New Realities Force NAR to Revise 2023 Forecast

The median sales price for a home in May 2020 was $284,000. That was up 2.3% from 2019. Now compare that price to the least expensive state, West Virginia, where the average home price is $147,000. In some ways, the West Virginia home has greater access to highways,...

May Sales for Hudson County

Hudson County Single Family Homes for May Key Metrics 2022 2023 Change New Listings 149 110 – 26.2% Closed Sales 88 72 – 18.2% DOM* 44 38 – 13.6% Median PX $538K $495K – 7.9% % PX...

May Sales for Bergen & Passaic Counties

Bergen and Passaic Counties Bergen County Single Family Homes for May Key Metrics 2022 2023 Change New Listings 1,036 702 – 32.2% Closed Sales 655 485 – 26.0% DOM* 33 34 + 3.0% Median PX $690K $700K + 1.4% % of PX 103.9% 103.0%...