MyMarketPulse (mymarketpulse.com) has unveiled its analysis for March 2024, focusing on the property market trends in Morris County, New Jersey.

The Median Sale Price for properties in Morris County was documented at $650,000 for March 2024. This price point is an upward move of 7.4% from the previous month and shows a 19.3% rise from the year before.

A total of 283 homes were sold in the region, indicating an increase of 25.8% from last month and a drop of 22.3% when compared with a year ago.

The median time homes spent on the market was 16 days, which is down 8 days compared to last month and a decrease of 5 days over the previous year.

With the Market Pulse Score sitting at 86, the trend in Morris County’s housing market seems to be falling.

For more information about the Morris 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.

MyMarketPulse – What the Pros Know

MyMarketPulse (mymarketpulse.com) has unveiled its analysis for March 2024, focusing on the property market trends in Morris County, New Jersey.

The Median Sale Price for properties in Morris County was documented at $650,000 for March 2024. This price point is an upward move of 7.4% from the previous month and shows a 19.3% rise from the year before.

The area witnessed the sale of 283 homes during this period, which is a 25.8% increase from the preceding month and a decrease of 22.3% compared to the same timeframe last year.

Homes remained on the market for a median of 16 days, which is down 8 days from the month before and down 5 days from the previous year.

With a Market Pulse Score of 86, the analysis suggests a falling trend in Morris County’s housing market momentum.

For more information about the Morris 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.

MyMarketPulse – What the Pros Know