by Anthony | Oct 2, 2023 | Uncategorized
Recent article in Fortune magazine talked about how builders will be in the driver’s seat because of the shortage of inventory over the next few years. The number of new homes being built has not slowed down, according to the recent KB Home article published in...
by Anthony | Sep 29, 2023 | Uncategorized
Morris and Middlesex Counties Morris County Single Family Homes for August Key Metrics 2022 2023 Change New Listings 417 348 – 16.5% Closed Sales 559 353 – 36.9% DOM* 26 26 + 0.0% Median PX $600K $680K + 13.3% % of PX 103.5%...
by Anthony | Sep 28, 2023 | Uncategorized
Bergen County Single Family Homes for August Key Metrics 2022 2023 Change New Listings 671 524 – 21.2% Closed Sales 719 568 – 21.0% DOM* 32 28 – 12.5% Median PX $679K $785K + 15.6% % of PX 101.6% 103.5% +...
by Anthony | Sep 27, 2023 | Uncategorized
Monmouth County Single Family Homes for August Key Metrics 2022 2023 Change New Listings 860 618 – 23.7% Closed Sales 623 459 – 26.3% DOM* 24 32 + 33.3% Median PX $675K $779K + 14.1% % of PX 102.3% 102.4% + 0.1% Inventory 1,728...
by Anthony | Sep 26, 2023 | Uncategorized
August 2023 For residential real estate activity in the state of New Jersey Higher mortgage rates, along with elevated sales prices and a lack of housing inventory, have continued to impact market activity during the summer homebuying season. The average 30-year...
by Anthony | Sep 25, 2023 | Uncategorized
August Median Sale Price for Monmouth County Homes Fell Slightly According to Realtor.com, the median listed price for a home in Monmouth County came in at $799,000 in August. This represents 0.1% drop from July’s $799,905. On a comparative basis, the median...
