New Jersey Real Estate Market: December 2024 Update

New Jersey Real Estate Market: December 2024 Update

The New Jersey real estate market experienced a significant seasonal slowdown in December 2024, mirroring national trends. This slowdown was the most pronounced in nearly two years, with several key factors influencing the market dynamics. Market Activity and Home...
Signs of a Cooling Market

Signs of a Cooling Market

Signs of a Cooling Real Estate Market: A Case Study on Price Trends and Taxes The real estate market has been on an unprecedented ride over the past few years, with properties selling above asking price and record-low inventory levels driving competitive bidding wars....
November Sales for Monmouth & Ocean Counties

November Sales for Monmouth & Ocean Counties

Monmouth County Single Family Homes for November Key Metrics 2023 2024 Change New Listings 443 414 – 6.5% Closed Sales 347 444 + 28.0% DOM* 35 39 + 11.4% Median PX $700K $745K + 6.4% % of PX 101.2% 100.5% – 0.7% Inventory 1,295...