Market Update
NJ Markets
Q1 2026
Residential Property Snapshot
All | Q1 2026
Med. Sales Price
$370k
4% more than in
Q1 2025
Q1 2025
Avg. Days On Market
44
16% more than in
Q1 2025
Q1 2025
Closed Sales
2,633
7% fewer than in
Q1 2025
Q1 2025
Inventory
1,875
17% more than in
Q1 2025
Q1 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
- Townhomes
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q1 '22 | $275k | $310k | 3941 |
| Q1 '23 | $298k | $329k | 3080 |
| Q1 '24 | $328k | $358k | 2758 |
| Q1 '25 | $355k | $387k | 2825 |
| Q1 '26 | $370k | $413k | 2633 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
- Townhomes
| Closed Under $500k | 77.2% |
|---|---|
| Q1 '26 | 2032 |
| Q1 '25 | 2297 |
| 1YR CHANGE | -12% |
| Closed $500k - $1m | 21.5% |
| Q1 '26 | 565 |
| Q1 '25 | 491 |
| 1YR CHANGE | +15% |
| Closed $1m - $2m | 1.1% |
| Q1 '26 | 30 |
| Q1 '25 | 34 |
| 1YR CHANGE | -12% |
| Closed Over $2m | 0.2% |
| Q1 '26 | 6 |
| Q1 '25 | 3 |
| 1YR CHANGE | +100% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
- Townhomes
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q1 '22 | 31 | $275k |
| Q1 '23 | 37 | $298k |
| Q1 '24 | 33 | $328k |
| Q1 '25 | 38 | $355k |
| Q1 '26 | 44 | $370k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
- Townhomes
| Q1 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
17%
New Listings
New Listings represents the number of properties listed during the quarter.
4%
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.
23%
Closed Sales
-7%
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.
16%
Burlington County
Median
$385k
DOM
45
Sales
955
Inv
720
Camden County
Median
$354k
DOM
43
Sales
1,030
Inv
729
Frenchtown
Median
$650k
DOM
72
Sales
1
Gloucester County
Median
$366k
DOM
46
Sales
620
Inv
390
Haddonfield
Median
$945k
DOM
47
Sales
32
Inv
13
Hunterdon County
Median
$630k
DOM
52
Sales
28
Inv
36
Lambertville
Median
$600k
DOM
45
Sales
10
Inv
5
Medford
Median
$595k
DOM
47
Sales
52
Inv
46
Moorestown
Median
$458k
DOM
39
Sales
31
Inv
31
Riverton
Median
$610k
DOM
41
Sales
5
Inv
1
Stockton
Median
$1.14m
DOM
39
Sales
3
Inv
4