July Sales for Bergen & Passaic County

Bergen County Single Family Homes for July Key Metrics 2019 2020 Change New Listings 899 915 + 1.8% Closed Sales 538 416 – 22.7% DOM* 48 58 + 20.8% Median PX $487K $480K – 1.3% % of PX 98.2% 98.2% – 0.0% Inventory 2,663 1,516 – 43.1% Months...

June Sales for Monmouth & Ocean

Monmouth County Single Family Homes for June Key Metrics 2019 2020 Change New Listings 1,046 1,153 + 10.2% Closed Sales 724 575 – 20.6% DOM* 51 57 + 11.8% Median PX $462K $505K + 10.2% % of PX 97.9% 97.8% – 0.1% Inventory 3,449 1,959 – 43.2% Months...

NJ and Wealthy Millennials on the Move

According to SmartAsset, the state from where the most rich Millennials are leaving is New York. New York lost a net 5,533 rich Millennials from 2017 to 2018. Recent anecdotal evidence is reinforcing this trend, with adjacent regions surrounding the New York City...

July Sales Morris and Middlesex Counties

Morris County Single Family Homes for July Key Metrics 2019 2020 Change New Listings 899 915 + 1.8% Closed Sales 538 416 – 22.7% DOM* 48 58 + 20.8% Median PX $487K $480K – 1.3% % of PX 98.2% 98.2% – 0.0% Inventory 2,663 1,516 – 43.1% Months...

New Jersey June Real Estate Sales

While much of the country was working on a phased reopening of the economy in June, real estate activity continued to strengthen as well. Nationally, June showing activity as tracked by ShowingTime was up notably from the COVID-19 depressed levels in recent months but...