In its June 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Somerset County, New Jersey.
The Median Sale Price for properties in Somerset County was documented at $680,000 for June 2024. This price point is an upward move of 15.7% from the previous month and shows a 19.4% rise from the year before.
A total of 349 homes were sold in the region, indicating an increase of 25.5% from last month and a drop of 3.3% when compared with a year ago.
The median time homes spent on the market was 17 days, which is unchanged compared to last month and unchanged over the previous year.
Currently, with a Market Pulse Score of 115, Somerset County’s real estate market appears to be experiencing an upturn.
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.
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