The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Essex County, New Jersey’s real estate market for July 2024.
July 2024’s data reveals a Median Sale Price of $750,000 for homes in Essex County. This figure represents a decline of 4.7% month-over-month and a 15.4% year-over-year increase.
The region reported 448 home sales, marking an increase of 16.7% from the prior month, and 9.3% growth year-over-year.
The median time homes spent on the market was 16 days, which is down 4 days compared to last month and a decrease of 5 days over the previous year.
With a Market Pulse Score of 124, the analysis suggests a rising trend in Essex County’s housing market momentum.
For more information about the Essex 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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