Bergen and Passaic County News

Bergen and Passaic Counties  Bergen County Single Family Homes for December Key Metrics       2020       2021     Change New Listings       475         338     – 28.8% Closed Sales      948         698     – 26.4% DOM*                   45           42      – 6.7%...

December Monmouth & Ocean County Sales

Monmouth County Single Family Homes for December Key Metrics       2020       2021     Change New Listings       591         442     – 25.2% Closed Sales      683         618     – 9.5% DOM*                   42           37      – 11.9% Median PX        $560K   ...

New Construction Sales

Nationally new home sales were found to have fallen in three out of four regions. The Northeast, Midwest and the South all experienced significant slowdowns of 34.1%, 23.3% and 17.5%, respectively. It was only in the West where the number of new residential home sales...

Q4 New Jersey Realtor Skinny

Q4 was a record-breaking year for the real estate industry. The median sales price increased 6.9% to $401,000 and buyer demand remains high. Mortgage interest rates are expected to rise in 2022 which could cool down the buyer...