New Jersey Loosened to 2.6 Months. The Average Is Hiding Your Market.
Statewide months of supply rose from 2.2 to 2.6 in July — the first genuine loosening this cycle. But a statewide average is a blunt instrument. Underneath it, the entry market cooled hard, the top end went its own way, and Essex single-family between $600K and $1M still sold at a median 111% of lis
Bergen County's $1M–$1.5M Buyers Aren't Waiting for Rates to Drop
Bergen County's $1M–$1.5M Buyers Aren't Waiting for Rates to Drop Everyone assumes higher mortgage rates cool demand. Bergen County's $1M–$1.5M buyers didn't get the memo. Rate & Market Pulse Mortgage rates just hit another high. The surprising part isn't the rates — it's what buyers are doing anywa
The Two-Speed Market: What the Rate Break Actually Does to Northern NJ
July 24, 2026 · Bergen · Essex · Morris The Two-Speed Market: What the Rate Break Actually Does to Northern NJ Rates just hit a 13-month high — but the real story is what the break does inside a two-month-supply market: nearly half of homes still sell in 14 days, over ask, while the other half qui
The Year Nothing Changed: Morris County's $1.2M–$1.5M Buyer Refuses the Headlines
Northern NJ Real Estate Weekly | Week of July 10, 2026 The Year Nothing Changed: Morris County's $1.2M–$1.5M Buyer Refuses the Headlines Rates went up again this week for reasons that have nothing to do with Morris County. The data says the county's move-up buyer didn't notice. Rate & Market Pulse
Eric DeSilva
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