by Anthony | Mar 27, 2020 | 2020 Trends, Essex County, NJ Monthly Sales Reports, NJ Real Estate News
Bergen and Essex counties reported marked increases in both the number of closed sales and median prices for single family homes during the month of February. What continues to plague these counties is the inventory shortage for Bergen and Essex to just 3.4 months...
by Anthony | Mar 26, 2020 | Morris County, NJ Monthly Sales Reports, Real Estate News
Morris County Single Family Homes for February Key Metrics 2019 2020 Change New Listings 668 743 + 11.2% Closed Sales 253 265 + 4.7% DOM* 80 69 – 13.8% Median PX $415K $425K + 2.4% % of PX 96.5% 97.1% + 0.7% Inventory 1,870 1,564 –...
by Anthony | Jan 24, 2020 | 2020 Trends, NJ Monthly Sales Reports, NJ Real Estate News
In 2019 home prices were up again in most markets. Buyer demand continues to be strong but with tepid seller activity still in many locations, total sales are lower than they would normally be in a more balanced market. While up from their recent lows a few months...
by Anthony | Oct 1, 2019 | NJ Monthly Sales Reports
Morris County Single Family Homes for August Key Metrics 2018 2019 Change New Listings 623 640 + 2.7% Closed Sales 625 607 – 2.9% DOM* 53 54 + 1.9% Median PX $471K $493K + 4.7% % of PX 98.3% 98.1% – 0.2%...
by Anthony | Sep 30, 2019 | Monmouth County NJ, NJ Monthly Sales Reports
Monmouth County Single Family Homes for August Key Metrics 2018 2019 Change New Listings 973 894 – 8.1% Closed Sales 827 761 – 8.0% DOM* 52 56 + 7.7% Median PX $465K $455K – 2.2% % of PX 97.9% 97.7% – 0.2%...
by Anthony | Aug 26, 2019 | NJ, NJ Monthly Sales Reports
In July, the U.S. economic expansion that began in June 2009 became the longest in the nation’s history, marking 121 straight months of gross domestic product growth and surpassing the 120-month expansion from 1991 to 2001. The average rate of growth during this...
Recent Comments