Inventory Continues to Climb

In September 2024, the housing market continued its upward trend in available homes for sale, marking the 11th consecutive month of inventory growth. Nationwide, the number of homes actively listed increased by 34.0% compared to the same period last year, the highest...

August Sales for Bergen & Passaic Counties

Bergen and Passaic Counties Market Comparison Bergen & Passaic Counties Housing Market Report August 2024 Market Analysis Bergen County – Single Family Homes The Bergen County housing market showed signs of tightening inventory in August 2024, with some key...

August Sales for Morris & Middlesex Counties

Morris and Middlesex Counties Morris County Single Family Homes for August Key Metrics 2023 2024 Change New Listings 358 348 – 2.6% Closed Sales 404 459 + 13.6% DOM* 25 22 – 12.0% Median PX $680K $750K + 10.4% % of PX 105.7%...

August Sales for Monmouth & Ocean

Monmouth County Single Family Homes for August Key Metrics 2023 2024 Change New Listings 628 678 + 8.0% Closed Sales 485 526 + 8.5% DOM* 33 35 + 6.1% Median PX $760K $765K + 0.7% % of PX 102.4% 102.6% + 0.2% Inventory 1,340 1,345 + 0.4% Months Supply 3.2 3.3 + 3.1%...

NJ August Monthly Real Estate Sales

U.S. existing-home sales increased for the first time in 5 months, as lower mortgage rates and rising supply helped boost market activity. According to the National Association of REALTORS® (NAR), sales of previously owned homes rose 1.3% month-over-month...