High Growth Pockets

Real estate is all about location. So, tell me something I don’t know! Well, it may be about location, but the dynamics and the market demands of the way we look at various market niches is going to change. Granted, the low inventory, the high prices and the...

June Prices for Morris & Middlesex Counties

Morris and Middlesex Counties Morris County Single Family Homes for June Key Metrics       2023       2024     Change New Listings       465        491     + 5.6% Closed Sales      429        375     – 12.6% DOM*                  23          23         0.0% Median PX ...

June Prices for Monmouth & Ocean Counties

Monmouth County Single Family Homes for June Key Metrics       2023       2024      Change New Listings      673        716      + 6.4% Closed Sales      521        473      – 18.8% DOM*                  36         33        – 8.3% Median PX        $690K    $763K   + ...

New Jersey June Home Sale Prices

U.S. existing-home sales declined for the third consecutive month, as higher mortgage rates and rising sales prices hindered market activity during what has traditionally been one of the busiest months of the year. According to the National Association of REALTORS®...

Zillow Reports Average NJ Value $535,000

20,661 For sale inventory (June 30, 2024) 9,177 New listings (June 30, 2024) 1.015 Median sale to list ratio (May 31, 2024) $458,000 Median sale price (May 31, 2024) $529,963 Median list price (June 30, 2024) 59.0% Percent of sales over list price (May 31, 2024) 28.9%...