MyMarketPulse (mymarketpulse.com) recently disclosed its December 2024 findings on the housing market conditions in Somerset County, New Jersey.
As of 12/2024, Somerset County had a Median Sale Price of $600,000, which was down 2.4% from the previous month and up 12.1% from the prior year.
A total of 283 homes were sold in the region, indicating an increase of 14.6% from last month and a rise of 32.2% when compared with a year ago.
Additionally, the Median Days on Market for listings was observed at 24 days, 3 days longer compared to the previous month and longer by 3 days from last year.
Somerset County’s Market Pulse Score currently stands at 101 indicating a rising trend for the market.
For more information about the Somerset 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