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Inventory Metrics by Geography:
New Jersey

   
    Jul 2016    
 
 
    Jan 2021
Name Jan 2021 Dec 2020 Jan 2020 Units
State
Median Listing Price 		439,050.0000 436,686.0000 379,246.0000 U.S. $
Average Listing Price 		674,049 661,850 578,086 U.S. $
Median Square Feet 		518.00000 398.50000 899.00000 Level
Median Listing Price Per Square Feet 		57.47656 32.69769 78.56250 U.S. $
Active Listing Count 		20,208 23,747 34,975 Level
Median Days On Market 		69.0 61.0 83.5 Level
New Listing Count 		9,676 8,024 12,848 Level
Price Increased Count 		624 496 444 Level
Price Reduced Count 		2,500 3,080 6,300 Level
Pending Listing Count 		10,660 12,072 1,943 Level
Metropolitan Areas
Atlantic City-Hammonton
Median Listing Price 		249,950.0000 250,000.0000 252,500.0000 U.S. $
Average Listing Price 		433,072 434,856 410,675 U.S. $
Median Square Feet 		972.00000 1,000.00000 1,029.00000 Level
Median Listing Price Per Square Feet 		108.70511 110.59720 93.93720 U.S. $
Active Listing Count 		1,424 1,641 2,276 Level
Median Days On Market 		83.0 72.5 97.0 Level
New Listing Count 		452 404 648 Level
Price Increased Count 		32 52 36 Level
Price Reduced Count 		124 204 364 Level
Pending Listing Count 		1,043 1,075 681 Level
Ocean City
Median Listing Price 		560,050.0000 550,050.0000 485,000.0000 U.S. $
Average Listing Price 		971,440 1,068,191 1,276,463 U.S. $
Median Square Feet 		1,034.00000 1,055.50000 1,145.50000 Level
Median Listing Price Per Square Feet 		216.33333 208.84713 186.36842 U.S. $
Active Listing Count 		814 954 1,810 Level
Median Days On Market 		77.0 65.5 100.5 Level
New Listing Count 		356 252 464 Level
Price Increased Count 		24 12 16 Level
Price Reduced Count 		92 108 204 Level
Pending Listing Count 		348 385 220 Level
Trenton
Median Listing Price 		394,550.0000 409,950.0000 340,000.0000 U.S. $
Average Listing Price 		608,609 605,491 538,462 U.S. $
Median Square Feet 		1,512.00000 1,567.50000 1,611.00000 Level
Median Listing Price Per Square Feet 		181.04534 179.97881 169.22071 U.S. $
Active Listing Count 		511 626 1,019 Level
Median Days On Market 		73.0 68.0 83.5 Level
New Listing Count 		252 212 328 Level
Price Increased Count 		12 16 4 Level
Price Reduced Count 		80 88 220 Level
Pending Listing Count 		650 725 155 Level
Vineland-Bridgeton
Median Listing Price 		160,050.0 168,800.0 146,500.0 U.S. $
Average Listing Price 		269,039 265,050 164,880 U.S. $
Median Square Feet 		1,347.00000 1,426.00000 1,383.00000 Level
Median Listing Price Per Square Feet 		108.78011 108.19109 91.92683 U.S. $
Active Listing Count 		302 323 690 Level
Median Days On Market 		77.0 60.0 90.0 Level
New Listing Count 		116 88 176 Level
Price Increased Count 		20 4 12 Level
Price Reduced Count 		28 48 188 Level
Pending Listing Count 		286 317 95 Level
Counties
Atlantic
Median Listing Price 		249,950.0000 250,000.0000 252,500.0000 U.S. $
Average Listing Price 		432,929 434,756 410,541 U.S. $
Median Square Feet 		972.00000 1,000.00000 1,029.00000 Level
