06/17/2026
LAST 7 DAYS IN CENTRAL NJ REAL ESTATE
June 15, 2026
267 homes went pending, but 263 homes either reduced their price, came back on the market, or failed to sell. That's a market that is rewarding preparation and punishing complacency.
🏡 408 New Listings
📝 121 Attorney Review
🔑 267 Pending
🎉 191 Closed
Plus:
↩️ 52 Back on Market
📉 167 Price Reductions
🚫 96 Expired/Off Market
Let's break down what these numbers mean.
BUYERS 👇
More inventory means more choices.
167 price reductions tell me some sellers are adjusting to today's market.
52 homes back on market may be opportunities that buyers thought were gone.
And those 96 homes that came off the market? Some owners may still be motivated and willing to have a conversation.
SELLERS 👇
267 pending sales and 191 closings prove buyers are still active.
Homes are selling every day.
However, 167 price reductions and 96 expired listings tell us the market is becoming less forgiving of overpricing and weak marketing.
The lesson?
Today's market rewards strategy.
Not guesswork.
Not hope.
Not doing things the way they were done two years ago.
The market is always shifting. The people who understand the shift are usually the ones who benefit the most.
Thinking about buying or selling in the next 3-12 months?
Let's talk about your goals and build a plan that works in today's market.
📞 Dan Surman
848-216-9547
📧 [email protected]
Building Wealth, One Home at a Time
What do you think is the biggest challenge facing buyers and sellers right now?
👇 Drop your thoughts below.