Is Pitman, NJ 08071 a buyer’s or seller’s market?
Pitman is a seller’s market. With about 1.7 months of supply and 32% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.7Under 4 months = seller’s market
Sold above original list32.2%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$243▲ +3.4% vs. last year
Run the numbers for 08071
Nearby markets
Bridgeport 08014Buyer’s market $253 /sq ftClarksboro 08020Balanced $242 /sq ftClayton 08312Seller’s market $208 /sq ftDeptford 08096Seller’s market $222 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology