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The February Real Estate Market Stats

The Economy ■ Real Economic Growth grew by 3.3% in the 4th quarter ■ January job report shoed that 353,000 were added to the economy ■ Unemployment rate stayed at 3.7% ■ Hourly wages increased by 4.5% in January ■ Mortgage rates were 6.77% in February 2/15/24 January...

January Sales for Bergen & Passaic Counties

  Bergen and Passaic Counties Bergen County Single Family Homes for January Key Metrics         2023       2024     Change New Listings        452      420     – 7.1% Closed Sales        322      309     – 4.0% DOM*                    44         36     – 18.2%...

January Morris & Middlesex County Sales

Morris County Single Family Homes for January Key Metrics       2023       2024      Change New Listings      257        254      – 1.2% Closed Sales      208        182      – 12.5% DOM*                  43         35        – 18.6% Median PX        $600K    $650K ...

February Sales for Bergen & Passaic Counties

Bergen and Passaic Counties Bergen County Single Family Homes for February Key Metrics         2023       2024     Change New Listings         473        446     – 5.7% Closed Sales        265        251     – 5.3% DOM*                    59         40     – 32.2%...

January Sales for Monmouth & Ocean Counties

Monmouth County Single Family Homes for January Key Metrics       2023       2024      Change New Listings      459        438      – 4.6% Closed Sales      318        325      + 2.2% DOM*                  49         45        – 8.2% Median PX        $625K    $727K ...

January Single-Family Closed Sales Down Again

U.S. existing-home sales slipped 1.0% month-over-month and were down 6.2% year-over-year as of last measure, while pending sales jumped 8.3% from the previous month, marking the largest gain since June 2020, according to the National Association of REALTORS® (NAR)....

Work Loneliness Becomes an Epidemic

In a recent Inc. article, it stated that employees are incredibly lonely today. They point out that according to the Surgeon General, loneliness is actually a national emergency. The disconnection at work is a huge part of the problem. The Inc. article states, “The...

Raise Your Marketing Game In New Jersey Part 2

Navigating the Economy Pendulum Calls for 7 Strategies for Consistent Lead Generation and Referrals in 2024 1. Leverage Your Digital Marketing: In an era dominated by technology, agents should harness the power of digital marketing to reach a wider audience. Utilize...

Raise Your Marketing Game In New Jersey Part 1

Navigating the Economy Pendulum Calls for 7 Strategies for Consistent Lead Generation and Referrals in 2024 The real estate market, especially in the Northeast, despite experiencing a slight dip in existing-home sales from 2023, represents a challenging landscape from...

Brock Family Nursey in Freehold Is Being Sold

Freehold Nursery Sells to Hovnanian The Brock family-owned nursery and garden center in Freehold Township is in the process of selling its 128 acres of land to one of the nation's biggest home-building conglomerates. The land tract is located at the intersection of...

New Listings

422 St. Thomas Drive

104 Canterbury Lane, Toms River

51 Lions Head Blvd South, Brick, NJ
Just Listed Here

9 Edgewater Dr, Toms River, NJ
Just Listed

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504 Hooper Avenue, Toms River, NJ 08753

732.914.1400