Gibbsboro's real estate market is currently hot with low inventory and high demand. Home prices have increased 41.6% in the past month alone. At the current pace, all available homes in Gibbsboro would sell out in just 0.7 months, indicating a continued supply shortage. Transaction volume is up 50% compared to what's typically expected this time of year. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (66.7%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Gibbsboro market with the affordability index at 1261.5. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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