Federal Reserve Economic Data: Your trusted data source since 1991

Market Hotness: Median Listing Price in Somerset County, NJ (MELIPRMMCOUNTY34035)


Jan 2024: 1.75292 (+ more)   Updated: Feb 27, 2024
Jan 2024:  1.75292  
Dec 2023:  -7.79296  
Nov 2023:  -0.93405  
Oct 2023:  -0.62888  
Sep 2023:  -2.41774  
View All


Percent Change,
Not Seasonally Adjusted




Source: Realtor.com  

Release: Market Hotness Index  

Units:  Percent Change, Not Seasonally Adjusted

Frequency:  Monthly


The percentage change in the median listing price from the previous month.

With the release of its November 2021 housing trends report, Realtor.com® incorporated a new and improved methodology for capturing and reporting housing inventory trends and metrics. The new methodology uses the latest and most accurate data mapping of listing statuses to yield a cleaner and more consistent measurement of active listings at both the national and local level. The methodology has also been adjusted to better account for missing data in some fields including square footage. Most areas across the country will see minor changes with a smaller handful of areas seeing larger updates. As a result of these changes, the data released since December 2021 will not be directly comparable with previous data releases (files downloaded before December 2021) and Realtor.com® economics blog posts. However, future data releases, including historical data, will consistently apply the new methodology. More details are available at the source's Real Estate Data Library.

Suggested Citation:

Realtor.com, Market Hotness: Median Listing Price in Somerset County, NJ [MELIPRMMCOUNTY34035], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MELIPRMMCOUNTY34035, February 28, 2024.


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