Median Listing Price Per Square Feet 		109.11602 110.48945 93.74087 U.S. $
Active Listing Count 		1,425 1,641 2,278 Level
Median Days On Market 		83.0 72.5 97.0 Level
New Listing Count 		452 404 648 U.S. $
Price Increased Count 		32 52 36 Level
Price Reduced Count 		124 204 364 Level
Pending Listing Count 		1,043 1,075 681 Level
Total Listing Count 		2,468 2,716 2,959 Level
Pending Ratio 		0.73190 0.65510 0.29890 Ratio
Bergen
Median Listing Price 		639,050.0000 625,000.0000 648,550.0000 U.S. $
Average Listing Price 		1,044,339 998,979 941,267 U.S. $
Median Square Feet 		0 0 0 Level
Median Listing Price Per Square Feet 		0 0 0 U.S. $
Active Listing Count 		2,440 2,904 3,111 Level
Median Days On Market 		74.0 62.0 82.5 Level
New Listing Count 		1,036 816 1,112 U.S. $
Price Increased Count 		16 40 16 Level
Price Reduced Count 		292 360 516 Level
Pending Listing Count 		15 15 2 Level
Total Listing Count 		2,455 2,919 3,113 Level
Pending Ratio 		0.0061 0.0052 0.0006 Ratio
Burlington
Median Listing Price 		319,050.0000 310,050.0000 260,000.0000 U.S. $
Average Listing Price 		482,830 454,401 356,103 U.S. $
Median Square Feet 		1,856.00000 1,904.00000 1,883.50000 Level
Median Listing Price Per Square Feet 		162.32962 157.50964 138.99457 U.S. $
Active Listing Count 		646 794 1,521 Level
Median Days On Market 		58.0 54.5 79.5 Level
New Listing Count 		412 388 580 U.S. $
Price Increased Count 		40 48 32 Level
Price Reduced Count 		124 164 456 Level
Pending Listing Count 		1,053 1,176 130 Level
Total Listing Count 		1,699 1,970 1,651 Level
Pending Ratio 		1.63000 1.48110 0.08550 Ratio
Camden
Median Listing Price 		229,900.0000 231,000.0000 199,500.0000 U.S. $
Average Listing Price 		323,858 312,830 245,389 U.S. $
Median Square Feet 		1,560.00000 1,591.00000 1,604.00000 Level
Median Listing Price Per Square Feet 		134.51923 136.48065 118.69010 U.S. $
Active Listing Count 		575 689 1,532 Level
Median Days On Market 		53.0 51.0 74.0 Level
New Listing Count 		428 368 540 U.S. $
Price Increased Count 		20 20 20 Level
Price Reduced Count 		116 172 424 Level
Pending Listing Count 		1,014 1,133 104 Level
Total Listing Count 		1,589 1,822 1,636 Level
Pending Ratio 		1.76350 1.64440 0.06790 Ratio
Cape May
Median Listing Price 		549,950.0000 549,950.0000 475,050.0000 U.S. $
Average Listing Price 		962,936 1,057,424 1,246,666 U.S. $
Median Square Feet 		1,024.00000 1,050.00000 1,113.00000 Level
Median Listing Price Per Square Feet 		210.44304 205.95867 177.20319 U.S. $
Active Listing Count 		832 971 1,870 Level
Median Days On Market 		78.0 67.0 101.5 Level
New Listing Count 		360 252 472 U.S. $
Price Increased Count 		24 16 16 Level
Price Reduced Count 		92 108 208 Level
Pending Listing Count 		349 385 220 Level
Total Listing Count 		1,181 1,356 2,090 Level
Pending Ratio 		0.41950 0.39650 0.11760 Ratio
Cumberland
Median Listing Price 		160,050.0000 167,000.0000 145,050.0000 U.S. $
Average Listing Price 		267,083 262,176 163,290 U.S. $
Median Square Feet 		1,347.00000 1,429.50000 1,380.00000 Level
