April 2024

As of the most recent data, the real estate market in New Jersey remains strong, characterized by steady demand and limited inventory. Home prices continue to rise across the state, driven by strong buyer interest. However, the supply shortage persists.  Sellers are often receiving multiple offers on properties, leading to bidding wars in many areas. Additionally, the market dynamics vary widely across different regions of New Jersey, with urban areas experiencing high competition and suburban markets seeing increased interest from buyers seeking more space and amenities. Overall, while the market remains competitive for buyers, the allure of homeownership continue to drive activity in the New Jersey real estate market.

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