So first let me say that this update is for Hamilton Township (AKA Mays Landing), Atlantic County, NJ. There are two Hamilton Townships in NJ so if you are looking for Atlantic County in South Jersey you’ve come to the right place! Mays Landing is located about 20 minutes east of Atlantic City and Ocean City. Mays Landing is also the regional shopping and retail hub of the county and home to The Hamilton Mall and many other strip centers and chain restaurants.
Here is an update for the Hamilton Township real estate market. New listings were down slightly for December. Closed sales were up. Days on market was down to just 63 days. The median sales price was lower for the month however it is up 14% year to date to a median sales price of $173,250.
This report also takes a look at condos and townhomes in Mays Landing. New listings were down for the month and median sales price is up 21%. Monthly supply of inventory is up slightly to 6 months.
If you or someone you know is thinking of buying or selling real estate in Mays Landing please let us know. We can help them analyze the real estate market in their neighborhood to see if this is a good time to buy or sell for them.