UPDATE: A stunning home in Vineland has just sold for $550,000, making it the most expensive residential real estate sale in Cumberland County for the week of September 8-14. This sale highlights the booming real estate market in the region, where a total of 35 properties changed hands, with an average sale price of $253,974.
The Vineland property, located at 3630 Venturi Lane, boasts a spacious 2,080 square feet and was built in 2013. The transaction, finalized on August 14, translates to a price of $264 per square foot.
The demand for homes in Cumberland County continues to surge, reflecting broader trends in the real estate market. Here are the other notable sales from the past week:
10. $296K – Single-family residence at 3790 Cedarville Road, Cedarville. Sold for $296,440, finalized on August 15.
9. $315K – Single-family home at 567 Ackley Road, Newport. Sold for $315,000, finalized on August 19.
8. $326K – Single-family home at 859 Columbia Ave., Newfield, sold for $325,750, finalized on August 14.
7. $370K – Single-family residence at 128 Cottage Street, Millville. Sold for $370,000, finalized on August 18.
6. $370K – Single-family house at 735 Morton Ave., Bridgeton. Sold for $370,000, finalized on August 14.
5. $375K – Single-family residence at 1890 Greenwillows Drive, Vineland, sold for $375,000, finalized on August 19.
4. $375K – Single-family home at 593 W. Garden Road, Vineland, sold for $375,000, finalized on August 14.
3. $387K – Detached house at 116 Beebe Run Road, Bridgeton. Sold for $386,500, finalized on August 14.
2. $387K – Single-family home at 49 Husted Station Road, Bridgeton. Sold for $387,000, finalized on August 19.
The ongoing trend of rising home prices underscores the increasing demand for real estate in the area. According to data from Propmix, the average price per square foot across all sales was $113.
With these developments, potential buyers are urged to act quickly as inventory remains limited and prices are climbing. Keep an eye on the Cumberland County market as it continues to evolve in the coming weeks.
This report is part of a service provided by United Robots, leveraging machine learning to compile and analyze real estate data. For those looking to buy or sell, now may be the time to engage with local real estate professionals.
