The Jersey City real estate market showed both strong demand and a slowdown in April, with 22% fewer sales than in March and 21% fewer sales than in April 2021. Homes spent an average of 34 days on the market in April, down 4 days from March and down 10 days from the prior year. Prices continued climbing, with the median listed price at $685K, up from $670K in March and $650K in April 2021, while median sales prices were up to $670K, up from $639K in March and $635K in April 2021.
Source: Figures in this report are based on publicly recorded data from the New Jersey Multiple Listing Service as well as proprietary data. Copyright 2022 Triplemint. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description.