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

For November 2024, the data showcases a Median Sale Price of $609,500 in Somerset County, a drop of 1.7% from the last month and an increase 7.9% from the same period the previous year.

Sales of homes in the region saw 247 homes changing hands. This represents a decline of 15.1% from the month before and up 6.0% compared to the same month last year.

Additionally, the Median Days on Market for listings was observed at 21 day, 2 days shorter compared to the previous month and shorter by 2 days from last year.

With a Market Pulse Score of 103, the analysis suggests a rising trend in Somerset County’s housing market momentum.

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) has unveiled its analysis for November 2024, focusing on the property market trends in Somerset County, New Jersey.

According to the latest data, Somerset County’s Median Sale Price was pegged at $609,500, showing a decrease of 1.7% from the preceding month and a rise of 7.9% from the year before.

A total of 247 homes were sold in the region, indicating a decrease of 15.1% from last month and a rise of 6.0% when compared with a year ago.

Homes remained on the market for a median of 21 day, which is down 2 days from the month before and down 2 days from the previous year.

The Market Pulse Score for Somerset County is presently at 103, signaling an upward trajectory in the market’s activity.

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