Median Listing Price Per Square Feet 		108.78011 107.85975 91.42512 U.S. $
Active Listing Count 		309 329 711 Level
Median Days On Market 		75.0 60.0 91.0 Level
New Listing Count 		120 92 176 U.S. $
Price Increased Count 		20 4 12 Level
Price Reduced Count 		32 48 196 Level
Pending Listing Count 		288 323 99 Level
Total Listing Count 		597 652 810 Level
Pending Ratio 		0.93200 0.98180 0.13920 Ratio
Essex
Median Listing Price 		409,950.0000 419,999.5000 392,549.5000 U.S. $
Average Listing Price 		605,584 594,119 555,739 U.S. $
Median Square Feet 		0 0 0 Level
Median Listing Price Per Square Feet 		0 0 0 U.S. $
Active Listing Count 		1,234 1,399 1,690 Level
Median Days On Market 		53.0 50.0 65.0 Level
New Listing Count 		704 516 796 U.S. $
Price Increased Count 		24 16 12 Level
Price Reduced Count 		164 164 248 Level
Pending Listing Count 		15 17 3 Level
Total Listing Count 		1,249 1,416 1,693 Level
Pending Ratio 		0.0122 0.0122 0.0018 Ratio
Gloucester
Median Listing Price 		239,950.0000 247,500.0000 211,049.5000 U.S. $
Average Listing Price 		310,792 301,253 242,820 U.S. $
Median Square Feet 		1,680.00000 1,739.00000 1,739.00000 Level
Median Listing Price Per Square Feet 		132.94073 133.25872 118.58885 U.S. $
Active Listing Count 		391 463 1,072 Level
Median Days On Market 		60.0 55.0 82.0 Level
New Listing Count 		292 228 348 U.S. $
Price Increased Count 		32 12 16 Level
Price Reduced Count 		72 96 332 Level
Pending Listing Count 		626 721 78 Level
Total Listing Count 		1,017 1,184 1,150 Level
Pending Ratio 		1.6010 1.5572 0.0728 Ratio
Hudson
Median Listing Price 		525,050.0000 542,550.0000 529,500.0000 U.S. $
Average Listing Price 		684,017 686,393 679,610 U.S. $
Median Square Feet 		691.00000 730.00000 661.00000 Level
Median Listing Price Per Square Feet 		307.77958 326.41962 257.18391 U.S. $
Active Listing Count 		1,873 2,171 1,423 Level
Median Days On Market 		62.0 61.0 64.0 Level
New Listing Count 		796 580 616 U.S. $
Price Increased Count 		4 12 8 Level
Price Reduced Count 		256 276 200 Level
Pending Listing Count 		14 11 1 Level
Total Listing Count 		1,887 2,182 1,424 Level
Pending Ratio 		0.00750 0.00510 0.00070 Ratio
Hunterdon
Median Listing Price 		619,050.0000 549,950.0000 497,500.0000 U.S. $
Average Listing Price 		886,503 810,378 617,967 U.S. $
Median Square Feet 		0.00000 0.00000 0.00000 Level
Median Listing Price Per Square Feet 		0.00000 0.00000 0.00000 U.S. $
Active Listing Count 		407 468 756 Level
Median Days On Market 		80.0 72.5 98.0 Level
New Listing Count 		132 108 208 U.S. $
Price Increased Count 		4 0 12 Level
Price Reduced Count 		40 68 124 Level
Pending Listing Count 		40 45 12 Level
Total Listing Count 		447 513 768 Level
Pending Ratio 		0.09830 0.09620 0.01590 Ratio
Mercer
Median Listing Price 		394,550.0000 407,500.0000 341,000.0000 U.S. $
Average Listing Price 		608,489 605,005 538,408 U.S. $
Median Square Feet 		1,512.00000 1,567.00000 1,611.00000 Level
Median Listing Price Per Square Feet 		181.04534 179.97881 169.24283 U.S. $
Active Listing Count 		511 627 1,019 Level
