In its February 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Salem County, New Jersey.
As of 2/2024, Salem County had a Median Sale Price of $230,000, which was unchanged from the previous month and up 4.50% from the prior year.
The region reported 55 home sales, marking an increase of 57.10% from the prior month, and 3.80% growth year-over-year.
The median time homes spent on the market was 51 day, which is up 4 days compared to last month and a decrease of 4 days over the previous year.
With a Market Pulse Score of 85, the analysis suggests a falling trend in Salem County’s housing market momentum.
For more information about the Salem County, New Jersey market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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