Buyers Still Want to Buy

The home buyers are still here… they are now discovering different approaches to buying a home. Inventory shortages are loosening up. And mortgage rates are slowly, very slowly retreating. But one thing that hasn’t changed is buyer’s demand. People...

Crazy Results Come from Good Planning

Crazy Results Come from Good Planning A recent story covered the fact that a Hoboken home, a brownstone received an offer of $350,000 above its asking price, selling for $3.65 million. Of course, it was a pretty extensive home with six bedrooms and four-and-a-half...

April Sales for Hudson County

Hudson County Single Family Homes for April Key Metrics 2023 2024 Change New Listings 80 114 42.5% Closed Sales 51 64 25.5% DOM* 49 40 – 14.4% Median PX $525K $519K – 1.1% % PX Rec’d 99.8% 101.3% 1.5%...

April Sales for Bergen & Passaic Counties

Bergen and Passaic Counties Bergen County Single Family Homes for April Key Metrics 2023 2024 Change New Listings 612 694 13.4% Closed Sales 342 345 0.9% DOM* 37 29 – 21.6% Median PX $653K $736K + 12.8% % of PX 102.7% 104.0% + 1.3% Inventory 1,129...

April Sales for Morris & Middlesex Counties

Morris and Middlesex Counties Morris County Single Family Homes for April Key Metrics 2023 2024 Change New Listings 453 537 + 18.5% Closed Sales 229 267 + 16.6% DOM* 35 26 – 25.7% Median PX $620K $680K + 9.7% % of PX 103.8% 107.1% + 3.2% Inventory...

April Sales for Monmouth & Ocean Counties

Monmouth County Single Family Homes for April Key Metrics 2023 2024 Change New Listings 603 664 + 10.1% Closed Sales 335 399 + 19.1% DOM* 38 40 + 5.3% Median PX $685K $750K + 9.5% % of PX 101.0% 101.7% + 0.7% Inventory 1,161 1,047 – 9.8% Months...