Fewer homes on the market than last year. How all 21 N.J. counties rank. –

A for sale sign is posted outside a house

New listings were down in 12 of New Jersey’s 21 counties in February, the last month for which data is available, according to New Jersey Realtors. Image Source | Getty Images

The frenzied residential real estate market of the past two years has been fueled heavily by the fact that there just aren’t enough houses available to buy.

The number of unsold homes listed for sale in New Jersey went from nearly 30,000 in January 2020 to about 14,000 in March 22, according to data from the Otteau Group.