Median Days On Market 		73.0 68.5 83.5 Level
New Listing Count 		252 212 328 U.S. $
Price Increased Count 		12 16 4 Level
Price Reduced Count 		80 88 220 Level
Pending Listing Count 		651 726 155 Level
Total Listing Count 		1,162 1,353 1,174 Level
Pending Ratio 		1.2740 1.1579 0.1521 Ratio
Middlesex
Median Listing Price 		419,950.0000 419,550.0000 380,050.0000 U.S. $
Average Listing Price 		491,056 487,741 441,787 U.S. $
Median Square Feet 		1,116.0 1,151.0 0.0 Level
Median Listing Price Per Square Feet 		186.52527 181.06211 0.00000 U.S. $
Active Listing Count 		1,146 1,463 2,181 Level
Median Days On Market 		58.0 53.5 73.0 Level
New Listing Count 		740 680 928 U.S. $
Price Increased Count 		20 28 8 Level
Price Reduced Count 		160 136 420 Level
Pending Listing Count 		643 759 260 Level
Total Listing Count 		1,789 2,222 2,441 Level
Pending Ratio 		0.56110 0.51880 0.11920 Ratio
Monmouth
Median Listing Price 		635,050.0000 637,050.0000 542,550.0000 U.S. $
Average Listing Price 		993,137 965,440 787,568 U.S. $
Median Square Feet 		1,222.00000 1,261.00000 1,276.00000 Level
Median Listing Price Per Square Feet 		186.81747 188.22657 164.82980 U.S. $
Active Listing Count 		1,440 1,663 2,671 Level
Median Days On Market 		66.0 66.5 82.5 Level
New Listing Count 		808 588 1,084 U.S. $
Price Increased Count 		52 44 44 Level
Price Reduced Count 		188 224 452 Level
Pending Listing Count 		1,728 2,075 16 Level
Total Listing Count 		3,168 3,738 2,687 Level
Pending Ratio 		1.20000 1.24770 0.00600 Ratio
Morris
Median Listing Price 		615,050.0000 597,050.0000 527,950.0000 U.S. $
Average Listing Price 		818,113 786,494 675,684 U.S. $
Median Square Feet 		0 0 0 Level
Median Listing Price Per Square Feet 		0 0 0 U.S. $
Active Listing Count 		1,050 1,259 1,681 Level
Median Days On Market 		63.0 56.0 78.5 Level
New Listing Count 		516 372 616 U.S. $
Price Increased Count 		20 8 4 Level
Price Reduced Count 		148 196 272 Level
Pending Listing Count 		10 15 0 Level
Total Listing Count 		1,060 1,274 1,681 Level
Pending Ratio 		0.00950 0.01190 0.00000 Ratio
Ocean
Median Listing Price 		399,050.0000 394,500.0000 345,050.0000 U.S. $
Average Listing Price 		603,500 590,355 524,327 U.S. $
Median Square Feet 		1,484.00000 1,474.50000 1,506.00000 Level
Median Listing Price Per Square Feet 		174.64286 170.32918 154.12772 U.S. $
Active Listing Count 		2,645 3,029 5,540 Level
Median Days On Market 		100.0 82.0 100.5 Level
New Listing Count 		1,048 888 1,628 U.S. $
Price Increased Count 		112 92 72 Level
Price Reduced Count 		232 280 832 Level
Pending Listing Count 		2,818 3,253 136 Level
Total Listing Count 		5,463 6,282 5,676 Level
Pending Ratio 		1.0654 1.0740 0.0245 Ratio
Passaic
Median Listing Price 		399,950.0000 404,550.0000 389,950.0000 U.S. $
Average Listing Price 		472,950 475,468 428,615 U.S. $
Median Square Feet 		0 0 0 Level
Median Listing Price Per Square Feet 		0 0 0 U.S. $
Active Listing Count 		970 1,125 1,537 Level
Median Days On Market 		58.0 50.0 79.5 Level
New Listing Count 		488 420 640 U.S. $
