Let’s take a look at the housing market in Atco and Waterford Township over the last 12 months. It is clearly a seller’s market in these areas as it is across South Jersey and most of the country as we continue to see an urban exodus driven largely by the pandemic and civil unrest in our major cities. To put it bluntly, the suburbs and rural communities are finally “cool” again. 182 total homes sold in Atco and Waterford Township since February of 2020. A lack of inventory and surplus of buyers are to credit for this as low rates continue to encourage market stability. New listings continue to see great buyer turnout for showings, and are under contract in under 7 days on average! Remote work trends continue to drive larger home sales with the increased need for a home office among working buyers.

12 month housing market in Atco and Waterford Township

• Median home sale as of February 2020 was $188,564
• Median home sale price as of February 2021 is $221,161
• Increase of approx. 17.5% in 12 months
• Currently there are only 14 total homes for sale in Atco and 1 property for rent
• 59 homes have gone under contract or sold in the last 60 days in Atco

Jay Galante is your Atco REALTOR providing real estate services in Atco and Waterford Township. Galante is a customer focused agent with a wealth of experience in the industry.