MyMarketPulse (mymarketpulse.com) recently disclosed its August 2024 findings on the housing market conditions in Passaic County, New Jersey.
The Median Sale Price for properties in Passaic County was documented at $540,000 for August 2024. This price point is a downward move of 2.6% from the previous month and shows a 3.6% rise from the year before.
A total of 237 homes were sold in the region, indicating a decrease of 2.9% from last month and a rise of 3.9% when compared with a year ago.
The median time homes spent on the market was 23 days, which is up 2 days compared to last month and a decrease of 8 days over the previous year.
With the Market Pulse Score sitting at 114, the trend in Passaic County’s housing market seems to be rising.
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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