Price Increased Count 		8 12 8 Level
Price Reduced Count 		96 124 244 Level
Pending Listing Count 		7 9 2 Level
Total Listing Count 		977 1,134 1,539 Level
Pending Ratio 		0.0072 0.0080 0.0013 Ratio
Salem
Median Listing Price 		175,050.0 169,950.0 140,000.0 U.S. $
Average Listing Price 		228,760 210,499 176,157 U.S. $
Median Square Feet 		1,552.00000 1,548.00000 1,579.50000 Level
Median Listing Price Per Square Feet 		114.00570 111.24703 89.97748 U.S. $
Active Listing Count 		181 193 417 Level
Median Days On Market 		79.0 60.0 108.0 Level
New Listing Count 		56 52 76 U.S. $
Price Increased Count 		4 8 4 Level
Price Reduced Count 		36 48 120 Level
Pending Listing Count 		133 169 11 Level
Total Listing Count 		314 362 428 Level
Pending Ratio 		0.73480 0.87560 0.02640 Ratio
Somerset
Median Listing Price 		600,049.0000 599,050.0000 509,000.0000 U.S. $
Average Listing Price 		922,981 889,062 678,757 U.S. $
Median Square Feet 		0 0 0 Level
Median Listing Price Per Square Feet 		0 0 0 U.S. $
Active Listing Count 		650 766 1,083 Level
Median Days On Market 		68.0 64.5 73.0 Level
New Listing Count 		340 240 420 U.S. $
Price Increased Count 		16 16 12 Level
Price Reduced Count 		84 84 212 Level
Pending Listing Count 		87 97 27 Level
Total Listing Count 		737 863 1,110 Level
Pending Ratio 		0.1338 0.1266 0.0249 Ratio
Sussex
Median Listing Price 		319,950.0000 317,050.0000 280,049.0000 U.S. $
Average Listing Price 		425,669 414,629 370,114 U.S. $
Median Square Feet 		0 0 0 Level
Median Listing Price Per Square Feet 		0 0 0 U.S. $
Active Listing Count 		570 638 1,114 Level
Median Days On Market 		79.0 64.0 93.5 Level
New Listing Count 		180 176 332 U.S. $
Price Increased Count 		8 4 12 Level
Price Reduced Count 		64 80 200 Level
Pending Listing Count 		7 7 0 Level
Total Listing Count 		577 645 1,114 Level
Pending Ratio 		0.01230 0.01100 0.00000 Ratio
Union
Median Listing Price 		425,050.0000 427,450.0000 399,500.0000 U.S. $
Average Listing Price 		579,651 568,843 524,766 U.S. $
Median Square Feet 		0 0 0 Level
Median Listing Price Per Square Feet 		0 0 0 U.S. $
Active Listing Count 		738 862 1,217 Level
Median Days On Market 		44.0 47.0 65.5 Level
New Listing Count 		484 364 568 U.S. $
Price Increased Count 		16 12 4 Level
Price Reduced Count 		92 108 188 Level
Pending Listing Count 		33 42 10 Level
Total Listing Count 		771 904 1,227 Level
Pending Ratio 		0.04470 0.04870 0.00820 Ratio
Warren
Median Listing Price 		299,050.0000 287,050.0000 269,950.0000 U.S. $
Average Listing Price 		408,776 386,319 314,929 U.S. $
Median Square Feet 		0 0 0 Level
Median Listing Price Per Square Feet 		0 0 0 U.S. $
Active Listing Count 		259 290 484 Level
Median Days On Market 		65.0 53.0 89.5 Level
New Listing Count 		108 108 168 U.S. $
Price Increased Count 		8 4 0 Level
Price Reduced Count 		32 28 88 Level
Pending Listing Count 		18 14 1 Level
Total Listing Count 		277 304 485 Level
Pending Ratio 		0.06950 0.04830 0.00210 Ratio
   

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