A Review Of New Jersey’s 2022 4th Quarter Market Report

 

Key Highlights

New Listings dropped 9.2% in 2022 from 2021

New Rentals dropped 11.8% in 2022 from 2021

Under Contract Properties dropped 18.10% in 2022 from 2021

Sold Properties dropped 14% in 2022 from 2021

Median Sales Price increased 6.9% in 2022 from 2021

Percent of List Priced Received increased 0.9% in 2022 (102.7%) from 2021 (101.8%)

Affordability Index dropped 31.5%

Resource

For a detail review of the market reports, go to https://lucasreyes.com/your-resources/, also downloadable.

 

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