A “For Sale” sign stands in front of a home that is in the process of being sold. (AP Photo/Elaine Thompson, File)AP
Closed sales on single-family homes in New Jersey declined last month, by more than 10 percent, compared to August 2020, according to data from New Jersey Realtors. But there are still indications that the market remains robust — especially in four counties where sales are up year over year.
The median sales price was up nearly 13% from $408,500 in August 2020 to $461,000 in August 2021, New Jersey Realtors found in its monthly report.
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