NORTH CENTRAL NEW JERSEY
MARKET REPORT AUGUST 2020 SPECIAL EDITION
SOMERSET COUNTY AUGUST 2020 SPECIAL EDITION AUGUST 2020
AUGUST 2019 % CHANGE
1024 1010 1.4%
HOMES FOR SALE NEW LISTINGS
625 648 -3.5%
CONTRACTS PENDED
519 572 -9.2%
HOMES SOLD
509
MEDIAN SOLD PRICE
458 11.1%
$460,000 $420,000
9.5%
Year Over Year Activity Homes for Sale
New Listings
Homes Sold
Contracts Pended
50%
Change from Last Year
25%
0%
-25%
-50%
-75%
January
February
March
April
May
June
July
August
Median Sold Price (past 3 years) $500,000
Median Sold Price
$400,000
$300,000
$200,000
$100,000
8/ 17 10 /1 7 12 /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
$0
© 2020 Turpin Realtors
Subject to Errors and Omissions
Source: GSMLS and TrendGraphix as of 9/9/20
MORRIS COUNTY AUGUST 2020 SPECIAL EDITION AUGUST 2020
AUGUST 2019 % CHANGE
1477 2378 -37.9%
HOMES FOR SALE NEW LISTINGS
906
761
CONTRACTS PENDED
848
576 47.2%
HOMES SOLD
817
714 14.4%
MEDIAN SOLD PRICE
19.1%
$501,000 $460,000
8.9%
Year Over Year Activity Homes for Sale
New Listings
Homes Sold
Contracts Pended
75.00%
Change from Last Year
50.00% 25.00% 0.00% -25.00% -50.00% -75.00%
January
February
March
April
May
June
July
August
Median Sold Price (past 3 years) $600,000
Median Sold Price
$400,000
$200,000
8/ 17 10 /1 7 12 /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
$0
© 2020 Turpin Realtors
Subject to Errors and Omissions
Source: GSMLS and TrendGraphix as of 9/9/20
HUNTERDON COUNTY AUGUST 2020 SPECIAL EDITION AUGUST 2020
AUGUST 2019 % CHANGE
HOMES FOR SALE
532
890
NEW LISTINGS
250
222 12.6%
CONTRACTS PENDED
262
199 31.7%
HOMES SOLD
230
185 24.3%
MEDIAN SOLD PRICE
-40.2%
$454,000 $382,000
18.8%
Year Over Year Activity Homes for Sale
New Listings
Homes Sold
Contracts Pended
Change from Last Year
100.00%
50.00%
0.00%
-50.00%
-100.00%
January
February
March
April
May
June
July
August
Median Sold Price (past 3 years) $500,000
Median Sold Price
$400,000
$300,000
$200,000
$100,000
8/ 17 10 /1 7 12 /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
$0
© 2020 Turpin Realtors
Subject to Errors and Omissions
Source: GSMLS and TrendGraphix as of 9/9/20
ESSEX AND UNION COUNTY MUNICIPALITIES* AUGUST 2020 SPECIAL EDITION AUGUST 2020
AUGUST 2019 % CHANGE
HOMES FOR SALE
836
NEW LISTINGS
577
344 67.7%
CONTRACTS PENDED
525
304 72.7%
HOMES SOLD
472
472 25.2%
MEDIAN SOLD PRICE
1186
-29.5%
$760,000 $645,000
17.8%
Year Over Year Activity Homes for Sale
New Listings
Homes Sold
Contracts Pended
Change from Last Year
100.00%
50.00%
0.00%
-50.00%
-100.00%
January
February
March
April
May
June
July
August
Median Sold Price (past 3 years) $800,000
Median Sold Price
$600,000
$400,000
$200,000
8/ 17 10 /1 7 12 /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
$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 9/9/20
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