Midtown Direct Real Estate News

Real Estate News from South Orange to Morristown New Jersey, The Towns Of The Midtown Direct Line

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Morristown NJ Real Estate Market Update

July 17th, 2008 · No Comments

With half the year gone already I thought it time to put out a update on what the Morristown NJ Real Estate Market statistics look like now.

Currently the market is fairly slow, but this is not that uncommon considering it is the middle of summer and many people have vacations and beaches on their minds.  Currently there are 115 homes activly for sale in Morristown New Jersey.

Morristown NJ Real Estate Market Statistics

  • $589,159 is the average price of a Morristown NJ home activly for sale
  • $209,900 is the cheepest home on the market
  • $2,250,000 is the most expencive home on the market
  • 87.1 Days on the market is the average for the Morristown market as of today.

There currently are quite a number of great deals on the market here in Morristown New Jersey, many of the home sellers now understand that pricing of their home is very important, they now know that if they over price by even a little bit it is unlikely that their home will sell.  You the home buyer can now get a great deal on your next home.

James Boyer
Morristown NJ REALTOR
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

Tags: Morristown NJ Real Estate

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