Bergen & Passaic February Sales

Bergen County   Single Family Homes for February Key Metrics        2020    2021   Change New Listings      1,010     610    –39.6% Closed Sales        441     505     + 14.5% DOM*                   75       56    –  25.3% Median PX       $485K   $570K   + 17.5% % of...

Union & Essex County February Sales

Union County   Single Family Homes for February Key Metrics        2020    2021   Change New Listings         566     371    –34.5% Closed Sales        281     317     + 12.8% DOM*                   69        46    –  33.3% Median PX       $369K   $415K   + 12.2% % of...

Morris & Middlesex February Sales

Morris County   Single Family Homes for February Key Metrics        2020    2021     Change New Listings         744     428    – 42.5% Closed Sales        265     331    + 24.9% DOM*                   69        49    –  29.9% Median PX       $425K   $530K   + 24.7% %...

Monmouth & Ocean February Sales

Monmouth County   Single Family Homes for February Key Metrics        2020    2021   Change New Listings         920     596    –35.2% Closed Sales        357     444     + 24.4% DOM*                   73        52    –  28.8% Median PX       $450K   $549K   + 22.0% %...

February Sales in New Jersey

Mortgage interest rates ticked a bit higher in February, but remain below their February 2020 levels. Interest rates may rise a bit further in coming weeks, but according to Freddie Mac chief economist Sam Khater, “while there are multiple temporary factors driving up...