The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Somerset County, New Jersey’s real estate market for March 2024.

As of 3/2024, Somerset County had a Median Sale Price of $543,813, which was up 7.0% from the previous month and up 12.1% from the prior year.

During this period, 172 homes were sold in the area, reflecting an increase 1.8% compared to the month beforeand and a decrease of 27.7% from the same month in the previous year.

Additionally, the Median Days on Market for listings was observed at 18 days, 3 days shorter compared to the previous month and shorter by 5 days from last year.

With the Market Pulse Score sitting at 82, the trend in Somerset County’s housing market seems to be falling.

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.

MyMarketPulse – What the Pros Know

MyMarketPulse (mymarketpulse.com) just released its analysis of the March 2024 market data for Somerset County, New Jersey.

March 2024’s data reveals a Median Sale Price of $543,813 for homes in Somerset County. This figure represents a growth of 7.0% month-over-month and a 12.1% year-over-year decrease.

172 homes were sold, an increase 1.8% from the previous month and a decrease of 27.7% from the prior year.

The median time homes spent on the market was 18 days, which is down 3 days compared to last month and a decrease of 5 days over the previous year.

Somerset County’s Market Pulse Score currently stands at 82 indicating a falling trend for the market.

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.

MyMarketPulse – What the Pros Know