Market Update
Central New Jersey
Q2 2026
Residential Property Snapshot
All | Q2 2026
Med. Sales Price
$576k
2% more than in
Q2 2025
Q2 2025
Avg. Days On Market
38
9% more than in
Q2 2025
Q2 2025
Closed Sales
4,187
0% change from
Q2 2025
Q2 2025
Inventory
3,706
21% more than in
Q2 2025
Q2 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
- Townhomes
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q2 '22 | $450k | $528k | 5654 |
| Q2 '23 | $470k | $550k | 4272 |
| Q2 '24 | $540k | $626k | 4259 |
| Q2 '25 | $565k | $656k | 4188 |
| Q2 '26 | $576k | $661k | 4187 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
- Townhomes
| Closed Under $500k | 36.3% |
|---|---|
| Q2 '26 | 1520 |
| Q2 '25 | 1576 |
| 1YR CHANGE | -4% |
| Closed $500k - $1m | 52.6% |
| Q2 '26 | 2203 |
| Q2 '25 | 2146 |
| 1YR CHANGE | +3% |
| Closed $1m - $2m | 9.9% |
| Q2 '26 | 415 |
| Q2 '25 | 411 |
| 1YR CHANGE | +1% |
| Closed Over $2m | 1.2% |
| Q2 '26 | 49 |
| Q2 '25 | 55 |
| 1YR CHANGE | -11% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
- Townhomes
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q2 '22 | 29 | $450k |
| Q2 '23 | 34 | $470k |
| Q2 '24 | 31 | $540k |
| Q2 '25 | 35 | $565k |
| Q2 '26 | 38 | $576k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
- Townhomes
| Q2 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
21%
New Listings
New Listings represents the number of properties listed during the quarter.
15%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
18%
Closed Sales
-0%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
9%
Cranbury, NJ
Median
$1.03m
DOM
40
Sales
12
Inv
10
Hillsborough, NJ
Median
$663k
DOM
30
Sales
127
Inv
107
Hopewell Borough, NJ
Median
$727k
DOM
57
Sales
4
Inv
6
Hopewell Township, NJ
Median
$638k
DOM
23
Sales
126
Inv
89
Lambertville, NJ
Median
$615k
DOM
65
Sales
17
Inv
16
Lawrence Township, NJ
Median
$515k
DOM
32
Sales
78
Inv
67
Montgomery Township, NJ
Median
$955k
DOM
30
Sales
97
Inv
101
Pennington, NJ
Median
$795k
DOM
19
Sales
9
Inv
11
Princeton, NJ
Median
$1.4m
DOM
50
Sales
78
Inv
58
West Windsor, NJ
Median
$869k
DOM
52
Sales
82
Inv
56