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May 12, 2024

Warren County New Jersey Real Estate Market Trends - April 2024

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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Sussex County New Jersey Real Estate Market Trends - April 2024

Real Estate Market Trends Report for Sussex County, NJ – April 2024

Current Market Overview Sussex County’s real estate market is currently experiencing a vibrant phase with several key indicators pointing towards a seller’s market. Key Data Points Median Sold Price: The median sold price for properties in April 2024 was $400,000, marking a significant increase of 7.7% compared to the previous month. List to Sold Price Ratio: Homes are selling for 103.2% of their listed price, up 1.49% month-over-month, indicating strong demand and possibly multiple offer situations. Days on Market: Properties are selling faster, with a median of 21 days on the market, a decrease of 16% from the prior month.

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Morris County New Jersey Real Estate Market Trends - April 2024

Real Estate Market Trends Report for Morris County, NJ – April 2024

Current Market Overview Morris County’s real estate market is showing significant strength and dynamism as we move further into 2024. The data indicates a robust seller’s market, characterized by quick sales and high demand. Key Data Points Median Sold Price: The median sold price for properties (including single-family homes, condos, townhomes, and apartments) is currently at $640,000, showing a 1.54% increase month-over-month. Days on Market: Properties are selling quickly, with the median number of days on the market standing at 14, a decrease of 6.67% from the previous month. Price per Square Foot: The average price per square foot has

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