New Jersey was able to post positive results for all categories on a comparative basis in 2017.
New listings, pending sales, closed sales, median sales price, average sales price, percentage of price received and affordability all showed improvement.
■ New Listings + 1.8%
■ Pending Sales + 10.2%
■ Closed Sales + 0.2%
■ Median Price + 2.6%
■ Average Price + 4.3%
■ % Received + 0.7%
■ DOM* – 11.9%
* Days on Market
Where the numbers were not completely favorable was in affordability, which got more expensive, the inventory, and the months supply of homes for sale.