Jersey City Real Estate Market Update: October 2022

Jersey City Real Estate Market Update: October 2022

 
In Jersey City, new listings were down 22% from September and 17% from October 2021. Median sale price was up 6% month-over-month and 12% year-over-year. The average sale price of $707,433 was up 1% month-over-month and 5% year over year. Total number of sales slowed by 18% month-over-month and 38% year-over-year. Listings spent an average of 41 days on the market compared to 33 days in September and 38 days in October 2021.
 
 
 
 
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©2022 UMRO Realty Corp., dba The Agency®. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description. Figures in this report are based on publicly recorded data from the New Jersey Multiple Listing Service. CalDRE #01904054
 

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