September Sales for Monmouth & Ocean Counties

Monmouth and Ocean Counties  Monmouth County Single Family Homes for September Key Metrics     2020     2021     Change New Listings   1,069      701      – 34.4% Closed Sales    849      664      – 21.8% DOM*                 52         30      – 42.3% Median PX   ...

September Single Family Sales Fall In New Jersey

Nationwide, existing home sales were down slightly in August, falling 2% after two consecutive months of increases, according to the National Association of REALTORS®. The decline in existing home sales coincides with rising sales prices, which have continued to soar...

Nor’easter Hits New Jersey

Nor’easter hits New Jersey and New York with drenching rains. The storm seems to have developed a tight low-level center and is just offshore of Tom’s River, New Jersey. The storm is bearing some shades of subtropical development and the governors of New Jersey and...

Shortages Incite Rental Wars

As buyers over the last 15 months have eaten away at the inventory within the single-family home market, much of the rental inventory has been sold creating a similar shortage of homes available for rent. Even though it appears that the housing market is slowing down...