MyMarketPulse (mymarketpulse.com) has unveiled its analysis for December 2024, focusing on the property market trends in Passaic County, New Jersey.
The Median Sale Price for properties in Passaic County was documented at $545,000 for December 2024. This price point is a downward move of 5.2% from the previous month and shows a 5.8% rise from the year before.
During this period, 191 home was sold in the area, reflecting an increase 11.7% compared to the month beforeand and an increase of 11.0% from the same month in the previous year.
The median time homes spent on the market was 29 days, which is unchanged compared to last month and a decrease of 12 days over the previous year.
The Market Pulse Score for Passaic County comes in at 103, pointing to a rising trend within the local real estate market.
For more information about the Passaic 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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