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October Sales for Bergen & Passaic Counties

Bergen and Passaic Counties Bergen County Single Family Homes for October Key Metrics         2022       2023     Change New Listings        571      517     – 9.5% Closed Sales        518        406     – 21.6% DOM*                38         32     – 15.8% Median PX ...

October Sales for Morris & Middlesex Counties

Morris and Middlesex Counties Morris County Single Family Homes for October Key Metrics       2022       2023     Change New Listings       400        356     – 11.0% Closed Sales      336        276     – 17.9% DOM*              33          28     – 15.2% Median PX ...

October Sales for Monmouth & Ocean Counties

Monmouth County Single Family Homes for October Key Metrics       2022       2023      Change New Listings      576        571      – 0.9% Closed Sales      483        441      – 8.7% DOM*               38         36      – 5.3% Median PX        $650K    $675K     + ...

NJ October Sales – Average Px $651K

U.S. sales of existing homes recently fell to a 13-year low, dropping 2.0% month-over-month and 15.4% year-over-year as of last measure, according to the National Association of REALTORS® (NAR), as surging interest rates and elevated sales prices continue to make...

2024 Visibility Checklist for Real Estate Agents

You can begin with this checklist of items that real estate agents can implement moving into 2024. Most professionals understand that generating leads is an ongoing discipline that calls for focus, investment of time, mental endurance, and agility. Here are some...

Boomers Are the Buyers Now

The median sales price for a home sold in New Jersey in October climbed 10.7% over 2022 to $491,000. In addition, the number of homes sold fell nearly 16% to just 7,329 homes. This is creating quite a squeeze between price and availability, which leads us to the next...

Marketing Psychology of Home Sellers and Home Buyers Pt.2

Cultivating Psychological Proximity: Psychological proximity focuses on creating a sense of shared values and mission. By understanding your prospective customer's motivations and aspirations, you can effectively cultivate the psychological proximity that lends to a...

New Home Construction Sentiment Falls Again

The National Association of Home Builders reported that it's HMI, Home Market Index, fell in November six points to 34. This is the fourth consecutive monthly drop in builder confidence and sentiment, totaling a decline of 22 points since July 2023, which represents...

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