by Anthony | Feb 4, 2025 | Uncategorized
The start of 2025 brings promising developments for the New Jersey housing market, as revealed in the latest housing data. Despite the challenges posed by elevated mortgage rates, there are signs of increased activity and shifting dynamics that could benefit both...
by Anthony | Feb 3, 2025 | Uncategorized
For 2024, Monmouth County reported the second-highest average home sale price among New Jersey counties, surpassing the $800,000 threshold for the first time. A report issued by New Jersey Realtors indicated that the ongoing inventory shortage, combined with the...
by Anthony | Jan 31, 2025 | Uncategorized
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by Anthony | Jan 30, 2025 | Uncategorized
Morris County Single Family Homes for December Key Metrics 2023 2024 Change New Listings 136 176 + 29.4% Closed Sales 296 338 + 14.2% DOM* 34 33 – 2.9% Median PX $661K $704K + 6.4% % of PX 103.5% 103.8% – 0.3% Inventory 384 407...
by Anthony | Jan 29, 2025 | Uncategorized
Monmouth County Single Family Homes for December Key Metrics 2023 2024 Change New Listings 250 221 + 16.4% Closed Sales 380 421 + 10.8% DOM* 42 43 + 2.4% Median PX $668K $730K + 9.4% % of PX 100.4% 99.9% – 0.5% Inventory 1,065 891...
by Anthony | Jan 28, 2025 | Uncategorized
Current Market Conditions The foreclosure market is showing interesting developments that could affect both buyers and sellers in your market. Here are the key trends to share with your clients: For Buyers The market is presenting some unique opportunities:...
