UPDATE: A stunning single-family home in Cherry Hill has just sold for $805,000, making it the most expensive residential real estate transaction in the area for the week of October 27 – November 2. This sale highlights a busy week in the local housing market, with a total of 18 residential sales recorded and an average sale price of $737,722.
The top property, located at 1809 E. Fireside Court, boasts a spacious 3,450 square feet of living space and was finalized on October 16. It sold for $233 per square foot, showcasing the demand for premium homes in the area.
Here’s a look at the other notable sales that contributed to this week’s market activity:
1. **$739,000** – A charming home at 611 Radnor Ave. in Haddonfield, featuring 1,687 square feet, sold on October 20 at $438 per square foot.
2. **$658,000** – The property at 1032 Bobwhite Drive in Cherry Hill was sold for $657,500 on October 15, covering 2,815 square feet at a price of $234 per square foot.
3. **$555,000** – A detached house at 1104 Willowdale Drive was sold for $555,000 on October 20, comprising 1,785 square feet at $311 per square foot.
4. **$550,000** – The property at 311 Chestnut Street sold for $550,000 on October 14, with 1,132 square feet for $486 per square foot.
5. **$535,000** – The sale of a residence at 1108 Crane Drive was finalized for $535,000 on October 17, covering 2,431 square feet at $220 per square foot.
6. **$500,000** – Two homes at 421 Narragansett Drive and 335 Hinchman Ave. each sold for $500,000, finalized on October 20, with prices per square foot at $223 and $242, respectively.
7. **$480,000** – A home at 107 Kitty Hawk Road sold for $480,000 on October 14, with a total area of 1,828 square feet.
8. **$465,000** – The final notable sale was at 382 Tuvira Lane, where a home built in 1998 sold for $465,000 on October 16, covering 1,702 square feet at $273 per square foot.
This surge in property sales reflects ongoing interest in the Cherry Hill real estate market, as buyers are keen to invest in desirable locations. The latest data shows that the average price per square foot for homes in the area stands at $258, further indicating a competitive market.
With the real estate landscape continually evolving, potential buyers and sellers should stay informed on trends and opportunities. Expect more updates as the market remains active in the coming weeks.