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.