The Sussex County housing market surged yet again in the fourth quarter of 2016, with sales up sharply and an eyeopening spike in prices. Sales. Sussex sales were up again in the fourth quarter, rising over 18% from the fourth quarter of last year. And for the year, sales increased almost 19%, finishing 2016 with the highest yearly transactional total in over 10 years, since … [Read more...]
Archives for January 2017
Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Essex County, New Jersey
The Essex County housing market finished the year with a surge in sales, but these sustained increases in buyer demand have not had their expected impact in driving price appreciation. Sales. Essex sales activity recovered from a disappointing third quarter, with sales rising almost 11% from the fourth quarter of last year and finishing the calendar year up almost 5%. Buyer … [Read more...]
Better Homes and Gardens Real Estate Rand Realty Quarterly Market Report For 2016Q4 – Morris County, New Jersey
The Morris County housing market finished the year with a sharp increase in sales, but sustained buyer demand throughout 2016 still has not had a significant impact on pricing. Sales. Morris County sales were up significantly, rising almost 12% from the fourth quarter of last year. This continued a streak in which year-on-year sales have now gone up for nine straight … [Read more...]
Better Homes and Gardens Real Estate Rand Realty Quarterly Market Report For 2016Q4 – Passaic County, New Jersey
Sales in the Passaic County housing market rose again in the fourth quarter of 2016, but they are still not having their expected impact on pricing Sales. Passaic sales finished the year strong, rising almost 14% from last year’s fourth quarter and finishing the year up over 12%. We’ve now seen sustained increases in buyer demand for over five years, with quarterly sales up … [Read more...]
Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Bergen County, New Jersey
The Bergen County housing market finished strong in the fourth quarter of 2016, with sales up sharply and prices showing signs of meaningful appreciation. Sales. Bergen single-family home sales were up almost 11% for the quarter, the ninth straight quarter where we’ve seen year-on-year sales growth. And for the year, sales were also up 11%, marking the third straight year of … [Read more...]