In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Somerset County, New Jersey.
For August 2024, the data showcases a Median Sale Price of $662,000 in Somerset County, a drop of 1.2% from the last month and an increase 16.9% from the same period the previous year.
The area witnessed the sale of 376 homes during this period, which is a 5.6% increase from the preceding month and an increase of 3.6% compared to the same timeframe last year.
The Median Days on Market was 19 days, unchanged from the previous month and unchanged from the prior year.
Somerset County’s Market Pulse Score currently stands at 127 indicating a rising trend for the market.
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.
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