NJ December Sales for Morris & Middlesex Counties

Morris County Single Family Homes for December Key Metrics       2023       2024      Change New Listings      136          176      + 29.4% Closed Sales     296         338      + 14.2% DOM*                  34           33      – 2.9% Median PX        $661K   ...

NJ December Sales for Monmouth & Ocean Counties

Monmouth County Single Family Homes for December Key Metrics       2023       2024      Change New Listings      250          221      + 16.4% Closed Sales     380         421      + 10.8% DOM*                  42           43      + 2.4% Median PX        $668K   ...

Foreclosure Auction Volume Falls to 3-Year Low

Current Market Conditions The foreclosure market is showing interesting developments that could affect both buyers and sellers in your market. Here are the key trends to share with your clients: For Buyers The market is presenting some unique opportunities:...

NJ December Sales

In 2019 home prices were up again in most markets. Buyer demand continues to be strong but with tepid seller activity still in many locations, total sales are lower than they would normally be in a more balanced market. While up from their recent lows a few months...

Ocean County Begins Beach Replenishment

As Ocean County gears up for a major beach replenishment project, real estate professionals in the area should take note of how this initiative could impact local property values, community development, and market trends. Here’s a breakdown of what’s happening, why it...