Mount Laurel has been averaging 47 units sold per month which means there is currently 9 months worth of inventory in Mount Laurel.  This outperforms the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 132 (a 13% decrease), pended units are down 178 (a 39% decrease) and sold units are down 210 (a 49% decrease).  See how this compares to the Burlington County Market. Over the last 3 years the average number of units pended and sold in September was approximately 59 & 71 respectiv...
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By David Burns
(Keller Williams Realty)
David Burns | Keller Williams Realty | 856 321 1212 996A Scotswood Ct, Mount Laurel, NJ Price Reduced. Condo in The Renaissance Club! 2BR/2BA Condo offered at $165,000 Year Built 1986 Sq Footage 1,136 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking 1 Uncovered spaces Lot Size Unspecified HOA/Maint $150 per month DESCRIPTION Price just reduced! Best value in the prestigious adult community, The Renaissance Club. Beautiful 1st floor end unit condo. Offers an open floor plan and brand new carpeting. MOVE IN CONDITION. Outdoor porch. This peaceful community includes: pool, tennis courts, shuffle board and a clubhouse. Convenient to medical, shopping and major roadways. see additional photos below PROPERTY FEATURES Central A/C Central heat Living room Dishwasher Refrigerator Stove/O...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
Here’s the Mount Laurel Real Estate market update for August 2008.  Pended units for August were down 19 and Sold units were down 23 compared to August 2007; listed units were down 30 versus 2007.  This has led to a current inventory of 423 units.  Mount Laurel has been averaging 49 units sold per month which means there is currently 8 months worth of inventory in Mount Laurel.  This outperforms the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 145 (a 16% decrease), pended units are down 177 (a 42.5% decrease) and sold units are down 190 (a 48.5% decrease).  See how this compares to the Burlington County Market. Over the last 3 years the average number of units pended and sold in August was approximately 77 & 98 respectively...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
Here’s the Mount Laurel Real Estate market update for July 2008.  Pended units for July were down 14 and Sold units were down 14 compared to July 2007; listed units were down 13 versus 2007.  This has led to a current inventory of 423 units.  Mount Laurel has been averaging 47 units sold per month which means there is currently 9 months worth of inventory in Mount Laurel.  This outperforms the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 116 (a 14.2% decrease), pended units are down 163 (a 44.5% decrease) and sold units are down 167 (a 50.8% decrease).  See how this compares to the Burlington County Market. Over the last 3 years the average number of units pended and sold in July was approximately 72 & 79 respectively.  Thi...
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Photos around Burlington County - Mount Laurel, NJ   This fountain in located on Briggs Road in Mount Laurel - right off Rt. 38.  There are actually two of them, one across the street from each other.  I pass these each day as it's right around the corner from my office. This photo is Day 6 of my 365 Days (A Day in The Life) photo set on Flickr.  All rights reserved 
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
  Here’s the Mount Laurel Real Estate market update for June 2008.  Pended units for June were down 13 and Sold units were down 26 compared to June 2007; listed units were down 15 versus 2007.  This has led to a current inventory of 425 units.  Mount Laurel has been averaging 48 units sold per month which means there is currently 8 months worth of inventory in Mount Laurel.  This outperforms the overall Burlington County market, which has 11 months worth of inventory. Year to date listed units are down 103 (a 14.5% decrease), pended units are down 150 (a 47.8% decrease) and sold units are down 154 (a 56.6% decrease).  See how this compares to the Burlington County Market. Over the last 3 years the average number of units pended and sold in June was approximately 77 & 118 respectively.  ...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
  Here’s the Mount Laurel Real Estate market update for May 2008.  Pended units for May were down 24 and Sold units were down 26 compared to May 2007; listed units were down 19 versus 2007.  This has led to a current inventory of 427 units.  Mount Laurel has been averaging 54 units sold per month which means there is currently 7 months worth of inventory in Mount Laurel.  This outperforms the overall Burlington County market, which has 11 months worth of inventory. Year to date listed units are down 89 (a 15% decrease), pended units are down 141 (a 55.1% decrease) and sold units are down 130 (a 67.4% decrease).  See how this compares to the Burlington County Market. Over the last 3 years the average number of units pended and sold in May was approximately 95 & 87 respectively.  This May...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
  Here’s the Mount Laurel Real Estate market update for April 2008.  Pended units for the April were down 29 and Sold units were down 18 compared 2007; listed units were down 37 versus 2007.  This has led to a current inventory of 445 units.  Mount Laurel has been averaging 52 units sold per month which means there is currently 8 months worth of inventory in Mount Laurel.  This outperforms the overall Burlington County market, which has 11 months worth of inventory. Year to date listed units are down 71 (a 15% decrease), pended units are down 127 (a 72.2% decrease) and sold units are down 104 (a 71.7% decrease).  See how this compares to the Burlington County Market. Over the last 3 years the average number of units pended and sold in April was approximately 91 & 74 respectively.  This ...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
Here’s the Mount Laurel Real Estate market update for March 2008.  Pended units for the March were down 29 and Sold units were down 29 compared 2007; listed units were down 44 versus 2007.  This has led to a current inventory of 433 units.  Mount Laurel has been averaging 58 units sold per month which means there is currently 7 months worth of inventory in Mount Laurel.  This outperforms the overall Burlington County market, which has 10 months worth of inventory. Year to date listed units are down 34 (a 9.7% decrease), pended units are down 99 (a 74.4% decrease) and sold units are down 86 (a 91.5% decrease).  See how this compares to the Burlington County Market. Over the last 3 years the average number of units pended and sold in March was approximately 104 & 72 respectively.  This M...
