In its May 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Salem County, New Jersey.
As of 5/2024, Salem County had a Median Sale Price of $225,000, which was down 13.5% from the previous month and up 2.3% from the prior year.
During this period, 57 homes were sold in the area, reflecting an increase 11.8% compared to the month beforeand and a decrease of 21.9% from the same month in the previous year.
Additionally, the Median Days on Market for listings was observed at 32 days, 8 days shorter compared to the previous month and longer by 10 days from last year.
Currently, with a Market Pulse Score of 97, Salem County’s real estate market appears to be experiencing a downtrend.
For more information about the Salem 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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