Burlington County’s Real Estate Market: Homes Under $300K Sold Now

UPDATE: The Burlington County real estate market is buzzing with activity as homes priced at or below $300,000 have just sold between November 3 and November 9. Homebuyers and investors alike should take note of the latest developments that present exciting opportunities in this competitive market.

During this week, a total of ten properties shifted ownership, showcasing a diverse range of options for prospective buyers. These transactions were finalized between October 15 and October 21, yet the titles were recorded just last week, making them essential to current market trends.

One notable highlight includes a condominium located at 22 Palmer Square, which sold for $290,000. This unit, constructed in 2000, boasts a spacious 1,344 square feet of living area, translating to an impressive $216 per square foot. The deal was sealed on October 20, illustrating the strong demand for properties in Burlington County.

Another commendable sale was a detached house at 13 Vincentown Pemberton Road, also changing hands for $290,000. Built in 1956 and offering 857 square feet of living space on an 8,298-square-foot lot, this property highlights the affordable options available in the area, with the deal finalized on the same date as the Palmer Square condo.

The market continues to show resilience with other significant sales, including a single-family house at 310 Garden Street, which sold for $286,000. This historic home, dating back to 1910, features 1,547 square feet of living space and a 4,308-square-foot lot. The final sale occurred on October 17, further indicating the momentum in Burlington County’s housing sector.

Additionally, priced at $285,695, a single-family residence at 203 Arrabella Ave. showcases the region’s diverse property offerings with a total area of 1,472 square feet. This property was finalized on October 16, further demonstrating the opportunities within the $300,000 budget.

As the week progressed, other properties also found new owners, including a well-sized home at 308 W. Second Street, which sold for $277,500. This property, built in 1965, provides 1,120 square feet of living space and finalized its deal on October 20.

The urgency in the market is palpable. Homes like 68 Whitebirch Court, sold for $270,000, and 305 Garden Street, which went for $255,000, reflect the diverse range of options available to buyers right now. Properties in Burlington County are moving quickly, and the demand is evident.

With this data, potential homebuyers should act swiftly to secure their dream homes. The current market dynamics emphasize that properties under $300,000 are not just financially accessible but also offer substantial living space, making them ideal for families and individuals alike.

Next Steps: Homebuyers should stay alert for new listings and upcoming open houses, as the market continues to evolve. The opportunities in Burlington County are ripe for those ready to make a move.

As the real estate landscape shifts, it is critical for interested buyers to remain proactive and informed. These recent sales serve as a strong indicator of the ongoing demand for affordable housing in Burlington County, making this an exciting time for both buyers and sellers.

For further insights and detailed listings, prospective buyers can keep an eye on local real estate channels for the latest updates and market trends. Don’t miss out on the chance to find your new home!