As we head toward the close of 2025, November’s housing data confirms what many REALTORS® are seeing on the ground: buyer demand remains steady, inventory remains tight, and prices continue to show long-term resilience—despite seasonal slowdowns.
Across NCJAR’s footprint the market continues to favor well-priced, well-prepared listings, while buyers are becoming more deliberate in their decision-making.
Below is what matters most for your business.
The Big Picture (All NCJAR Markets)
Across all property types combined:
- Median sales price rose to $610,000, up 3.4% year-over-year
- Closed sales dipped 6.2%, reflecting seasonal and affordability pressures
- Days on market increased to 35 days, signaling a more balanced pace
- Inventory remains constrained at 1.9 months of supply
This is a market normalization where strategy matters more than ever.
Single-Family Homes: Still the Market Driver
Single-family homes continue to anchor the market across the region:
- Prices rose year-over-year in every county analyzed
- Median prices ranged from:
- $625,000 in Passaic County to
- $772,500 in Somerset County
- Most counties saw fewer new listings, reinforcing continued supply challenges
Even with longer days on market, sellers who price accurately are still seeing strong results.
Townhouse & Condo Market: Mixed but Active
Townhouse and condo activity varied by county:
- Median prices increased year-to-date in most counties
- Days on market rose sharply, especially in Union and Essex Counties
- Inventory ticked up slightly, giving buyers more breathing room
This segment is increasingly price-sensitive—presentation and expectations are key .
Adult Communities: Small Sample, Big Swings
Adult community data continues to show volatility due to lower transaction volume:
- Some counties saw double-digit price shifts month-to-month
- Closed sales increased year-over-year in several counties
- Days on market increased across the board
REALTORS® working this niche should lean heavily on hyper-local comps and timing when advising clients .
What This Means for REALTORS®
- Pricing strategy matters more than ever
- Buyers are active—but cautious
- Sellers need data-driven guidance, not 2021 expectations
- Local expertise is your biggest value proposition
NCJAR members are uniquely positioned to guide clients through today’s market using real, local data.
Data provided by New Jersey REALTORS® and compiled from Garden State MLS and New Jersey MLS. Current as of December 9, 2025.
