Northern NJ Market News

Joseph Charles | NJ Realtor

Happy Easter Weekend!

Wishing you and your family a very Happy Easter weekend.


Below is a link from "NJkids" showing all events going on this weekend.

Easter Weekend Events
JUST LISTED HOMES
JUST LISTED CONDOS
JUST REDUCED

Market Data by County

(NEW) Data From 02/26/24 - 03/24/24

NJ

County

New

Listings

Median

Sale Price

Days

On Market

BERGEN

187 (-4%)

$670k (11%)

75 / -14

ESSEX

143 (1%)

$583k (14%)

39 / -7

PASSAIC

80 (1%)

$517k (9%)

43 / -12

MORRIS

112 (4%)

$642k (20%)

18 / -6

HUDSON

125 (5%)

$690k (18%)

52 / -24

*ABOVE IS THE MOST RECENT YTD DATA FROM REDFIN

NOTABLE CHANGES FROM LAST UPDATE

The median sales prices for single-family homes in Essex, Passaic, and Morris counties have slightly increased. However, Bergen and Hudson counties experienced a decrease, with Bergen dropping by $22,000 and Hudson by $5,000. This isn't unexpected given the significant increases they saw earlier this year.


Inventory has been increasing across all Northern New Jersey counties, with only Bergen County remaining below the 2023 average for newly listed homes.


Hopefully, the trend of more homes being listed for sale continues to surpass 2023 levels. This could help stabilize home sale prices and create a more balanced market.


All Northern NJ Homes For Sale!

Today's Mortgage Rates

View today's current mortgage rates with our national average index, calculated daily to bring you the most accurate data when purchasing or refinancing your home. Follow our daily market analysis with Mortgage Rate Watch and we'll tell you where and why rates are moving.

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Many Home Options in Wayne, NJ


Right now there are around 71 condo's and single family homes for sale in Wayne NJ.


Wayne Township located in Passaic County and is considered a balanced suburban community. The township is known for its excellent schools, shopping and easy commute to NYC. It's bigger than most at around 25 sq. miles with 54,000 residents.


See Morris County Homes Here

What To Do This Spring In NJ

Fun Things to Do Outside in New Jersey This Spring

Here's how to have fun this spring in New Jersey at events, activities and places all over the Garden State.

Read More

FREE 2024 CALENDAR AVAILABLE

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Joseph Charles | eXp Realty

cell: 973-715-8766

office: 866-201-6210 ext 2259

email: joecharlesnj@gmail.com

 

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Joe is a member of the following

 Multiple Listing Services:

 

Garden State (GSMLS)

New Jersey (NJMLS)

 

Actively Licensed:

New Jersey Real Estate Commission (NJREC)

North Central Jersey Association of Realtors (NCJAR)

 

NJ Realtors Circle of Excellence Award

Certified Mentor with eXp Realty

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28 Valley Rd Suite 1, Montclair, NJ 07046

office: 866-201-6210 ext 2259

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