MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Essex County, New Jersey.
For May 2024, the data showcases a Median Sale Price of $718,500 in Essex County, a rise of 6.4% from the last month and an increase 16.8% from the same period the previous year.
Sales of homes in the region saw 333 homes changing hands. This represents an increase of 24.3% from the month before and down 3.2% compared to the same month last year.
Homes remained on the market for a median of 21 day, which is unchanged from the month before and up 1 day from the previous year.
With the Market Pulse Score sitting at 102, the trend in Essex County’s housing market seems to be rising.
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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