NORTH CENTRAL NEW JERSEY
MARKET REPORT J U LY 2 0 2 1
ESSEX & UNION COUNTY MUNICIPALITIES* JULY 2021 | RESIDENTIAL PROPERTIES - ALL PRICES
YEAR OVER YEAR ACTIVITY - ALL PRICES Last 15 Months
Homes for Sale
New Listings
Homes Sold
Contracts Pended
300%
Change from Last Year
200%
100%
0%
ly Ju
ne Ju
y Ma
Ap r.
r. Ma
. Fe b
n. Ja
c. De
v. No
Oc t.
.
.
Se p
Au g
l. Ju
n. Ju
Ma
y
-100%
MEDIAN SOLD PRICE - ALL PRICES Last 3 Years
$1000,000
Median Sold Price
$750,000
$500,000
$250,000
5/1 9 7/1 9 9/1 9 11 /19 1/2 0 3/2 0 5/2 0 7/2 0 9/2 0 11 /20 1/2 1 3/2 1 5/2 1 7/2 1
9
3/1
1/1 9
8
/18
11
9/1
7/1
8
$0
* Berkeley Heights Twp, Essex Fells Twp, Livingston Twp, Maplewood Twp, Millburn Twp, Montclair Twp, Mountainside Boro, New Providence Boro, Scotch Plains Twp, South Orange Village Twp, Summit City, West Orange, Westfield Twp
© 2021 Turpin Realtors
Subject to Errors and Omissions
Source: GSMLS 8/10/21 & Trendgraphix
ESSEX & UNION COUNTY MUNICIPALITIES* JULY 2021 | RESIDENTIAL PROPERTIES - ACTIVITY BY PRICE
ALL PRICES July 2021
% Change
Homes For Sale
605 893 -32%
New Listing
534 715 -25%
Contracts Pended
454 596 -24%
Homes Sold
530 456 16%
Days on Market
UNDER $1 MILLION July 2021
July 2020
July 2020
21
47
-55%
$1,000,000 - $1,999,999 MILLION % Change
July 2021
July 2020
% Change
Homes for Sale
427 585 -27%
Homes for Sale
128 228 -44%
New Listing
410 538 -24%
New Listing
105 143 -27%
Contracts Pended
362 486 -26%
Contracts Pended
Homes Sold
374 367 2%
Homes Sold
Days on Market
21
45
-100%
Days on Market
$2,000,000 - $2,999,999 MILLION July 2021
July 2020
76
93
-18%
119 74 61% 18
59
-69%
July 2020
% Change
$3 MILLION+
% Change
July 2021
For Sale
29
61 -53%
For Sale
New Listing
15
26 -42%
New Listing
4
8
-50%
Contracts Pended
12
14 -14%
Contracts Pended
4
3
33%
Homes Sold
31
11 182%
Homes Sold
6
4
50%
Days on Market
30
40 -25%
Days on Market
24
© 2021 Turpin Realtors
Subject to Errors and Omissions
21
19 11%
35 -31%
Source: GSMLS 8/10/21 & Trendgraphix
HUNTERDON COUNTY
JULY 2021 | RESIDENTIAL PROPERTIES - ALL PRICES
YEAR OVER YEAR ACTIVITY - ALL PRICES Last 15 Months
Homes for Sale
New Listings
Homes Sold
Contracts Pended
150%
Change from Last Year
100%
50%
0%
-50%
ly Ju
ne Ju
y Ma
Ap r.
r. Ma
. Fe b
n. Ja
De
c.
v. No
Oc t.
.
. Se p
Au g
l. Ju
n. Ju
Ma
y
-100%
MEDIAN SOLD PRICE - ALL PRICES Last 3 Years
$800,000
Median Sold Price
$600,000
$400,000
$200,000
© 2021 Turpin Realtors
3/2 0 5/2 0 7/2 0 9/2 0 11 /20 1/2 1 3/2 1 5/2 1 7/2 1
0 1/2
9
9
9
/19
11
9/1
7/1
5/1
9 3/1
9 1/1
11
/18
8 9/1
7/1
8
$0
Subject to Errors and Omissions
Source: GSMLS 8/10/21 & Trendgraphix
HUNTERDON COUNTY
JULY 2021 | RESIDENTIAL PROPERTIES - ACTIVITY BY PRICE
ALL PRICES July 2021
% Change
Homes For Sale
376 571 -34%
New Listing
233 313 -26%
Contracts Pended
216 270 -20%
Homes Sold
212 210 1%
Days on Market
26
UNDER $1 MILLION July 2021
July 2020
July 2020
76
-66%
$1,000,000 - $1,999,999 MILLION % Change
July 2021
July 2020
% Change
Homes for Sale
318 508 -37%
Homes for Sale
40
42
-5%
New Listing
220 298 -26%
New Listing
11
12
-8%
Contracts Pended
207 266 -22%
Contracts Pended
9
4
125%
Homes Sold
204 208 -2%
Homes Sold
8
2
300%
Days on Market
51
257
-80%
July 2021
July 2020
% Change
Days on Market
25
74
-66%
$2,000,000 - $2,999,999 MILLION
$3 MILLION+
July 2021
July 2020
% Change
For Sale
9
17
-47%
For Sale
9
4
125%
New Listing
2
3
-33%
New Listing
0
0
NC
Contracts Pended
0
0
NC
Contracts Pended
0
0
NC
Homes Sold
0
0
NC
Homes Sold
0
0
NC
Days on Market
© 2021 Turpin Realtors
NA NA NA
Days on Market
Subject to Errors and Omissions
NA NA NA
Source: GSMLS 8/10/21 & Trendgraphix
MORRIS COUNTY
JULY 2021 | RESIDENTIAL PROPERTIES - ALL PRICES
YEAR OVER YEAR ACTIVITY - ALL PRICES Last 15 Months
Homes for Sale
New Listings
Homes Sold
Contracts Pended
Change from Last Year
200%
100%
0%
ly Ju
ne Ju
y Ma
Ap r.
r. Ma
. Fe b
n. Ja
De
c.
v. No
Oc t.
