Median price for residential apartments in as of Feb, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
408 Cherry Hill, NJ, USA apartments for sale
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Housing Trends
Cherry Hill, NJ, USA Housing Trends
Average sale in Cherry Hill: $287,159 (-19.3%)
| Apartment Size | Feb | vs Last Month |
|---|---|---|
| 1 bed apartments | $99,500 | +32.1% |
| 2 bed apartments | $159,139 | -29.9% |
| 3 bed apartments | $425,828 | +51.2% |
| 4+ bed apartments | $352,000 | -36.4% |
During Feb 2021, the average price for an apartment in/near Cherry Hill, NJ decreased by 19.3% to 287.159 $.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 32.1% to 99.500 $. Asking price for 2-bed apartment also decreased by 29.9% and a place of this size will now cost you 159.139 $. A 3-bed apartment goes for 425.828 $, it increased by 51.2% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 36.4% and made it down to 352.000 $.
| Listing Type | Feb | vs Last Month |
|---|---|---|
| Houses for sale | $467,141 | -13.4% |
| Condos for sale | $138,833 | -42.7% |
| Townhouses for sale | $360,666 | +0.6% |
| Apartments for sale | $94,000 | -12% |
| Lofts for sale | $129,193 | -52.4% |
The average cost of an apartment in Cherry Hill, NJ decreased by 12% to 94.000 $. Price reports demonstrate that house price decreased by 13.4% this month making it up to 467.141 $. Condos faced an upward trend these days. The median price for a condo decreased by 42.7%, it’s now available for 138.833 $. The price dynamics of lofts changed, it decreased by 52.4%, the price tag now starts at 129.193 $. The property value of townhouses increased by 0.6%, you’ll have to spend around 360.666 $ to get one.
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