Is Elmer, NJ 08318 a buyer’s or seller’s market?
Elmer is a seller’s market. With about 3.6 months of supply and 33% 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 supply3.6Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list100.9%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$198▼ −1.0% vs. last year
Run the numbers for 08318
Nearby markets
Alloway 08001Seller’s market $94 /sq ftDeepwater 08023 — /sq ftHancocks Bridge 08038 — /sq ftMonroeville 08343Seller’s market $221 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology