UPDATE: A stunning single-family home in Cherry Hill has just sold for $805,000, marking it as the most expensive residential sale in the area from October 27 to November 2. This sale is part of a remarkable week where 18 homes changed hands, reflecting an average sale price of $737,722 across the region.
The recent surge in activity highlights a thriving real estate market, with homeowners eager to make moves. The average price per square foot in Cherry Hill reached $258, showcasing the demand for residential properties in this sought-after area.
The property at 1809 E. Fireside Court, which sold for $805,000, features a spacious 3,450-square-foot layout. Built in 1970, this home provides ample living space, with a price per square foot of $233. The sale was finalized on October 16, demonstrating strong market momentum.
Here’s a breakdown of other notable sales from the past week:
– **10. $465K**: A single-family home at 382 Tuvira Lane sold for $465,000, with a living area of 1,702 sq ft. Finalized on October 16, the price per square foot was $273.
– **9. $480K**: The detached house at 107 Kitty Hawk Road sold for $480,000. The home offers 1,828 sq ft of space and was finalized on October 14 at $263 per square foot.
– **8. $500K**: A residence at 421 Narragansett Drive sold for $500,000, with 2,238 sq ft of living space. Finalized on October 20, the price per square foot was $223.
– **7. $500K**: Another home at 335 Hinchman Ave. also sold for $500,000, featuring 2,064 sq ft. The deal closed on October 20 at $242 per square foot.
– **6. $535K**: The property at 1108 Crane Drive sold for $535,000, with a total living area of 2,431 sq ft. The sale was finalized on October 17 at $220 per square foot.
As the Cherry Hill real estate market continues to thrive, experts suggest that the demand may remain high as buyers seek spacious homes in desirable neighborhoods.
Stay tuned for more updates on the local housing market, as the latest trends show no signs of slowing down. This week’s robust activity underscores the urgency for potential buyers and sellers to act quickly in this competitive environment.
