Morris and Middlesex Counties

Morris County Single Family Homes for May Key Metrics    2018   2019   Change New Listings  1,117   1,077 – 3.6% Closed Sales     441      468   + 6.1% DOM*              56        57      + 1.8% Median PX     $440K  $455K  + 3.4% % of PX      98.6%   98.7%    + 0.1%...

Monmouth and Ocean County May Sales

Monmouth County single-family sales remain stable for the month of May on a year-to-year basis. Even though clothes sales dropped by 5.5% the number of new listings increased from 1263 to 1265 year of the year. Median sales price also increased but only by 1.1% to...

NJ May 2019 Numbers

At this point in the year, we are getting a good sense for how the housing market is likely to perform for the foreseeable future. And although it is not a particularly exciting forecast, it is a desirable one. Markets across the country are regulating toward a middle...

Housing Starts Fall 4.7 Percent

Building Permits Privately‐owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,294,000. This is 0.3 percent (±1.3 percent)* above the revised April rate of 1,290,000, but is 0.5 percent (±1.4 percent)* below the May...