MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Mercer County, New Jersey.
According to the latest data, Mercer County’s Median Sale Price was pegged at $520,000, showing an increase of 13.0% from the preceding month and a rise of 10.4% from the year before.
The area witnessed the sale of 191 home during this period, which is a 20.1% increase from the preceding month and an increase of 7.9% compared to the same timeframe last year.
The median time homes spent on the market was 31 day, which is unchanged compared to last month and an increase of 4 days over the previous year.
Mercer County’s Market Pulse Score currently stands at 101 indicating a rising trend for the market.
For more information about the Mercer 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