09/26/2026
NJ Real Estate Market Shows Seasonal Adjustment in August
In August, New Jersey’s real estate market showed signs of cooling: housing inventory increased by 3.6% compared to last year, though it’s still 11.1% below what we saw before the pandemic. Meanwhile, the median listing price edged down 1.3% to $424,500, and mortgage rates remained steady in the 6.65% to 6.69% range. For those navigating these shifts in Mercer County and nearby areas, having a patient, knowledgeable guide can make all the difference—especially when the local landscape changes month to month. I stay focused on the details, so my clients can make confident decisions whether they're buying, selling, or renting.
https://www.housing-trends.com/agent-news/dale-parello/1995668-NJ-Real-Estate-Market-Shows-Seasonal-Adjustment-in-August