.
. Se p
Au g
l. Ju
n. Ju
Ma
y
-100%
MEDIAN SOLD PRICE - ALL PRICES Last 3 Years
$800,000
Median Sold Price
$600,000
$400,000
$200,000
© 2021 Turpin Realtors
3/2 0 5/2 0 7/2 0 9/2 0 11 /20 1/2 1 3/2 1 5/2 1 7/2 1
0 1/2
9
9
9
/19
11
9/1
7/1
5/1
9 3/1
9 1/1
11
/18
8 9/1
7/1
8
$0
Subject to Errors and Omissions
Source: GSMLS 8/10/21 & Trendgraphix
MORRIS COUNTY
JULY 2021 | RESIDENTIAL PROPERTIES - ACTIVITY BY PRICE
ALL PRICES July 2021 Homes For Sale
% Change
1087 1570 -31%
New Listing
860
1079
-20%
Contracts Pended
721
945
-24%
Homes Sold
860
1079
-20%
27
51
-47%
Days on Market
UNDER $1 MILLION July 2021
July 2020
July 2020
$1,000,000 - $1,999,999 MILLION % Change
July 2021
July 2020
% Change
Homes for Sale
905 1267 -29%
Homes for Sale
New Listing
783 966 -19%
New Listing
64
93
-31%
Contracts Pended
659 881 -25%
Contracts Pended
54
59
-9%
Homes Sold
676 647 5%
Homes Sold
59
48
23%
Days on Market
44
67
-34%
July 2020
% Change
24
17
41%
Days on Market
25
50
-50%
$2,000,000 - $2,999,999 MILLION July 2021 For Sale
July 2020
31
127 239 -47%
$3 MILLION+
% Change
July 2021
47 -34%
For Sale
New Listing
6
17
-65%
New Listing
7
3
133%
Contracts Pended
8
4
100%
Contracts Pended
0
1
-100%
Homes Sold
2
0
∞
Homes Sold
13
3 333%
Days on Market
50
64 -22%
© 2021 Turpin Realtors
Days on Market
Subject to Errors and Omissions
139 0 NA
Source: GSMLS 8/10/21 & Trendgraphix
SOMERSET COUNTY
JULY 2021 | RESIDENTIAL PROPERTIES - ALL PRICES
YEAR OVER YEAR ACTIVITY - ALL PRICES Last 15 Months
Homes for Sale
New Listings
Homes Sold
Contracts Pended
Change from Last Year
200%
100%
0%
ly Ju
ne Ju
y Ma
Ap r.
r. Ma
. Fe b
n. Ja
De
c.
v. No
Oc t.
. Se p
. Au g
l. Ju
n. Ju
Ma
y
-100%
MEDIAN SOLD PRICE - ALL PRICES Last 3 Years
$800,000
Median Sold Price
$600,000
$400,000
$200,000
© 2021 Turpin Realtors
3/2 0 5/2 0 7/2 0 9/2 0 11 /20 1/2 1 3/2 1 5/2 1 7/2 1
0 1/2
9
9
/19
11
9/1
7/1
9 5/1
9 3/1
9 1/1
11
/18
8 9/1
7/1
8
$0
Subject to Errors and Omissions
Source: GSMLS 8/10/21 & Trendgraphix
SOMERSET COUNTY
JULY 2021 | RESIDENTIAL PROPERTIES - ACTIVITY BY PRICE
ALL PRICES July 2021
July 2020
Homes For Sale
724 1010 -28%
New Listing
610 648 -6%
Contracts Pended
534 571 -7%
Homes Sold
524 458 14%
Days on Market
27
53
UNDER $1 MILLION July 2021
% Change
July 2020
-49%
$1,000,000 - $1,999,999 % Change
July 2021
July 2020
% Change
Homes for Sale
724 1010 -28%
Homes for Sale
98
146
-33%
New Listing
610 648 -6%
New Listing
46
37
24%
Contracts Pended
534 571 -7%
Contracts Pended
36
30
20%
Homes Sold
524 458 14%
Homes Sold
47
19
147%
Days on Market
53
88
-40%
July 2020
% Change
11
13
-15%
Days on Market
25
51
-51%
$2,000,000 - $2,999,999
$3 MILLION+
July 2021
July 2020
% Change
22
22
0%
For Sale
New Listing
6
6
0%
New Listing
1
3
-67%
Contracts Pended
2
2
0%
Contracts Pended
2
0
∞
Homes Sold
4
4
0%
Homes Sold
1
0
∞
33
83
-60%
For Sale
Days on Market
© 2021 Turpin Realtors
July 2021
Days on Market
Subject to Errors and Omissions
NA NA NA
Source: GSMLS 8/10/21 & 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. The relatively
small data set in some categories can lead to
wild swings that do not necessarily point to a trend in one direction or another.
www.TurpinRealtors.com © 2021 Turpin Realtors • Subject to Errors and Omissions