NJ September Single Family Homes Morris and Middlesex

Morris County Single Family Homes for September Key Metrics    2018   2019   Change New Listings  720   767   + 6.5% Closed Sales     393   388  – 1.3% DOM*              53        58     + 9.4% Median PX     $439K  $446K  + 1.7% % of PX      97.9%   97.5%   – 0.4%...

Monmouth and Ocean Single Family Sales

Monmouth County Single Family Homes for September Key Metrics    2018   2019   Change New Listings  848    932   + 9.9% Closed Sales     579   527    – 9.0% DOM*                59      59      0.0% Median PX     $450K  $440K  – 2.2% % of PX      97.9%   97.6%  – 0.3%...

NJ September Sales and Prices Climb

Nationally, buyer and seller activity remained strong, buoyed by low mortgage rates and a strong economy. The market fundamentals suggest no significant changes from recent trends, other than the seasonally tempered pace we see this time of year. As we move into the...

Existing Home Sales Increase

The National Association of Realtors reported that year-over-year existing home sales increased 3.9% from 2018. On a month-to-month basis, existing home sales decreased 2.2% from August to a seasonally adjusted annual rate of 5.38 million in September.  Inventory...

Real Estate Tips for the Pre-Move

Real Estate Tips for the Pre-Move Most individuals know at least six months to a year before the day that they are planning to sell their home and move. Moving is perhaps one of the most organizationally demanding events a person will have to manage. There are so many...