What the Pros Know
124
MyMarketPulse Score
119 Price
129 Volume
7/2024UPDATES IN YOUR INBOX
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851,117
Population
0.2% YoY
202336.1
Median Age
4.5% YoY
2022$73,785
Median Household Income
8.8% YoY
2022402,867
Labor Force
2.3% MoM
0.1% YoY
6/2024378,492
Employed
2% MoM
0.5% YoY
6/20246.1%
Unemployment Rate
7% MoM
7% YoY
6/2024$750,000
Median Sale Price
4.7% MoM
15.4% YoY
7/2024448
Homes Sold
16.7% MoM
9.3% YoY
7/20241.2
Months Inventory
18% MoM
31.7% YoY
7/202416
Days on Market
4 MoM
5 YoY
7/2024552
Listings
7.4% MoM
24.8% YoY
7/2024109.4%
Sale Price to List Price
2.3% MoM
0.8% YoY
7/2024Cities included in Essex County: Newark, East Orange, Short Hills, Upper Montclair, Brookdale, Caldwell, Glen Ridge, Watsessing, North Caldwell, Roseland, Ampere North, Silver Lake, Pleasantdale, Essex Fells, Llewellyn Park
1. Population Data from U.S. Census Bureau.
2. Employment Data from Bureau of Labor and Statistics
3. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.