Published October 21, 2026 in Market Update

The $600K to $700K Range Gets More Than It Asks

By Amy Rossano

Real estate, Cherry Hill & Voorhees

Everyone chases the top of the market or hunts for a deal below $400,000. The $600,000 to $700,000 range in Cherry Hill and Voorhees sits in the middle and gets overlooked. I pulled every listing through October 2, 2026, and this band outperformed every other price range in the market.

The Band Nobody Talks About Held Up Best

Of the 72 homes that sold in the $600,000 to $700,000 range, 84.7% sold at or above what they first asked. That is the highest share of any price range in this market. The range above it, $700,000 and up, came in at 63.9%. That is a gap of 20.8 percentage points.

The homes that buyers and sellers treat as ordinary are the ones performing best. The $700,000-and-up range had 97 sales and still could not match the $600,000 to $700,000 range on this measure. More homes, worse result.

The $400,000 to $600,000 range came in at 78.3% across 120 sales. Under $400,000 was 64.4% across 90 sales. The $600,000 to $700,000 band beat all three. That is not a small edge. It is the clearest pattern in the file.

What the Give-Up Rate Tells You

Selling at or above asking is one side of the story. The other side is how many homes never sold at all. In the $550,000 to $650,000 band, only 8.2% of homes came off the market with no sale. That is the lowest give-up rate of any range in the file.

Go above $650,000 and the picture changes. In the $650,000 to $750,000 range, 20.6% gave up. At $750,000 and up, 22.6% gave up. Nearly one in four homes at the top of the market came off the market without a sale.

The typical first asking price of homes that gave up across the whole market was $650,000. The typical first asking price of homes that sold was $579,900. That $70,100 gap is not a coincidence. Homes priced into the upper ranges faced a harder path.

Who Can Ignore This

If your home is well under $400,000 or well over $750,000, this specific band is not your market. The $600,000 to $700,000 finding does not mean every price range behaves the same way. It does not. Homes at the top of the market faced a much harder road, and smaller homes under $400,000 had a give-up rate of 15.9%.

This also does not mean every home in the $600,000 to $700,000 range sold fast or easy. The whole market's typical time to sell was 10 days, but homes that sat past the first month gave back real money. The typical home sold in month two closed at 96.7% of what it first asked. The ones that sold in the first month closed at 102.7%. The range matters, and so does the timing.

What to Do With This

If you are selling, the $600,000 to $700,000 range is where demand is clearest right now in Cherry Hill and Voorhees. The whole market moved fast, with a typical 10 days to sell and a sold price of 100.5% of the last asking price. But this band did better than that. If your home sits near the top of this range, pricing it there rather than pushing into the $700,000-and-up territory could mean the difference between a sale and a give-up.

If you are buying in this range, go in ready. More than 8 in 10 sellers here got their full price or more. Lowball offers are not landing. The 30-year fixed-rate mortgage averaged 7.40% as of October 15, 2026, according to Freddie Mac's Primary Mortgage Market Survey, up from 6.27% a year ago. Rates are higher, but the competition in this band has not gone away. Know your number before you walk in.