The NJ Real Estate Market - Why Does Summer Feel Like Spring for Buyers and Sellers

There are many great North Central New Jersey area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (973) 214-0691 for a FREE home buying or selling consultation to answer any of your real estate questions.

The beginning of June usually signals the end of the spring real estate market in Millburn-Short Hills, Summit, Maplewood, South Orange and Livingston. However, the spring market started much later than usual due to our long and difficult winter and has pushed everything back just a little bit.

Things are heating up in the market right now and it is the perfect time to act if you were thinking about selling your home. The inventory of homes in Maplewood, West Orange and Summit are much lower  than they were at this point last year.

Other towns such as Madison and Chatham are down over 30% in overall home sales from this point last year even though the inventory in these areas is around the same.

Currently, interest rates are extremely low on new homes and things look to be teetering towards a spike in the market as we enter the summer months. It is tough to predict in this constantly changing market place, but it is a good bet for things to heat up in the summer and inventory to rise. You may regret not taking advantage of the current market if you wait that long!

If you have any questions about real estate, or would just like some information about selling your home, please give me a call at (973) 214-0691 or by e-mail at