Here is the real estate market update on Moorestown, NJ for the month of December 2006. Moorestown, located in Burlington County, minutes from the Betsy Ross & Ben Franklin Bridges is home to many historic sites dating back to the 1800s. Mixed in with the old world charm are much newer high end developments as you'll see in the market activity.
In summary, there were 7 homes that went under contract (Pending) and 12 that settled.
Some of the highlights are as follows:
- Things were busy around Lenola this month with 4 homes selling with an avg. price of $249k
- One home went in each of North Riding, Northwest Estates & Timbercroft for an average of $640k
- Inverness Dr. in Laurel Creek sold for $575k
- The highest seller went to a home in Peachtree Point for $1.5M followed by one on Riverton Rd for $1.15M
If you are interested in more information on Moorestown or other towns in South Jersey, please email me, call me at (856) 914-4853 or you can Search Homes for Sale at my website.
Based on information from Trend for the month of December 2006
