Median Home Sales Rise in NJ

There were 23,627 homes for sale in November 2022, a 13% decline over last year. ■ Median sales prices are up 7.8% year-to-date in the total market, while new listings and closed sales dropped in November 2022. ■ Existing home and pending home sales have continued to...

Monmouth & Ocean County November Sales

Monmouth County Single Family Homes for November Key Metrics       2021       2022      Change New Listings       441         423       – 4.1% Closed Sales      619         423       – 31.7% DOM*                   37           34        – 8.1% Median PX        $580K ...

Buyers Beware, Builders Are Bargaining 

THE ONE THING: New home sales climbed by nearly 6% HUD and the US Census Bureau published figures for new home sales in the month of November 2022. The government reported a seasonally adjusted annual rate of 640,000, which represents an increase of 5.8% from October....