NORTH CENTRAL NEW JERSEY
MARKET REPORT J U LY 2 0 2 0 S P E C I A L E D I T I O N
SOMERSET COUNTY JULY 2020 SPECIAL EDITION JULY 2020
JULY 2019
% CHANGE
1010
1540 -34.40%
NEW LISTINGS
637
547 16.50%
CONTRACTS PENDED
593
417 42.20%
HOMES SOLD
435
468 -7.10%
HOMES FOR SALE
MEDIAN SOLD PRICE
$427,000 $410,000
4.10%
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
Median Sold Price (past 3 years) $500,000
Median Sold Price
$400,000
$300,000
$200,000
$100,000
7/ 17 9/ 17 11 /1 7 1/ 18 3/ 18 5/ 18 7/ 18 9/ 18 11 /1 8 1/ 19 3/ 19 5/ 19 7/ 19 9/ 19 11 /1 9 1/ 20 3/ 20 5/ 20 7/ 20
$0
© 2020 Turpin Realtors
Subject to Errors and Omissions
Source: GSMLS and TrendGraphix as of 8/9/20
MORRIS COUNTY JULY 2020 SPECIAL EDITION JULY 2019
JULY 2020
% CHANGE
HOMES FOR SALE
1570
2523 -37.80%
NEW LISTINGS
1061
817 29.90%
CONTRACTS PENDED
998
599 66.60%
HOMES SOLD
668
679 -1.60%
MEDIAN SOLD PRICE
$470,000 $455,000
3.30%
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
Median Sold Price (past 3 years) $500,000
Median Sold Price
$400,000
$300,000
$200,000
$100,000
7/ 17 9/ 17 11 /1 7 1/ 18 3/ 18 5/ 18 7/ 18 9/ 18 11 /1 8 1/ 19 3/ 19 5/ 19 7/ 19 9/ 19 11 /1 9 1/ 20 3/ 20 5/ 20 7/ 20
$0
© 2020 Turpin Realtors
Subject to Errors and Omissions
Source: GSMLS and TrendGraphix as of 8/9/20
HUNTERDON COUNTY JULY 2020 SPECIAL EDITION JULY 2020
JULY 2019
% CHANGE
HOMES FOR SALE
571
976
-41.50%
NEW LISTINGS
312
247 26.30%
CONTRACTS PENDED
289
151 91.40%
HOMES SOLD
202
207 -2.40%
MEDIAN SOLD PRICE
$390,000 $397,000 -1.80%
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
Median Sold Price (past 3 years) $400,000
Median Sold Price
$300,000
$200,000
$100,000
7/ 17 9/ 17 11 /1 7 1/ 18 3/ 18 5/ 18 7/ 18 9/ 18 11 /1 8 1/ 19 3/ 19 5/ 19 7/ 19 9/ 19 11 /1 9 1/ 20 3/ 20 5/ 20 7/ 20
$0
© 2020 Turpin Realtors
Subject to Errors and Omissions
Source: GSMLS and TrendGraphix as of 8/9/20
ESSEX AND UNION COUNTY MUNICIPALITIES* JULY 2020 SPECIAL EDITION JULY 2020
JULY 2019
% CHANGE
HOMES FOR SALE
893
1357
-34.20%
NEW LISTINGS
700
493 42.00%
CONTRACTS PENDED
613
362 69.30%
HOMES SOLD
442
475 -6.90%
MEDIAN SOLD PRICE
$696,000 $665,000
4.70%
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
Median Sold Price (past 3 years) $800,000
Median Sold Price
$600,000
$400,000
$200,000
7/ 17 9/ 17 11 /1 7 1/ 18 3/ 18 5/ 18 7/ 18 9/ 18 11 /1 8 1/ 19 3/ 19 5/ 19 7/ 19 9/ 19 11 /1 9 1/ 20 3/ 20 5/ 20 7/ 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 8/9/20
AT TURPIN, WE ’ RE HO NO RE D TO B E NAMED A TOP WO RK P L AC E B Y N J.CO M But we’re over the moon that agent and employee feedback made this award possible
www.TurpinRealtors.com Bernardsville 908-766-6500
Mendham 973-543-7400
Far Hills 908-234-9100
Chatham 973-635-5555
Oldwick 908-439-3300