The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Morris County, New Jersey’s real estate market for May 2024.
According to the latest data, Morris County’s Median Sale Price was pegged at $705,000, showing an increase of 10.6% from the preceding month and a rise of 20.5% from the year before.
434 homes were sold, an increase 20.2% from the previous month and an increase of 6.6% from the prior year.
Furthermore, homes in Morris County were on the market for an average of 14 days before selling, reflecting a decrease of 1 day days month-over-month and a decrease of 2 days day year-over-year.
The Market Pulse Score for Morris County is presently at 104, signaling an upward trajectory in the market’s activity.
For more information about the Morris 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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