Jersey City Real Estate Trends 2020

Our jersey city real estate stats and trends will give you more information about home buying and selling trends in jersey city.

Jersey city real estate trends 2020. Our top rated real estate agents in jersey city are local experts and are ready to answer your questions about properties neighborhoods schools and the newest listings for sale in jersey city. Okay let s start with home price trends. Home prices are still rising slowly. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in july.

Low inventory and increasing buyer activity are keeping the prices stable in the new york housing market it s a relatively good time to buy a property in new york as housing inventory is on the rise and competition is less. Ocean city new jersey real estate market statistics are calculated by movoto every day from various sources so that you can stay up to date with trends in the ocean city homes for sale market. The average sale price of a home in jersey city was 589k last month up 17 9 since last year. Zillow has 1 027 homes for sale in jersey city nj matching.

The latest new york real estate market report is given below. The median rent price in greenville is 1 800 which is lower than the jersey city median of 2 200. In greenville 5 0 homes are foreclosed per 10 000. Real estate trend 1.

View listing photos review sales history and use our detailed real estate filters to find the perfect place. You will also find the details of the current real estate trends for nyc or new york city. The jersey city housing market is somewhat competitive. Foreclosures will be a factor impacting home values in the next several years.

In addition to information on the average price of northern new jersey residentail real estate listings you ll also find info on the average days on market the average price. In april 2020 home prices grew by a teeny tiny 0 6 compared to last year down from the nearly 4 growth rate in march 2this slower growth trend is likely due to the craziness of the coronavirus and market uncertainty. June 2020 was 415. View 724 homes for sale in jersey city nj at a median listing price of 629000.