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