Maple Shade, NJ is the perfect blend of a small community and a big city, making it an ideal place to live. There are many small shops and eateries on the city’s main street that give it a small-town feel close to the city.
Like in many other areas, New Jersey has seen some shifts in real estate trends in 2021. We list the real estate trends in Maple Shade for December 2021.
Why Live In Maple Shade, NJ
There are many reasons to live in Maple Shade. Some of them include:
Ideal Commute
Maple Shade is the perfect place to live if you need to commute to Philadelphia for work. Within minutes, you’ll be in the heart of Center City. As a result of multiple routes to work, you will also have a less stressful commute to and from work.
Close To The Jersey Shore
It is easy to take a quick day trip or weekend getaway to the Jersey Shore when you need a little rest and relaxation. Experience a quieter beach town feel on Long Beach Island or head to Ocean City to enjoy time on the sand, the Wildwood boardwalk and Morey’s Pier, or Atlantic City for some excitement.
Nearby Outdoor Fun
Strawbridge Park has paved trails for walking, running, and biking. The park also has some more secluded areas for picnicking and areas for the kids to run around. The nearby Laurel Acres Park has a beautiful lake with wildlife, many sports fields, and a dog park. You can even practice your tricks on your boards and scooters in Maple Shade’s skatepark.
What’s The Real Estate Market Like In Maple Shade In 2021?
Maple Shade offers a number of great apartment communities as well as affordable condos and townhomes. A good majority of the properties consist of houses built around 1940 to 1969, though there are also homes built in the more recent years. Most of the properties include three bedrooms, making them ideal for families.
In November 2021, Maple Shade, NJ is a seller’s market, which means there are more people looking to buy homes than there are available ones. Homes typically sell after 60 days on the market. Median days on market in the city have decreased since last month and slightly since last year.
A home’s average listing price goes up to $232,500, trending up 16.3% year after year. However, buyers end up negotiating the price down to $220,000.
The rise in home prices throughout the year showed no signs of abating, and it is likely that this trend will continue in December. With fewer homes on the market, prices are rising. Low interest rates and strong demand for housing among millennials have further tightened the market. Lumber prices are also higher than normal, which has pushed up the price of new construction.
Some sellers are caught in a bind when they want to sell their house quickly. Since there are few buyers, they have to wait for months before a potential buyer approaches them. They have other options in this case. For additional income, sellers may consider renting out their homes.
Alternatively, if they do not have the time or money to invest in renting out their home, homeowners may choose to sell directly to a cash buyer. These buyers make an upfront cash offer based on the market value of the home. Homeowners can expect to close the sale quickly or on their own schedule since the amount is typically lower than the preferred selling price.
Need To Sell Your House In Maple Shade?
If you’re wondering, “How do I sell my house in Maple Shade, NJ?”, it’s best to work with a professional. Aim High Properties, LLC has the resources and experience to buy your house today.
We’re a straightforward home buying company that can purchase your house fast. If you’d like to avoid the stress and hassle of listing your house, we’ll buy it as-is. We offer cash for houses in any condition and can close on your schedule.
If you need to sell your house fast for whatever reason, let us know and we’ll make you a fair cash offer within 72 hours. Call us at (856) 861-6000 today to speak to someone in our team.