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2026

Market Insights

Northern New Jersey

Latest Issue — Fall 2026 Report

A MESSAGE FROM OUR CEO

Change is in the Air

For the past several years, our reports have told a familiar story: fewer home sales, rising average sale prices, and a shrinking number of homes for sale. This fall, one part of that story is changing. With a few exceptions, inventory is increasing across the Berkshire Hathaway Fox & Roach, Realtors market area. It’s too soon to call this a balanced market, but after years of limited choice for buyers, it is a change worth watching. In this issue of Market Insights, we'll talk about how the increase in inventory may offer buyers something they have been missing: more choices. This doesn’t necessarily mean prices are headed down. In fact, most economists expect them to continue to rise.

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