In its December 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Morris County, New Jersey.
The Median Sale Price for properties in Morris County was documented at $640,000 for December 2024. This price point is a downward move of 2.7% from the previous month and shows a 6.3% rise from the year before.
The area witnessed the sale of 410 homes during this period, which is a 20.6% increase from the preceding month and an increase of 14.8% compared to the same timeframe last year.
The Median Days on Market was 21 day, up 2 days from the previous month and unchanged from the prior 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.
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