NORTH CENTRAL NEW JERSEY
MARKET REPORT OCTOBER 2020 SPECIAL EDITION
SOMERSET COUNTY OCTOBER 2020 SPECIAL EDITION OCT 2020
OCT 2019
% CHANGE
HOMES FOR SALE
925
1292
-28%
NEW LISTINGS
540 512 5%
CONTRACTS PENDED
530 374 42%
HOMES SOLD
517 364 42%
MEDIAN SOLD PRICE
$425,000 $371,000
15%
Year Over Year Activity Homes for Sale
New Listings
Homes Sold
Contracts Pended
100%
Change from Last Year
50%
0%
-50%
Oc t.
. Se p
. Au g
l. Ju
n. Ju
y Ma
Ap r.
r. Ma
. Fe b
Ja
n.
-100%
Median Sold Price (past 3 years) $500,000
Median Sold Price
$400,000
$300,000
$200,000
$100,000
© 2020 Turpin Realtors
/1 7 2/ 18 4/ 18 6/ 18 8/ 18 10 /1 8 12 /1 8 2/ 19 4/ 19 6/ 19 8/ 19 10 /1 9 12 /1 9 2/ 20 4/ 20 6/ 20 8/ 20 10 /2 0
12
10
/1 7
$0
Subject to Errors and Omissions
Source: GSMLS and TrendGraphix as of 11/6/20
MORRIS COUNTY OCTOBER 2020 SPECIAL EDITION OCT 2020
OCT 2019
% CHANGE
1455 2240 -35%
HOMES FOR SALE NEW LISTINGS
939
CONTRACTS PENDED
759 548 39%
HOMES SOLD
798 570 40%
MEDIAN SOLD PRICE
794
18%
$475,000 $400,000
19%
Year Over Year Activity Homes for Sale
New Listings
Homes Sold
Contracts Pended
75%
Change from Last Year
50% 25% 0% -25% -50%
Oc t.
. Se p
. Au g
l. Ju
n. Ju
y Ma
Ap r.
r. Ma
. Fe b
Ja
n.
-75%
Median Sold Price (past 3 years) $600,000
Median Sold Price
$400,000
$200,000
© 2020 Turpin Realtors
/1 7 2/ 18 4/ 18 6/ 18 8/ 18 10 /1 8 12 /1 8 2/ 19 4/ 19 6/ 19 8/ 19 10 /1 9 12 /1 9 2/ 20 4/ 20 6/ 20 8/ 20 10 /2 0
12
10
/1 7
$0
Subject to Errors and Omissions
Source: GSMLS and TrendGraphix as of 11/6/20
HUNTERDON COUNTY OCTOBER 2020 SPECIAL EDITION OCT 2020
OCT 2019
% CHANGE
HOMES FOR SALE
479
886
-46%
NEW LISTINGS
244 246 -1%
CONTRACTS PENDED
245 172 42%
HOMES SOLD
261 137 91%
MEDIAN SOLD PRICE
$435,000 $363,000
20%
Year Over Year Activity Homes for Sale
New Listings
Homes Sold
Contracts Pended
100%
Change from Last Year
50%
0%
-50%
Oc t.
. Se p
. Au g
l. Ju
n. Ju
y Ma
Ap r.
r. Ma
. Fe b
Ja
n.
-100%
Median Sold Price (past 3 years) $500,000
Median Sold Price
$400,000
$300,000
$200,000
$100,000
© 2020 Turpin Realtors
/1 7 2/ 18 4/ 18 6/ 18 8/ 18 10 /1 8 12 /1 8 2/ 19 4/ 19 6/ 19 8/ 19 10 /1 9 12 /1 9 2/ 20 4/ 20 6/ 20 8/ 20 10 /2 0
12
10
/1 7
$0
Subject to Errors and Omissions
Source: GSMLS and TrendGraphix as of 11/6/20
ESSEX AND UNION COUNTY MUNICIPALITIES* OCTOBER 2020 SPECIAL EDITION OCT 2020
OCT 2019
% CHANGE
HOMES FOR SALE
823
1194
-31%
NEW LISTINGS
605 500 21%
CONTRACTS PENDED
468 300 56%
HOMES SOLD
548 349 57%
MEDIAN SOLD PRICE
$723,000 $580,000
25%
Year Over Year Activity Homes for Sale
New Listings
Homes Sold
Contracts Pended
100%
Change from Last Year
50%
0%
-50%
Oc t.
. Se p
. Au g
l. Ju
n. Ju
y Ma
Ap r.
r. Ma
. Fe b
Ja
n.
-100%
Median Sold Price (past 3 years) $800,000
Median Sold Price
$600,000
$400,000
$200,000
/1 7 2/ 18 4/ 18 6/ 18 8/ 18 10 /1 8 12 /1 8 2/ 19 4/ 19 6/ 19 8/ 19 10 /1 9 12 /1 9 2/ 20 4/ 20 6/ 20 8/ 20 10 /2 0
12
10
/1 7
$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
© 2020 Turpin Realtors
Subject to Errors and Omissions
Source: GSMLS and TrendGraphix as of 11/6/20
Marketing houses is our job. Boosting this region is our business.
Connecting buyers and sellers is our passion. At Turpin, we go the extra mile to get the job done. We sell one type of home... yours.
www.TurpinRealtors.com Bernardsville 908-766-6500
Mendham 973-543-7400
Far Hills 908-234-9100
Chatham 973-635-5555
Oldwick 908-439-3300