MyMarketPulse (mymarketpulse.com) recently disclosed its November 2024 findings on the housing market conditions in Morris County, New Jersey.

According to the latest data, Morris County’s Median Sale Price was pegged at $657,500, showing an increase of 1.2% from the preceding month and a rise of 6.9% from the year before.

During this period, 352 homes were sold in the area, reflecting a decrease 12.7% compared to the month beforeand and a decrease of 6.6% from the same month in the previous year.

The median time homes spent on the market was 19 days, which is down 2 days compared to last month and a decrease of 1 day over the previous year.

With a Market Pulse Score of 99, the analysis suggests a falling trend in Morris County’s housing market momentum.

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

MyMarketPulse (mymarketpulse.com) recently disclosed its November 2024 findings on the housing market conditions in Morris County, New Jersey.

November 2024’s data reveals a Median Sale Price of $657,500 for homes in Morris County. This figure represents a growth of 1.2% month-over-month and a 6.9% year-over-year decrease.

The region reported 352 home sales, marking a reduction of 12.7% from the prior month, and 6.6% decrease year-over-year.

Homes remained on the market for a median of 19 days, which is down 2 days from the month before and down 1 day from the previous year.

With a Market Pulse Score of 99, the analysis suggests a falling trend in Morris County’s housing market momentum.

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