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By Lawrence Yerkes, Broker Associate, Southern New Jersey Real Estate Services
(RE/MAX Preferred)
To keep up with local Mount Laurel Township news and events, the official Mount Laurel Township web site maintains a community events calendar as well as local township news on their township home page.Lenape Regional School District has announcements and news about individual Mount Laurel Schools, including Lenape High School and also about the Lenape Regional Performing Arts Center which provides local and top professional entertainment.Additional information is available at...Mount Laurel Township School DistrictMount Laurel Clubs and OrganizationsMount Laurel Township Parks and Recreation (Sports)GoKidsNJ - Things To Do In and Around Mount LaurelMount Laurel LibraryBurlington County Library - MedfordBurlington County Library - EveshamBy the way, if you want to learn about Mount Laur...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
Here's the Mount Laurel Real Estate market update for February 2008.  Pended units for the February were down 46 and Sold units were down 41 compared 2007; listed units were down 11 versus 2007.  This has led to a current inventory of 433 units.  Mount Laurel has been averaging 60 units sold per month which means there is currently 7 months worth of inventory in Mount Laurel.  This outperforms the overall Burlington County market, which has 9 months worth of inventory. Year to date listed units are up 8 (a 3.4% increase), pended units are down 74 (a 104.2% decrease) and sold units are down 58 (a 98.3% decrease).  See how this compares to the Burlington County Market.Over the last 3 years the average number of units pended and sold in February was approximately 77 & 66 respectively.  Thi...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
The Mount Laurel Real Estate market started 2008 by following how the Burlington County market performed as a whole.  Pended units for the January were down 30 and Sold units were down 17 compared 2007; listed units, however were up 19 versus 2007.  This has led to a current inventory of 413 units.  Mount Laurel has been averaging 59 units sold per month which means there is currently 7 months worth of inventory in Mount Laurel.  This outperforms the overall Burlington County market, which has 9 months worth of inventoryOver the last 3 years the average number of units pended and sold in January was approximately 71 & 53 respectively.  This January, there was only 41 pended and 32 sold.  Obviously, sellers do not want to see a trend of fewer pended and sold units with more units listed ...
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By Roach Team
(RE/MAX Infinity)
Stefani Roach | RE/MAX Infinity | 856 722 8090 72 Patricia Ln, Mt. Laurel, NJ Charming Rancher in Tricia Meadows 2 Bdrm Single Family House offered at $125,000 Year Built Unspecified Sq Footage Unspecified Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking 3 Uncovered spaces Lot Size Unspecified HOA/Maint $405 per month DESCRIPTION Charming 1 story rancher in Tricia Meadows. This home boasts newer deck with canopy, spacious sunny kitchen and large soaking tub in master suite. Features 2 bedroom and 2 baths and is conveniently located on corner lot. Priced to sell quickly. Rent for land and township fees is $404.25 per month. see additional photos below PROPERTY FEATURES Central A/C Central heat Tile floor Living room Dining room Dishwasher Refrigerator Stove/Oven Washer Dryer Laun...
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Welcome to my video tour of The Lakes at Larchmont.  The Lakes is a condo & townhome community located in Mount Laurel, NJ.Built around 1987, The Lakes is home to about 440 condo's and 350 townhomes.  Please click below to view the tour.  The Lakes at Larchmont, Mt Laurel NJ To learn more about The Lakes at Larchmont, please visit my post on South Jersey Real Estate BlogRavi Shah, REALTOR®South Jersey Real Estate BlogPrudential Fox & RoachO: (856) 222-0077 x153C: (609) 760-7852
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
The Mount Laurel Real Estate outperformed the Burlington County market in 2007.  Pended units for the year were down 151 and Sold units were down 112 when compared to 2006; listed units were also down by 169 units in the same period.  This has led to a current inventory of 405 units.  Mount Laurel has been averaging 65 units sold per month which means there is currently 6 months worth of inventory in Mount Laurel.  This beats the overall Burlington County market, which has 8 months worth of inventory. An inventory accumulation rate of 6 months represents a fairly balanced market, especially given the time of year.Mount Laurel has had average sale price of $280,669 which is 2.2% higher then the sold average in 2006.  Burlington County's average sale price during the same period is basica...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
The Mount Laurel Real Estate is outperforming the Burlington County market.  While Pended units through November are down 121 and Sold units are down 88 versus the same period in 2006; listed units are also down by 151 units in the same period.  This has led to a current inventory of 445 units.  Mount Laurel has been averaging 67 units sold per month which means there is currently 6 months worth of inventory in Mount Laurel.  This beats the overall Burlington County market, which has 10 months worth of inventory. An inventory accumulation rate of 6 months represents a fairly balanced market, especially given the time of year.Year to date through November, Mount Laurel has an average sale price of $281,258 which is 2.38% higher then the sold average in 2006.  Burlington County's average ...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
The Mount Laurel Real Estate market is outperforming the Burlington County market.  While Pended units through October are down 95 and Sold units are down 88 versus the same period in 2006; listed units are also down by 157 units in the same period.  This has led to a current inventory of 454 units.  Mount Laurel has been averaging 62 units sold per month which means there is currently 7 months worth of inventory in Mount Laurel.  This beats the overall Burlington County market, which has 10 months worth of inventory. An inventory accumulation rate of 7 months represents a fairly balanced market, especially given the time of year.Year to date through October, Mount Laurel has an average sale price of $284,580 which is 3.59% higher then the sold average in 2006.  Burlington County's aver...
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