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4 days ago · In October 2024, home prices in New-Jersey were up 8.8% compared to last year, selling for a median price of $533,700. On average, the number of homes sold was up 1.0% year over year and there were 7,575 homes sold in October this year, up 7,497 homes sold in October last year. The median days on the market was 37 days. …. The direction and ...
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The open and spacious floorplan includes a brand-new custom...
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Jun 12, 2023 · 0:34. New Jersey home prices have increased 17.79% between April of 2021 and 2023, according to a New Jersey Real Estate Network analysis of data on real estate website Zillow. Coming out of the ...
The home values in Union and Mercer Counties reflect 11.1% and 15.6% increase respectively from the median prices in 2020. Median single-family home prices increased by 9.7% in Bergen County and 14.0% in Monmouth County. One can interpret a lower percentage increase to mean less buying pressure.
While income per capita in the state rose 5.4%, the median home sales price in the New Jersey rose by close to double that pace (10%) from November 2020 to November 2021. So, on average, the price received for a single-family home in the state drifted upward from about 95% of list price—the rule of thumb from April 2013 through May 2020—to 103% by June 2021 when the buying frenzy peaked. [3]
Oct 13, 2021 · Here are the 25 N.J. places where prices increased the most during the pandemic, the price from early 2020, the most recent price and the percent it changed: 25. Linwood — $223,000 to $338,000 ...
Apr 1, 2022 · Home real estate markets intensified in 2021 due to what appears to have been a buyer frenzy that drove single-family home prices steeply upward across the State of New Jersey. More single-family homes closed despite fewer listings in New Jersey.
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Feb 21, 2023 · The result was a paradox: Sales of single-family homes in New Jersey declined by 18.6% in 2022, but the median sales price rose from $435,000 in 2021 to $473,000 in 2022, or nearly 9%, according ...
