Want to find Moorestown luxury homes for sale? Buying a luxury home is different from buying a traditional home. Not only are there fewer homes for sale, but many luxury homeowners don’t even list their properties online.
In this blog, our team at Your Home Sold Guaranteed Realty - Nancy Kowalik Group will discuss what to know about the housing market and buying a luxury home in Moorestown.
- Moorestown’s real estate market is neutral. In recent months, the median home sale price in the area was $632,500.
- Luxury homes in Moorestown can be found in neighborhoods like Brandywine Glen, Laurel Creek Villas, and Northwest Estates.
- Considering that many luxury homes can’t be found online, it’s essential to work with an experienced realtor. A professional can leverage their connections to discover the latest properties as they hit the market.
What’s the Current State of Luxury Real Estate in Moorestown?
Moorestown’s real estate market is neutral. In recent months, the median home sale price in the area was $632,500, marking a slight uptick of nearly 0.5% compared to the previous year. Homes typically sell after 33 days, which is an increase of 16 days compared to the same point last year.
The market has a sale-to-list price ratio of 99.8%, with 36.4% of homes selling above their initial asking price. Additionally, 16.1% of listed properties have experienced price drops since their initial listing.
In Moorestown, there are around 30 luxury homes on the market, ranging in price from $900,000 to $4.3 million.
Is it Hard to Find Luxury Homes in Moorestown?
- Brandywine Glen: Large homes and tree-lined streets are a feature of this neighborhood, where closed prices fall between $760,000 to $1,500,000, with a median sale price of $1,130,000.
- Laurel Creek Villas: Known for its prestigious golf course and upscale homes, Laurel Creek offers a high-end living experience. Homes cost anywhere from $600,000 to $851,000, with a median price of $705,000.
- Northwest Estates: This neighborhood features luxurious homes that range in size from 2,564 to 5,902 square feet. Closed prices fall between $575,000 to $1,350,000 with a median price of $1,070,000.
- Peachtree Point: This luxury neighborhood has homes that range in size from 3,410 to 8,977 square feet and cost between $874,000 to $1,520,000. The median sale price is $1,100,000.
- Stanwick Glen: This gated community boasts exquisite custom homes that range in size from 2,446 to 10,924 square feet. Homes cost anywhere from $575,000 to $1,250,000, with a median price of $785,000.
What Can You Expect from Luxury Homes in Moorestown?
- Security Systems: Enhanced security features like gated entrances, surveillance systems, smart technology, and secure access control are prevalent in luxury homes.
- Separate Guest Houses: Additional guest houses are common, offering private accommodations for visitors or staff.
- Custom Designs: Luxury homes frequently feature custom design elements tailored to the homeowner’s preferences, from grand entryways to unique architectural details.
- Outdoor Amenities: Luxury homes often have beautifully landscaped grounds with features like swimming pools, hot tubs, outdoor kitchens, fire pits, lush gardens and other upscale outdoor living areas.
- Spaciousness: Luxury homes are typically larger than most homes on the market, with expansive living areas, high ceilings, large bedrooms and bathrooms, and custom home offices.
How Can You Easily Search for Luxury Homes in Moorestown?
Searching for luxury homes for sale in New Jersey requires a different approach than looking for traditional properties. It’s best to use a combination of online, in-person, and traditional print methods to find upscale homes.
However, considering that many luxury homes can’t be found online, it’s essential to work with an experienced realtor. A professional can leverage their connections to discover the latest upscale properties as they hit the market. In addition, they have access to exclusive databases like the Multiple Listing Service.
They can also help you find real estate auctions, investment groups, and online groups in the luxury market. They’ll also be familiar with all the luxury neighborhoods in the area and can point you toward a community that fits your preferences and budget.
How Can the Nancy Kowalik Group Assist You in Your Luxury Home Journey?
Ready to find Moorestown luxury homes for sale? If you want to find an upscale home that meets your needs and budget, then work with Nancy Kowalik and Your Home Sold Guaranteed Realty - Nancy Kowalik Group.
With over 16+ years of experience in the real estate industry, we have proudly worked with hundreds of luxury home buyers and earned many five-star reviews for our services.
Clients love working with us because of our unmatched customer service, negotiation skills, and exclusive buyer guarantees. These guarantees include our Buy it Back Guarantee and Buyer Cancellation Guarantee, which make your home-buying journey stress-free and risk-free.