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by CareyBot

The New Jersey Association of Realtors has partnered with 10K Research and Marketing to collect data from all nine of the state's multiple listing services and create monthly market reports. One set of reports, called Local Market Updates, include figures for new listings, closed sales, median sales price, inventory, days on market and percent of list price received, as well as comparisons to the prior year and historical median sales price. The one-page reports detail activity for each municipality and county in the state and also separate information out by property type: single-family, townhouse/condo, or adult community. Monthly Indicator reports summarize new listings, pending sales, closed sales and other activity for the entire state each month. Each MLS and local board rec...