09/26/2026
NJ Real Estate Market Shows Seasonal Adjustment in August
August brought a noticeable shift in NJ real estate, with activity slowing down a bit. Inventory inched up by 3.6% year-over-year—though, it’s still 11.1% lower than what we saw before the pandemic. The median listing price dipped 1.3% to $424,500, while mortgage rates remained steady in the 6.65%–6.69% range. Navigating these changes can feel overwhelming, but as your neighborhood Weichert Realtor® and Location Specialist in Rockaway and Morris County, I'm here to help keep you informed and confident about every twist and turn in our local market.
https://www.housing-trends.com/agent-news/jodi-fishbane/1995668-NJ-Real-Estate-Market-Shows-Seasonal-Adjustment-in-August