December 2007 New Jersey Home Sales
Homes continued to sell in New Jersey during December 2007.
Prices were down about 11% from the previous month.
Average Days on Market (DOM) were only two months in December versus three months in November.
Sellers realized that well priced homes will sell and Buyers took advantage of year end “specials.”
Below are the December (12/1/2007€“12/31/2007) closed sales of single family homes provided by the Garden State MLS.
December 2007 HOME SALES