MyMarketPulse (mymarketpulse.com) just released its analysis of the July 2024 market data for Morris County, New Jersey.
July 2024’s data reveals a Median Sale Price of $697,000 for homes in Morris County. This figure represents a decline of 3.2% month-over-month and a 10.6% year-over-year increase.
A total of 497 homes were sold in the region, indicating an increase of 5.3% from last month and a rise of 7.1% when compared with a year ago.
Homes remained on the market for a median of 17 days, which is up 2 days from the month before and unchanged from the previous year.
Morris County’s Market Pulse Score currently stands at 118 indicating a rising trend for the market.
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