July Sales for Bergen & Passaic Counties

Bergen and Passaic Counties Bergen County Single Family Homes for July Key Metrics 2022 2023 Change New Listings 837 602 – 28.1% Closed Sales 716 568 – 20.7% DOM* 29 27 – 6.9% Median PX $703K $708K + 0.6% %...

July Sales for Morris & Middlesex Counties

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 $620K $701K + 13.0% % of PX 104.8%...

July Sales Monmouth & Ocean Counties

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 + 5.0% % of PX 103.8% 102.8% – 1.0%...

Zillow’s 2024 Projections

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

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...