MyMarketPulse (mymarketpulse.com) just released its analysis of the January 2025 market data for Morris County, New Jersey.
According to the latest data, Morris County’s Median Sale Price was pegged at $650,000, showing an increase of 2.0% from the preceding month and a rise of 7.4% from the year before.
The region reported 302 home sales, marking a reduction of 27.8% from the prior month, and 24.8% growth year-over-year.
Additionally, the Median Days on Market for listings was observed at 28 days, 7 days longer compared to the previous month and longer by 4 days from last year.
The Market Pulse Score for Morris County is presently at 93, signaling a downward trajectory in the market’s activity.
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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