The Jersey City real estate market showed a slowdown in July, with 6% fewer sales than in June and 18% fewer sales than in July 2021. Homes spent an average of 30 days on the market in July, up 2 days from June and down 11 days from the prior year. Prices slowly climbed, with the median listed price at $685K, up from $675K in June and $625K in July 2021, while median sales price was$600K, down from $700K in June and $669K in July 2021.
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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.
