Market Data by County

Data From 10/21/24 - 11/17/24

NJ County	New Listings	Median Sale Price	Days On Market/YoY
BERGEN	163 (11%)	$683k (10%)	71 / 1
ESSEX	111 (-4%)	$638k (13%)	28 / -11
PASSAIC	72 (6%)	$573k (10%)	32 / -8
MORRIS	91 (5%)	$650k (5%)	19 / -2
HUDSON	103 (-1%)	$705k (14%)	38 / -8

*ABOVE IS THE MOST RECENT Year-Over-Year DATA FROM REDFIN

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Northern NJ Market and Inflation Report

Market Data:

Home sales continue to remain up this week as inventory stays relatively the same. Only Passaic county took a drop in home inventory but we are only talking about a 4 home difference from last week!

Take a look at Altos research article below to see what the experts are predicting the 2025 market to look like.

If you have any questions about the market in your area, feel free to reply to this email or call me.

Comparing the U.S. Market to New Jersey

U.S. vs New Jersey	# of Homes For Sale	Median Sale Price
U.S.	+12.6%	+5.2%
New Jersey	+7.3%	+8.8%

Today's Mortgage Rates : Daily Index

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.