MyMarketPulse (mymarketpulse.com) recently disclosed its April 2024 findings on the housing market conditions in Somerset County, New Jersey.
According to the latest data, Somerset County’s Median Sale Price was pegged at $567,500, showing an increase of 4.1% from the preceding month and a rise of 4.1% from the year before.
A total of 250 homes were sold in the region, indicating an increase of 44.5% from last month and a rise of 15.2% when compared with a year ago.
Additionally, the Median Days on Market for listings was observed at 17 days, 1 day shorter compared to the previous month and unchanged from last year.
With a Market Pulse Score of 90, the analysis suggests a falling trend in Somerset County’s housing market momentum.
For more information about the Somerset 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