REGIONAL RESULTS | JANUARY 2024 ESSEX*, HUNTERDON, MORRIS, SOMERSET & UNION* COUNTIES Residential Properties - All Prices PENDED SALES (UNITS) - MONTH OF JANUARY Last 5 Years 2024
671
2023
664
879
2022
2021
1,227
2020
1,068
0
250
500
750
1000
1250
MEDIAN LIST PRICE, HOMES PENDED - MONTH OF JANUARY Last 5 Years 2024
$707,800
2023
$608,600
$589,000
2022
2021
$561,800
2020
$489,700
0
200000
400000
600000
MONTHS SUPPLY, HOMES PENDED - MONTH OF JANUARY Last 5 Years Months 2024
1.50
2023
1.90
1.30
2022
1.70
2021
3.70
2020 0
© 2024 Turpin Realtors
1
2
Subject to Errors and Omissions
3
4
* This report is inclusive of results from select municipalities in Essex and Union counties as detailed on the following page.
Source: GSMLS 2/7/24 & Trendgraphix
REGIONAL RESULTS | JANUARY 2024 ESSEX*, HUNTERDON, MORRIS, SOMERSET & UNION* COUNTIES Residential Properties - Activity by Price
ALL PRICES Jan. 2024
Jan. 2023
% Change
Homes For Sale
976
1240
-21%
New Listing
897
889
1%
Contracts Pended
671
664
1%
Homes Sold
644
691
-7%
Days on Market
35
40
-13%
UNDER $1 MILLION
$1,000,000 - $1,999,999 MILLION
Jan. 2024
Jan. 2023
% Change
Jan. 2024
Jan. 2023
% Change
Homes For Sale
651
872
-25%
Homes For Sale
198
265
-25%
New Listing
695
733
-5%
New Listing
155
123
26%
Contracts Pended
578
583
-1%
Contracts Pended
80
73
10%
Homes Sold
552
603
-8%
Homes Sold
75
74
1%
Days on Market
34
39
-13%
Days on Market
36
42
-14%
Jan. 2024
Jan. 2023
% Change
$2,000,000 - $2,999,999 MILLION
$3 MILLION+
Jan. 2024
Jan. 2023
% Change
Homes For Sale
60
60
0%
Homes For Sale
67
43
56%
New Listing
31
26
19%
New Listing
16
7
129%
Contracts Pended
8
6
33%
Contracts Pended
5
2
150%
Homes Sold
12
12
0%
Homes Sold
5
2
150%
Days on Market
43
92
-53%
Days on Market
35
120
-71%
This report is inclusive of results from select municipalities in Essex and Union counties as follows: Essex County: Essex Fells Twp, Livingston Twp, Maplewood Twp, Millburn Twp, Montclair Twp, South Orange Village, West Orange Twp Union County: Berkeley Heights Twp, Mountainside Boro, New Providence Boro, Scotch Plains Twp, Summit City, Westfield Twp
© 2024 Turpin Realtors
Subject to Errors and Omissions
Source: GSMLS 2/7/24 & Trendgraphix
About the Data This study includes all residential home sales in the regions noted, as reported by Garden State Multiple Service LLC (GSMLS) and Trendgraphix, including condominiums and townhomes. It does not include land sales, commercial sales, or rentals.
www.TurpinRealtors.com
© 2024 Turpin Realtors • Subject to Errors and Omissions • Source: GSMLS 2/7/24 & Trendgraphix