MyMarketPulse (mymarketpulse.com) has unveiled its analysis for March 2024, focusing on the property market trends in Passaic County, New Jersey.
The report shows that the Median Sale Price in Passaic County reached $512,500 as of March 2024, marking an increase of 1.1% over the previous month and a 11.2% rise compared to a year ago.
During this period, 146 homes were sold in the area, reflecting an increase 2.1% compared to the month beforeand and a decrease of 12.0% from the same month in the previous year.
Homes remained on the market for a median of 41 day, which is down 10 days from the month before and down 6 days from the previous year.
The Market Pulse Score for Passaic County is presently at 90, signaling a downward trajectory in the market’s activity.
For more information about the Passaic 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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