February Sales for Bergen & Passaic Counties

Bergen and Passaic Counties Bergen County Single Family Homes for February Key Metrics         2022       2023     Change New Listings         645        440     – 31.1% Closed Sales        416         261     – 37.3% DOM*                     55          59      +...

February Sales Morris & Middlesex Counties

Morris and Middlesex Counties Morris County Single Family Homes for February Key Metrics       2022       2023     Change New Listings       408         283     – 30.6% Closed Sales      274         160     – 41.6% DOM*                   42           54      + 28.6%...

Lower Rates, Sustained Demand and Stable Supply

The demand for housing in the area of existing home sales climbed 14.5% in February. This represents a shift in the erosion of existing sales that had been on a 12th month skid. It also represents a 22.4% increase year-over-year, which is the largest since July 2020....

February Sales – Monmouth & Ocean Counties

Monmouth County Single Family Homes for February  Key Metrics       2022       2023      Change New Listings       538         495       – 8.0% Closed Sales      367         260       – 29.2% DOM*                   47           54        + 14.9% Median PX       ...

New Jersey February Sales

In its continued effort to curb inflation, the Federal Reserve raised its benchmark interest rate in February by a quarter-percentage point to 4.50% – 4.75%, its 8th rate hike since March of last year, when the interest rate was nearly zero. Mortgage interest...

Moving Report Card

Moving Report Card According to projections, in 2022, an estimated 331,449,281 people are living in the United States, an increase of 7.4% from the last census in 2010. ■ More than 27% of Americans reside in the three most populous states: Texas, California, and...