Is Holiday City South, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Holiday City South has remained a Seller's Market.
Housing Prices in Holiday City South, NJ
How much do homes in Holiday City South, NJ cost?
Median Sold Price
$310,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Holiday City South was $310,000 in May 2024, up 8.8% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | - | N/A |
2 Bedrooms | $275K | $305K | +10.9% |
3 Bedrooms | $402.5K | $320K | -20.5% |
4 Bedrooms | $475K | $565K | +18.9% |
5+ Bedrooms | - | $429K | N/A |
Summary: Holiday City South housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.9%, 3 bedroom homes decreased by 20.5%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Holiday City South | $285K | $310K | +8.8% |
Holiday City | $284.8K | $309K | +8.5% |
Silver Ridge Park East | $255K | $273.4K | +7.2% |
Silver Ridge Park West | $275K | $285.1K | +3.7% |
Silver Ridge Park | $282.5K | $285.2K | +1.0% |
Housing Supply in Holiday City South, NJ
How many homes are available in Holiday City South, NJ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
53 | 51 | -3.8% |
Summary: The Holiday City South real estate market had 51 homes for sale in May 2024, a 3.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 48 | 45 | -6.3% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Holiday City South housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Holiday City South in May 2024, up by 7.1% month-over-month. Of the 15 sold homes, 33% were sold under asking, 13% were sold at asking, and 53% were sold over asking.
Days on Market for Holiday City South, NJ
How long does it take to sell a home in Holiday City South, NJ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 64 Days | +138.6% |
Summary: Homes in Holiday City South had an average of 64 days on market in May 2024, up by 138.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Holiday City South; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.