Bergen and Passaic County Sales

Bergen and Passaic Counties  Bergen County Single Family Homes for January Key Metrics       2021       2022     Change New Listings       660         520     – 21.2% Closed Sales      662         558     – 15.7% DOM*                   48           46      – 4.2%...

Commercial Real Estate Remains Strong

The current state of commercial real estate remains solid, with several economic drivers seen as being responsible for this: ■ Low inventory of available inventory of existing starter homes ■ Inability of construction firms to meet demand for entry-level homes ■...

Morris & Middlesex County Sales

Morris and Middlesex Counties  Morris County Single Family Homes for January Key Metrics       2021       2022     Change New Listings       410         316     – 22.9% Closed Sales      392         335     – 14.5% DOM*                   41           37      – 9.8%...

Monmouth & Ocean January Sales

Monmouth County Single Family Homes for January Key Metrics       2021       2022     Change New Listings       611         488     – 20.1% Closed Sales      539         449     – 16.7% DOM*                   46           39      – 15.2% Median PX        $550K   ...

New Jersey January Sales

The 2022 real estate market begins where 2021 left off, in which existing home sales reached their highest level since 2006, with the National Association of REALTORS® reporting sales were up 8.5% compared to the previous year as homebuyers rushed to take advantage of...