Is Florence, NJ 08518 a buyer’s or seller’s market?
Florence is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.9Under 4 months = seller’s market
Sold above original list41.2%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$247▲ +11.7% vs. last year
Run the numbers for 08518
Nearby markets
Beverly 08010Seller’s market $201 /sq ftBordentown 08505Seller’s market $263 /sq ftBrowns Mills 08015Seller’s market $241 /sq ftBurlington 08016Seller’s market $227 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology