New Jersey Home Price Tracker

<< Back Home                                         Created : Apr 13, 2006
                                                *** Last Updated : Jan 1, 2010


 Data obtained from New Jersey Association of Realtors.

New Jersey Median & Average Home Median


Quarterly Average & Median Home Prices for New Jersey and Regions

Qtr New Jersey Northern Central Southern       New Jersey Northern Central Southern
Median YOY Median YOY Median YOY Median YOY Average YOY Average YOY Average YOY Average YOY
2010-3 316.7 -1.4% 387.5 -0.4% 326.6 1.9% 213.7 1.2% 345.6 -0.6% 396.3 -2.0% 350.4 0.9% 245.7 1.3%
2010-2 305.9 -2.0% 373.8 1.4% 314.6 0.2% 207.3 -3.4% 338.1 0.2% 389 1.2% 342.4 0.3% 238.6 -2.8%
2010-1 293.1 -2.2% 360 1.9% 298.6 -3.2% 198.7 -3.4% 327.9 -0.3% 376.6 1.0% 334.7 -0.8% 229.4 -3.5%
2009-4 296 -8.2% 353.1 -7.6% 308.9 -3.8% 200 -10.4% 327.3 -6.4% 373.3 -6.8% 336.1 -4.4% 232.1 -8.0%
2009-3 321.2 -11.9% 389.1 -13.7% 320.6 -11.2% 211.1 -9.0% 347.6 -9.5% 404.5 -9.9% 347.4 -9.2% 242.5 -8.8%
2009-2 312 -13.6% 368.6 -16.1% 313.9 -10.2% 214.7 -9.9% 337.4 -11.7% 384.3 -13.5% 341.4 -9.3% 245.5 -10.1%
2009-1 299.8 -14.5% 353.3 -16.1% 308.5 -11.6% 205.7 -11.6% 328.9 -11.8% 372.7 -13.6% 337.3 -9.4% 237.7 -10.0%
Qtr Median YOY Median YOY Median YOY Median YOY Average YOY Average YOY Average YOY Average YOY
2008-4 322.6 -9.3% 382.3 -8.6% 321 -10.0% 223.1 -5.9% 349.5 -7.1% 400.4 -6.8% 351.7 -7.5% 252.3 -7.7%
2008-3 364.5 -4.4% 450.7 -5.1% 361.2 -2.6% 232.1 -4.8% 384.3 -3.7% 449.1 -4.3% 382.8 -2.6% 266 -3.4%
2008-2 361.2 -4.1% 439.4 -5.0% 349.5 -5.2% 238.3 -1.4% 382 -3.2% 444.4 -3.7% 376.4 -4.2% 273 -0.2%
2008-1 350.7 -2.9% 420.9 -4.6% 348.9 -0.4% 232.7 0.8% 372.8 -1.7% 431.6 -3.7% 372.4 -0.3% 264.2 2.0%
2007-4 355.6 -1.2% 418.5 -5.6% 356.8 3.1% 237 1.5% 376.4 -1.1% 429.5 -4.6% 380.2 2.8% 273.4 3.8%
2007-3 381.4 -1.0% 474.9 2.1% 370.9 -5.9% 243.9 2.3% 399 -0.4% 469.3 1.3% 393.2 -5.2% 275.3 2.9%
2007-2 376.5 0.7% 462.5 1.5% 368.7 -1.0% 241.6 2.4% 394.8 1.1% 461.4 1.1% 392.8 -0.4% 273.5 3.9%
2007-1 361.3 1.3% 441.2 2.4% 350.2 -1.8% 230.8 2.1% 379.4 1.3% 448 2.2% 373.6 -0.5% 259 1.2%
Qtr Median YOY Median YOY Median YOY Median YOY Average YOY Average YOY Average YOY Average YOY
2006-4 360 0.3% 443.4 4.5% 346 -4.4% 233.4 2.5% 380.4 1.1% 450.4 3.3% 369.9 -2.6% 263.3 0.9%
2006-3 385.2 3.9% 465.2 2.8% 394.2 7.1% 238.5 2.4% 400.6 3.2% 463.3 2.0% 414.8 6.6% 267.5 0.9%
2006-2 373.9 5.7% 455.7 7.3% 372.6 3.4% 235.9 10.9% 390.5 4.6% 456.6 4.9% 394.5 2.5% 263.3 7.6%
2006-1 356.7 9.7% 431 10.2% 356.8 11.3% 226.1 17.5% 374.7 8.2% 438.2 6.6% 375.5 8.4% 256 13.8%
2005-4 359 11.5% 424.5 9.8% 361.9 12.3% 227.6 20.2% 376.3 9.5% 436.1 7.2% 379.9 9.6% 260.9 19.4%
2005-3 370.7 12.4% 452.6 11.9% 368.2 15.0% 232.9 22.8% 388.3 10.1% 454 7.7% 389.3 12.3% 265.2 19.6%
2005-2 353.7 15.0% 424.7 12.0% 360.5 20.8% 212.8 18.0% 373.3 11.3% 435.2 9.1% 384.7 15.3% 244.8 15.6%
2005-1 325.3 14.6% 391.2 10.7% 320.5 14.6% 192.5 18.8% 346.2 10.5% 411.2 9.2% 346.4 10.6% 225 18.8%
2004-4 322.1 15.0% 386.5 12.9% 322.2 15.2% 189.3 19.4% 343.8 11.7% 406.9 10.7% 346.5 11.4% 218.5 15.9%
2004-3 329.7 11.9% 404.6 10.1% 320.2 9.9% 189.7 12.4% 352.6 8.6% 421.7 8.2% 346.6 7.7% 221.7 11.1%
2004-2 307.6 12.2% 379.3 10.6% 298.5 12.3% 180.4 14.7% 335.3 10.3% 399 8.9% 333.6 11.6% 211.8 15.7%
2004-1 283.8 8.5% 353.5 8.2% 279.6 8.7% 162 11.3% 313.2 7.4% 376.5 5.8% 313.3 9.2% 189.4 11.9%
Qtr Median YOY Median YOY Median YOY Median YOY Average YOY Average YOY Average YOY Average YOY
2003-4 280.1 10.1% 342.4 8.5% 279.8 12.1% 158.6 10.4% 307.9 8.1% 367.7 6.6% 311 10.4% 188.6 11.9%
2003-3 294.7 12.7% 367.5 9.7% 291.4 13.0% 168.7 17.6% 324.8 10.3% 389.7 7.7% 321.9 11.5% 199.6 19.8%
2003-2 274.2 13.1% 342.8 11.0% 265.8 13.3% 157.3 15.4% 304.1 9.5% 366.4 7.4% 298.9 11.7% 183.1 14.2%
2003-1 261.6 18.7% 326.8 14.3% 257.2 22.8% 145.5 21.3% 291.7 13.2% 355.9 10.4% 286.8 17.1% 169.2 20.9%
2002-4 254.4 19.3% 315.6 15.9% 249.7 23.7% 143.6 13.5% 284.7 13.9% 344.9 12.2% 281.7 18.4% 168.6 15.3%
2002-3 261.6 16.7% 335 15.5% 257.9 20.5% 143.5 10.6% 294.4 12.1% 361.8 11.4% 288.7 15.9% 166.6 10.3%
2002-2 242.5 NA 308.8 NA 234.5 NA 136.3 NA 277.6 NA 341.2 NA 267.7 NA 160.3 NA
2002-1 220.4 NA 286 NA 209.5 NA 120 NA 257.6 NA 322.5 NA 245 NA 140 NA
2001-4 213.3 NA 272.4 NA 201.8 NA 126.5 NA 249.9 NA 307.3 NA 237.9 NA 146.2 NA
2001-3 224.1 NA 290 NA 214.1 NA 129.7 NA 262.7 NA 324.7 NA 249 NA 151.1 NA


North Eastern New Jersey




Southern & Central New Jersey


North Eastern New Jersey Median Home Prices

Qtr Bergen Essex Hudson Morris Passaic Somerset Suburban Essex Union
Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY
2006-4 NA NA 405.7 -4.7% 363.6 4.8% 515.3 4.5% 397.5 6.3% 430 -8.5% 374.5 -5.5% 377.4 -0.2%
2006-3 545.1 -0.7% 471.1 1.7% 366 4.7% 546.1 1.4% 382 1.2% 502 1.6% NA NA 400 2.6%
2006-2 532 2.9% 456 8.2% 373 20.7% 548.2 13.0% 379 4.1% 489.1 3.5% NA NA 394.2 6.3%
2006-1 541.9 14.8% 424.9 14.2% NA NA 511.4 13.3% 377 7.3% 486.4 9.5% 383.4 10.8% 375 -0.5%
2005-4 519.1 12.1% 425.6 12.3% 347.1 19.8% 492.9 12.8% 373.8 9.6% 470.2 13.7% 396.3 14.0% 378.2 8.9%
2005-3 549.2 14.6% 463.3 12.0% 349.5 30.3% 538.6 11.4% 377.6 9.9% 494.2 8.5% 414.9 22.0% 389.7 8.3%
2005-2 517 18.0% 421.5 10.0% 309.1 13.8% 485 10.2% 364 17.5% 472.6 5.5% 358.7 14.3% 371 6.3%
2005-1 471.9 15.6% 372 12.2% 324.2 32.3% 451.3 10.2% 351.3 18.5% 444.2 0.6% 345.9 23.9% 377 28.5%
2004-4 463.1 18.3% 378.9 15.0% 289.8 27.7% 437.1 12.0% 341.2 13.5% 413.5 7.3% 347.6 26.4% 347.3 20.7%
2004-3 479.1 13.7% 413.7 12.0% 268.3 -1.1% 483.7 13.4% 343.7 13.9% 455.3 4.5% 340.1 6.0% 359.8 14.2%
2004-2 438.1 12.5% 383.2 11.8% 271.6 10.6% 440.3 12.2% 309.8 9.1% 448 12.7% 313.9 6.7% 349.1 20.5%
2004-1 408.1 6.9% 331.6 7.1% 245.1 17.7% 409.4 11.2% 296.4 4.8% 441.4 14.5% 279.2 0.8% 293.3 5.5%
Qtr Bergen Essex Hudson Morris Passaic Somerset Suburban Essex Union
Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY
2003-4 391.6 2.7% 329.6 6.6% 226.9 8.7% 390.3 6.0% 300.7 11.7% 385.2 10.2% 275 -13.0% 287.7 8.0%
2003-3 421.4 10.5% 369.5 8.3% 271.2 31.5% 426.5 11.5% 301.7 13.8% 435.7 19.9% 320.7 -15.0% 315.1 10.6%
2003-2 389.3 6.3% 342.8 15.0% 245.5 29.6% 392.5 10.5% 283.9 13.5% 397.4 7.8% 294.2 -12.6% 289.6 12.9%
2003-1 381.9 15.5% 309.7 9.7% 208.3 19.1% 368.2 8.9% 282.7 18.7% 385.5 11.5% 276.9 NA 277.9 17.3%
2002-4 381.4 17.2% 309.2 16.1% 208.8 27.4% 368.2 23.8% 269.3 15.2% 349.5 3.7% 316.2 NA 266.4 15.0%
2002-3 381.4 11.3% 341.2 17.9% 206.2 17.3% 382.5 11.7% 265 11.0% 363.5 6.6% 377.1 NA 285 18.3%
2002-2 366.3 25.7% 298 9.2% 189.4 15.4% 355.2 12.5% 250.2 14.5% 368.8 12.1% 336.5 NA 256.6 10.2%
2002-1 330.6 12.7% 282.3 33.5% 174.9 13.1% 338.1 8.1% 238.1 17.1% 345.6 13.8% NA NA 236.9 14.7%
2001-4 325.5 9.9% 266.3 12.6% 163.9 7.1% 297.5 1.0% 233.8 17.7% 337 9.0% NA NA 231.6 11.1%
2001-3 342.8 6.0% 289.5 13.4% 175.8 23.9% 342.3 9.8% 238.7 19.5% 341.1 6.7% NA NA 240.9 13.7%
2001-2 291.3 NA 273 NA 164.1 NA 315.8 NA 218.6 NA 329 NA 284.8 NA 232.8 NA
2001-1 293.3 NA 211.5 NA 154.7 NA 312.7 NA 203.4 NA 303.8 NA 291.6 NA 206.6 NA
2000-4 296.2 NA 236.5 NA 153 NA 294.5 NA 198.6 NA 309.2 NA 273.6 NA 208.4 NA
2000-3 323.4 NA 255.2 NA 141.9 NA 311.8 NA 199.7 NA 319.6 NA 310.1 NA 211.9 NA


Central & Southern New Jersey Median Home Prices

Qtr Mercer Middlesex Monmouth Jersey Shore Burlington Camden Cape May Gloucester South Jersey
Shore
Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY
2006-4 289 18.9% 373 -0.5% 377.4 -4.2% 286.2 -6.7% 262.8 5.1% 203.3 8.5% 339.6 -2.4% 230.3 6.1% 240.6 -3.8%
2006-3 309.8 6.6% 390.3 3.9% 444.3 12.5% 296.8 3.3% 271.7 5.6% 212.6 8.1% 318 NA 229.2 5.7% 247.3 -0.1%
2006-2 290.4 9.9% 376.7 5.5% 413.6 0.0% 353.2 20.6% 270.9 12.5% 202.7 13.9% 333.6 NA 227.1 -7.3% 240.4 10.6%
2006-1 264.9 17.5% 371.7 10.9% 385.4 NA 290.2 7.4% 248.1 12.8% 187.6 13.4% 298.9 NA 214.3 17.9% 246 13.2%
2005-4 243.1 5.7% 375 12.4% 394 10.2% 306.7 10.8% 250.1 16.0% 187.4 16.8% 347.9 NA 217.1 19.5% 250.1 15.5%
2005-3 290.5 16.0% 375.8 13.5% 395.1 11.9% 287.4 6.0% 257.4 14.5% 196.7 19.9% 345.9 17.4% 216.9 19.3% 247.6 22.3%
2005-2 264.3 12.0% 357.2 19.5% 413.7 22.1% 292.9 17.3% 240.7 14.2% 178 13.8% NA NA 244.9 25.7% 217.4 11.6%
2005-1 225.4 8.0% 335.3 17.8% 358.5 15.5% 270.1 12.7% 220 18.3% 165.5 21.3% NA NA 181.7 16.3% 217.4 23.2%
2004-4 230 12.4% 333.5 17.0% 357.5 17.1% 276.8 NA 215.6 15.4% 160.5 21.2% NA NA 181.7 18.2% 216.5 25.7%
2004-3 250.4 6.9% 331.1 14.3% 353.1 13.6% 271.1 NA 224.9 12.1% 164 8.2% 294.6 NA 181.8 13.9% 202.4 19.8%
2004-2 235.9 11.2% 299 10.7% 338.8 18.5% 249.7 21.8% 210.7 16.0% 156.4 12.4% NA NA 194.8 29.4% 194.8 18.6%
2004-1 208.8 8.9% 284.7 9.3% 310.3 14.8% 239.7 NA 186 8.4% 136.4 10.2% NA NA 156.2 14.5% 176.4 12.2%
Qtr Mercer Middlesex Monmouth Jersey Shore Burlington Camden Cape May Gloucester South Jersey
Shore
Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY Median YOY
2003-4 204.6 12.8% 285.1 11.2% 305.4 16.7% NA NA 186.8 11.4% 132.4 4.6% NA NA 153.7 12.6% 172.2 14.2%
2003-3 234.3 22.2% 289.6 13.2% 310.9 13.7% NA NA 200.7 19.9% 151.6 19.2% NA NA 159.6 19.4% 169 12.9%
2003-2 212.2 15.2% 270.1 13.3% 286 17.8% 205 18.8% 181.6 12.1% 139.2 18.9% NA NA 150.5 13.5% 164.2 18.0%
2003-1 191.7 24.0% 260.5 16.2% 270.4 23.4% NA NA 171.6 8.8% 123.8 10.2% NA NA 136.4 14.2% 157.2 17.6%
2002-4 181.4 15.0% 256.4 19.3% 261.7 22.1% NA NA 167.7 13.8% 126.6 14.5% NA NA 136.5 12.6% 150.8 16.5%
2002-3 191.7 5.0% 255.9 17.0% 273.5 26.0% 180.9 NA 167.4 12.0% 127.2 9.5% NA NA 133.7 4.6% 149.7 13.8%
2002-2 184.2 12.2% 238.4 17.6% 242.7 21.0% 172.6 NA 162 7.4% 117.1 3.4% NA NA 132.6 2.8% 139.1 9.1%
2002-1 154.6 NA 224.2 19.2% 219.1 11.6% NA NA 157.7 20.1% 112.3 14.8% NA NA 119.4 4.8% 133.7 18.8%
2001-4 157.8 13.4% 214.9 16.2% 214.3 20.5% NA NA 147.3 16.4% 110.6 14.1% NA NA 121.2 9.8% 129.4 10.0%
2001-3 182.5 10.7% 218.8 15.6% 217 21.4% NA NA 149.4 6.4% 116.2 9.3% NA NA 127.8 6.4% 131.5 11.1%
2001-2 164.2 NA 202.8 NA 200.6 NA NA NA 150.8 NA 113.2 NA NA NA 129 NA 127.5 NA
2001-1 NA NA 188.1 NA 196.4 NA NA NA 131.3 NA 97.8 NA NA NA 113.9 NA 112.5 NA
2000-4 139.1 NA 184.9 NA 177.9 NA NA NA 126.6 NA 96.9 NA NA NA 110.4 NA 117.6 NA
2000-3 164.9 NA 189.3 NA 178.8 NA NA NA 140.4 NA 106.3 NA NA NA 120.1 NA 118.4 NA
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