by Anthony | Nov 2, 2023 | Uncategorized
The evaporation of available existing housing is unbelievable. Back in September 2018 there were over 41,000 homes available on the market in New Jersey. Today that number is less than 14,000, plus the average price for a New Jersey home has climbed to $670,000. This...
by Anthony | Nov 1, 2023 | Uncategorized
Hudson County Single Family Homes for September Key Metrics 2022 2023 Change New Listings 133 89 – 33.1% Closed Sales 73 67 – 22.3% DOM* 29 32 + 10.3% Median PX $550K $575K + 4.5% % PX...
by Anthony | Oct 31, 2023 | Uncategorized
Bergen County Single Family Homes for September Key Metrics 2022 2023 Change New Listings 670 526 – 21.5% Closed Sales 609 473 – 22.3% DOM* 34 31 – 8.8% Median PX $652K $689K +...
by Anthony | Oct 30, 2023 | Uncategorized
Morris and Middlesex Counties Morris County Single Family Homes for September Key Metrics 2022 2023 Change New Listings 429 401 – 6.5% Closed Sales 445 308 – 30.8% DOM* 32 28 – 12.5% Median PX ...
by Anthony | Oct 27, 2023 | Uncategorized
Monmouth County Single Family Homes for September Key Metrics 2022 2023 Change New Listings 624 574 – 8.0% Closed Sales 587 445 – 24.2% DOM* 32 33 + 3.1% Median PX $640K $670K ...
by Anthony | Oct 26, 2023 | Uncategorized
National sales of existing homes recently fell to a 7-month low, as surging borrowing costs, rising sales prices, and limited inventory continue to keep many would-be buyers out of the market. Borrowers have become increasingly sensitive to fluctuations in mortgage...