NJ Realtors® Weekly–March 29

Published Mar 29, 2023

NJ Realtors® Weekly–March 29

Top Story of the Week

Median Sales Price Continues to Rise

According to New Jersey Realtors® February housing market data reports, the total market median sales price is $410,000 year-to-date, an increase of 2.5% over last year. The single-family median sales price was also on the rise in February, with the year-to-date median sales price reaching $449,000.

While prices are high, buyers are beginning to bid under asking, with the percentage of list price received decreasing by 1.8% year-to-date to 99.2%.

Read the full report. 


Being a Member Has its Perks

Scholarship Applications Closing Soon 

New Jersey Realtors® Educational Foundation scholarship applications must be submitted by April 10 at 5 p.m. EST. If someone in your family is currently enrolled or planning to enroll in an undergraduate program, encourage them to apply before it's too late.

Learn more here. 

Read This: NJ Town Wins Main Street Award

Main Street America awarded the Metuchen Downtown Alliance with the Great American Main Street Award. Read more here.


State of the State

23 Ways to Advocate in 2023

Here's how you can get more involved in the real estate industry.

  1. Attend the 2023 Realtors® Legislative Meeting from May 6-11 in Washington, D.C.
  2. Read "State of the State" each week in NJ Realtors® Weekly.
  3. Invest in the Realtors® Political Action Committee of NJ.

Read more here.