July Sales for Morris & Middlesex Counties

by | Aug 30, 2023 | Uncategorized

Morris and Middlesex Counties Morris County Single Family Homes for July Key Metrics       2022       2023     Change New Listings       573        391     – 31.8% Closed Sales      516        358     – 30.6% DOM*              21          24     + 14.3% Median PX     ...

July Sales Monmouth & Ocean Counties

by | Aug 29, 2023 | Uncategorized

Single Family Homes for July Monmouth County Key Metrics       2022       2023      Change New Listings      836        636      – 23.9% Closed Sales      593        450      – 24.1% DOM*               26         28      + 7.7% Median PX        $675K    $709K     + ...

Zillow’s 2024 Projections

by | Aug 28, 2023 | Uncategorized

This is one crazy market that makes anyone who tries to guess its direction a gambler. The National Association of Realtors reported that prices for homes were going down for the last six to nine months and for each quarter they’ve been wrong. Even Zillow...

July Median Single-Family Price Hit $536,500

by | Aug 25, 2023 | Uncategorized

Affordability constraints have continued to limit homebuying activity this summer, with existing-home sales falling 3.3% month-over-month nationwide as of last measure, according to the National Association of REALTORS® (NAR). Mortgage rates have approached 7% in...