Mount Laurel experienced a flurry of real estate activity from April 15th to 21st, with three homes finding new owners. The most impressive sale was a 1,875-square-foot residence on Buckingham Way, which fetched a tidy sum of $400,000. This equates to a price of $213 per square foot, a testament to the property’s desirability and the area’s growing real estate market. The median sale price for homes in Mount Laurel during this period was also an impressive $400,000, reflecting the overall strength and stability of the local housing market.
Another noteworthy transaction took place at 516 Hydrangea Drive, where a 1,430-square-foot home sold for $385,000. This translates to $269 per square foot, indicating a higher price per square foot compared to the Buckingham Way property. This may be due to factors such as the home’s location, amenities, or condition.
The third transaction was the sale of a 1,819-square-foot home at 701 Chickory Drive for $415,000. This equates to a price of $228 per square foot, falling slightly below the Buckingham Way property but still within a competitive range for the area.
These transactions highlight the continued vibrancy of the Mount Laurel real estate market. Homebuyers are actively seeking properties in the area, and sellers are seeing strong returns on their investments. The median sale price of $400,000 demonstrates the area’s desirability and the potential for continued growth in the future.
