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BHHS logo

2023

Market Insights

Central New Jersey

Latest Issue — Q4 2022 Report

A MESSAGE FROM OUR CEO

2023. Will it end as it began?

Last year saw quite a change in the real estate market. It began on the heels of 2021, with record sales and incredibly low mortgage interest rates. But all that changed in 2022. Find out where we are now and what we can expect in 2023.

Larry Flick V

Chief Executive Officer

No

– By The Numbers –
Q3 2022 compared to Q3 2021

-3.4%
Home Sales
-13.45%
Pending Sales
-17.73%
Number of Houses for Sale
+4.5%
Average Sale Price
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