Real Estate Market Trends Report for Warren County, NJ – April 2024
Current Market Overview Warren County’s real estate market is currently showing significant signs of growth and seller advantage. Key Data Points Median Sold Price: The median sold price of properties, encompassing single-family homes and condos/townhomes/apartments, has risen to $405,000, reflecting a 5.19% increase month-over-month (MoM). This indicates a robust demand and upward pressure on prices. List to Sold Price Ratio: Properties are selling at 103.4% of their list price, up by 1.71% MoM. This suggests that bidding wars and competitive offers are common, often driving final sales prices above initial asking prices. Days on Market: Properties are moving quickly, with […]
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