The New Jersey Skinny for Q3 - 2015...Steady As She Goes!

By
Real Estate Agent with Coldwell Banker, Westfield, NJ

Housing Market

The New Jersey Skinny
Q3 - 2015

Steady As She Goes!

The 3rd Quarter for 2015 is already over.  Holy cow!  Where does the time go?  Before you know it, we'll be eating turkey and bundling up.  But the real estate market in New Jersey is still steady.  Median prices statewide remained steady, year-over-year for the 3rd straight season.  Inventory levels have dipped, while pending and closed sales were up.  What does this mean?  Check out this quarter's New Jersey Skinny to find out!!

Keep an eye on stats such as Days on Market, Absorption Rate, and List Price-to-Sales Price Ratio for insights into where things are headed throughout the year.

 

If you are thinking about making a move or have any real estate needs, please CONTACT ME!!

Comments (2)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for the market update in new jerseyI love finding out what is going on around the country 

Oct 26, 2015 02:58 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

TG - Thanks for the detailed market stats in New Jersey for 3rd quarter of 2015.

Oct 26, 2015 05:39 AM