So much for 2023… | New Jersey Real Estate Report

Jan 26, 2024 · Closed sales totaled 84,305 in New Jersey in 2023, a -22.1% percent change over 2022. The total market median sales price rose 6.3% in 2023 to $455,000, while the single-family market median sales price increased 6.3% to $502,500. While prices remained high in 2023, …

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So Much For 2023… | New Jersey Real Estate Report

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New Jersey Housing Market: House Prices & Trends - Redfin

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Nov 8, 2024 · In September 2024, home prices in New-Jersey were up 9.3% compared to last year, selling for a median price of $538,800. On average, the number of homes sold was down …

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New Jersey Real Estate Report | Real Estate, Economics, And Politics

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4 days ago · In North Jersey, Hudson was the only county to see a decrease in median listing prices compared with this time last year. Hudson County had a 0.01% decrease, with a …

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No End To Price Increases? | New Jersey Real Estate Report

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Nov 4, 2023 · From Zillow: Home prices could spike nearly 5% in 2024: Zillow. Anticipating mortgage rates to remain elevated and new home listings to slightly rise in the coming months, …

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New Jersey Real Estate Market Update - New For October 2024

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Oct 30, 2024 · New Listings Surge by 11.6%: More Options for Buyers. September 2023: 2,240 new listings. September 2024: 2,499 new listings (+11.6%) YTD 2024: 21,783 new listings …

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NJ Real Estate: New Home Listings Increase In North Jersey Counties

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Dec 5, 2023 · In contrast, Morris and Essex counties had the lowest listing increases — 11.31% and 3.67% — with median listing prices of $689,000 and $499,000, respectively. With an …

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NJ Real Estate Prices: See Rank In States With The Highest Increases

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Jan 20, 2024 · New Jersey ranked behind No. 1 Connecticut, with a 9.56% increase, as well as No. 2 Maine and No. 3 New Hampshire, with 8% and 7.49% increases, respectively. …

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New Jersey Housing Market 2023 Report - RealAdvisor

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Jan 17, 2023 · The real estate market in Warren is considered somewhat competitive. There were 25 homes sold in Oct 2022, with a median price of $930,000.The median price in Warren had …

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New Jersey Housing Market: Trends And Forecast 2025-2026

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Oct 21, 2024 · Forecast (31-12-2024): 0.8%. Forecast (30-09-2025): 4.4%. Atlantic City, known for its tourism and entertainment industries, is poised for more significant growth in 2025. The …

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New Jersey House Prices Rise At Fastest Rate In The Nation — But …

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Aug 1, 2023 · Despite having the highest property taxes in the nation, New Jersey ranked first as its homes rose in value by 6.9% in June year-over-year. Nationally, home prices grew 1.6% on …

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New Jersey Real Estate Market: Predictions For 2024 - Houzeo

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Apr 4, 2024 · Average Home Prices: New Jersey’s median home price is $494,900, up by 16.1% YoY. In 2024, the median sale price will keep increasing marginally due to NJ’s tight inventory. …

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FAQs about So much for 2023… | New Jersey Real Estate Report Coupon?

What is the New Jersey real estate market like from 2022 to 2023?

The New Jersey real estate market from December 2022 to December 2023 presents a nuanced picture with varying dynamics across different housing types. Here are the key takeaways: Single Family Homes: The market has seen a notable reduction in listings and sales, combined with significant price increases. ...

What will New Jersey's housing market look like in 2023?

New Jerseyans have survived the shockwaves of skyrocketing mortgage rates and rising home prices of 2023. Here’s what we predict for New Jersey’s housing market: Home Sellers Will Return to the Market in 2024: Sellers who chose the sidelines in 2023 will come back. Especially those who can’t avoid new jobs or want to move to a cheap place. ...

How did New Jersey's real estate market perform in August 2024?

August 2024 was a positive month for New Jersey's real estate market, with rising sales and prices indicating a robust recovery. The demand continues to outpace supply, creating a competitive environment for buyers, while sellers stand to benefit from the high prices and limited inventory. ...

What was the average rent price in New Jersey in March 2023?

On a national level, the median rent price in March 2023 was $1,996, up 4.7% year over year. Data firm Black Knight shows that 1.3% of homes with mortgages in New Jersey experienced foreclosure activity in February 2023, up 0.3% from a year prior. Delinquency rates declined 0.3% on a year-over-year basis to 3.2%. ...

What percentage of New Jersey homes sold above list price?

In September 2024, 54.7% of homes in New-Jersey sold above list price, down 2.7 points year over year. There were only 19.1% of homes that had price drops, up from 14.0% of homes in September last year. There was a 102.1% sale-to-list price, down 0.33 points year over year. … ...

What is the market for single-family homes in New Jersey in August 2024?

The market for single-family homes for sale in New Jersey in August 2024 is characterized by continued price growth, quick sales, and limited inventory. Buyers need to be well-prepared, act quickly, and have a flexible budget to navigate the competitive environment. ...