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Managed by Jamie Hartman, REALTOR® MCNE
New Roots South Jersey Brokered by eXp Realty
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In Under 2 Minutes
What is happening throughout South Jersey? Has the market changed?
Is it still a sellers market?
What is driving the demand for more homes?
In Under 2 Minutes
Is Voorhees still hot?
Is it still a good time for sellers?
How's inventory?
Watch this video to find out!
(Sturbridge Estates and Sturbridge Hills)
A dual-licensed REALTOR® MCNE with over a decade of experience specializing in residential sales, she has helped hundreds of families find homes that embody and comfort. A native South Jersey girl, she has a deep appreciation for the shore, Philly, and all the vibrant communities in between.
When not selling real estate, she enjoys curating a lifestyle of in Voorhees, where she lives with her husband and two kids. You can find her spending time with family and friends, at the soccer field, GCA, throwing elegant dinner parties, discovering new restaurants, practicing yoga, traveling, or unwinding in Ventnor.
" She is very busy, but makes you feel like you are her only client. She is patient, knowledgeable and friendly. She is not just an agent, but will be your friend at the end of your professional relationship. She goes above and beyond to do the necessary research for you to make the right decision and does not pressure you or try to talk you into anything. She is open and honest and will make sure all your needs are met.
We found our dream home during the height of the market craze. With over 15 showings and numerous offers on the property we were able to secure it for the asking price, when homes were going way above asking. That is only because of the knowledge and skills of Jamie. She is the best and you will not be sorry to use her as your agent whether you are a buyer or seller!!
Oh and she sold our house in a week, when other realtors could not in months! How, who knows, but she did and we were able to get the house we wanted and not have the deal fall through due to waiting for ours to sell. It all came together seamlessly, thanks to Jamie!! She rocks!"
"Jamie Hartman has been our family realtor for the past several years. My mother, sister and I have used Jamie to sell our properties and she has been nothing but amazing. There is nothing Jamie would not do to help us. Jamie not only knows everything there is to know about real estate, but she is also reliable, honest and so easy to work with."
“As a family of four looking to move out of the city, it took us over a year to find the perfect home. Jamie was extremely patient with us and helped us every step of the way. She was easy to connect with and super quick in her responses when we had questions. As first time home buyers we were new to the whole process. Jamie guided us every step of the way and explained terms that helped us not feel so foreign to the process. In the end we found our dream home and had the smoothest closing because of her. We will definitely work with her again and would highly recommend to anyone looking to buy in this crazy market!”
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The South Jersey real estate market in 2024 presents a mix of challenges and opportunities for both buyers and sellers.
Here are the key trends and updates for our region:
Price Trends:
Due to limited inventory, the median sale price in South Jersey is expected to increase marginally. This follows the statewide trend, where the sale-to-list price ratio remains high at 101.1%.
Inventory Levels:
The number of homes for sale in New Jersey has decreased slightly by 2.2% year over year, contributing to the tight inventory situation.
Sales Volume:
The number of closed sales in New Jersey has declined by 16.8% over the past year, indicating slower market activity than in previous years.
Market Dynamics:
The real estate market in South Jersey is experiencing a slower pace than in previous years. Despite the slowdown, buyers and sellers who navigate the market carefully can still find opportunities.
In summary, the South Jersey real estate market in 2024 is characterized by limited inventory and stable, albeit slightly rising, home prices. Market activity has slowed, offering a more balanced environment for both buyers and sellers.
New listings have slightly decreased by 2.8% year over year, but they have increased by 4.8% year to date, indicating gradual improvement in market availability [1].
Overall inventory has tightened with a 5.1% decrease in homes for sale, leading to increased buyer competition.
Median sale prices continue to rise marginally due to tight inventory, with the sale-to-list price ratio at approximately 101.1%, indicating strong demand relative to supply.
The competitive nature of the marketplace has led to multiple offers on properties, even those that have been on the market for a while.
Sellers are advised to price their homes competitively and consider professional staging to attract serious buyers.
Market Opportunities
Despite the challenges, opportunities still exist for buyers.
Overall, the South Jersey real estate market remains dynamic, with tight inventory and rising prices creating a competitive environment. Buyers and sellers must stay informed and work with knowledgeable real estate professionals to effectively navigate the current market conditions.
New Roots South Jersey is founded by Jamie Hartman. She is a licensed REALTOR® at eXp Realty. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal, without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting, or other professional advice outside the realm of real estate brokerage.
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