MyMarketPulse (mymarketpulse.com) just released its analysis of the August 2024 market data for Morris County, New Jersey.
August 2024’s data reveals a Median Sale Price of $700,000 for homes in Morris County. This figure represents a growth of 0.7% month-over-month and a 10.1% year-over-year increase.
The region reported 575 home sales, marking an increase of 15.5% from the prior month, and 11.9% growth year-over-year.
Furthermore, homes in Morris County were on the market for an average of 17 days before selling, reflecting unchanged of days month-over-month and a decrease of 1 day day year-over-year.
With the Market Pulse Score sitting at 124, the trend in Morris County’s housing market seems to be rising.
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.
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