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What's Happening in Your Neighborhood?


What's Happening in Your Neighborhood?

It’s hard to believe that we are closely approaching 2022.  As I shared last quarter, the housing market is still very healthy and active! People often ask me my opinion of what is going on right now and I wanted to take a quick moment to give you some insight into the local real estate market.

As we’ve seen over the past year, the market has recovered and inventory levels of available homes are low in most of our local markets.  This has been fueled largely by historically low-interest rates as well as homeowners’ desire to upgrade their space. There has never been a better focus on home than now. 

To educate about market conditions, Compass has created a sampling of statistics and information on many of the towns and neighborhoods that we serve. 

Click a link below to see the Q3 2021 Market Update for:

Philadelphia & Suburban PA

Central & Southern NJ + the Jersey Shore


Since it is impossible to capture all of the areas we cover, if you do not see the statistics for your particular neighborhood or zip code, please let me know and I can pull data for you.