URGENT UPDATE: The Burlington County real estate market is heating up with significant sales under $300,000 recorded between November 3 and November 9. For prospective homebuyers, this week showcases the top 10 properties that recently changed hands, offering a glimpse into affordable housing options in the area.
This week, the spotlight is on properties that not only fit the budget but also provide ample living space. Here’s a look at what buyers are securing right now:
1. **$290,000** – Located at 22 Palmer Square, this 1,344 square foot condominium sold for $216 per square foot. The sale was finalized on October 20, highlighting its desirability in the market.
2. **$290,000** – Another strong contender is the detached house at 13 Vincentown Pemberton Road. This 857 square foot home, built in 1956, also closed on October 20, making it a competitive option for buyers.
3. **$286,000** – The single-family house at 310 Garden Street, covering 1,547 square feet, was sold for $185 per square foot on October 17. Built in 1910, this property combines charm with affordability.
4. **$285,695** – Another noteworthy sale was at 203 Arrabella Ave. This residence spans 1,472 square feet and sold for $194 per square foot on October 16, providing a solid option for buyers seeking space.
5. **$277,500** – Situated at 308 W. Second Street, this home offers 1,120 square feet of living space and was finalized on October 20. The sale price of $248 per square foot reflects the current market demand.
6. **$270,000** – For $191 per square foot, buyers secured a property at 68 Whitebirch Court, spanning 1,412 square feet. This sale concluded on October 16.
7. **$255,000** – The detached house at 305 Garden Street offers 2,186 square feet of living space and was recorded at $117 per square foot, finalizing on October 17.
8. **$244,900** – A condominium at 269 Rosebay Court sold for $222 per square foot, providing 1,104 square feet as of October 21.
9. **$240,000** – Located at 217 E. Fourth Street, this home sold for $200 per square foot and offers 1,200 square feet, finalized on October 20.
10. **$240,000** – Lastly, the property at 31 Sycamore Court spans 1,076 square feet and sold for $223 per square foot on October 15.
These developments underscore the competitive nature of the Burlington County real estate market, where homes under $300,000 are increasingly sought after. As buyers rush to secure their future residences, the urgency in this market is palpable.
WHAT’S NEXT: Prospective buyers should act quickly as opportunities like these are vanishing fast. Stay tuned for more updates on housing trends and sales in the region, as the market continues to evolve rapidly. With demand rising, understanding current listings and sales can make a significant difference in securing a home.
This report highlights the pressing need for affordable housing options in Burlington County and reflects broader trends in the real estate market. The urgency to act is greater than ever for those looking to buy.
