MyMarketPulse (mymarketpulse.com) has unveiled its analysis for March 2024, focusing on the property market trends in Ocean County, New Jersey.
According to the latest data, Ocean County’s Median Sale Price was pegged at $475,000, showing an increase of 8.0% from the preceding month and a rise of 20.0% from the year before.
The area witnessed the sale of 640 homes during this period, which is a 19.4% increase from the preceding month and a decrease of 19.6% compared to the same timeframe last year.
Furthermore, homes in Ocean County were on the market for an average of 32 days before selling, reflecting a decrease of 12 days days month-over-month and a decrease of 34 days day year-over-year.
With a Market Pulse Score of 94, the analysis suggests a falling trend in Ocean County’s housing market momentum.
For more information about the Ocean 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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