GSMLS – http://www.gsmls.com
(Garden State Multiple Listing Service)
Single Family Homes, Condo, Coop
(Bergen, Essex, Hudson, Morris, Passaic, Somerset, Sussex, Union, Warren Counties)
8/16 – 18,738
8/23 – 18,720 (0.1% Decrease)
NJMLS – http://www.njmls.com
(New Jersey Multiple Listing Service)
Single Family Homes, Condo, Coop
(Bergen, Essex, Hudson, Passaic Counties)
8/16 – 9,228
8/23 – 9,117 (0.4% Decrease)
MLSGuide – http://www.mlsguide.com
Single Family Homes, Condo, Coop
(Hudson County)
8/16 – 2,646
8/23 – 2,676 (1.1% Increase)
For the curious in Bergen County, here is the number of active residential SFH listings; this does NOT include Condos/Co-ops & Twnhs.
03/03 3,132
03/10 3,230
03/17 3,337
03/23 3,432
03/30 3,543
04/05 3,628
04/12 3,706
04/19 3,781
04/24 3,856
05/08 4,082
05/15 4,174
05/22 4,292
05/29 4,352
06/05 4,382
06/12 4,353
06/19 4,526
06/26 4,588
07/05 4,550
07/12 4,613
07/19 4,604
07/26 4,623
08/02 4,562
08/09 4,577 3,207
08/16 4,574 3,187
As of today 8/23 4,546 Last year: 3,182
I was just looking through the MLS and noticed a bunch of “just listed” homes that have been on the market for months with different RE agencies, or possibly contracts expired. It is completely insane that realtors can claim this is a “new” listing. I still don’t see any drastic price reductions at this point.
I was just looking through the MLS and noticed a bunch of “just listed” homes that have been on the market for months with different RE agencies, or possibly contracts expired. It is completely insane that realtors can claim this is a “new” listing. I still don’t see any drastic price reductions at this point.
Your observations are correct! Labor Day starts a new cycle of buyers and you should see an increase in inventory. It’s always a “good thing” to have a fresh listing ready for these buyers.
In actuality, it’s dressing up the pig.
Happy house hunting!
Oink!
“It is completely insane that realtors can claim this is a “new” listing.
All part of the realtor “code of ethics.”