MyMarketPulse (mymarketpulse.com) recently disclosed its May 2024 findings on the housing market conditions in Monmouth County, New Jersey.
According to the latest data, Monmouth County’s Median Sale Price was pegged at $720,000, showing an increase of 2.9% from the preceding month and a rise of 12.3% from the year before.
Sales of homes in the region saw 472 homes changing hands. This represents an increase of 5.8% from the month before and down 4.1% compared to the same month last year.
Additionally, the Median Days on Market for listings was observed at 18 days, 3 days shorter compared to the previous month and shorter by 33 days from last year.
With a Market Pulse Score of 101, the analysis suggests a rising trend in Monmouth County’s housing market momentum.
For more information about the Monmouth 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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