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These 5 N.J. towns are where the most homes sold last year
Updated Mar 13, 2021;
Posted Mar 13, 2021
This Shelter Cove home has 4 bedrooms and 2.5 bathrooms and is currently listed at $439,000.
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Houses were flying off the market in the second half of 2020.
Bolstered by low interest rates and the confines of the pandemic, many people sought new digs. First-time homebuyers, second home purchasers and folks fleeing the city fueled the sellers market.
Data from New Jersey Realtors indicates that these five New Jersey towns had the most closings on single-family homes last year.
Hamilton Township, Mercer County
Coming in at number five, Hamilton Township in Mercer County had 820 closings on single-family homes. It also had the lowest median home value on this list, at $274,500.
Favorable inventories and interest rates helped inoculate the Florida Keys real estate market from the economic impacts of COVID-19 in 2020, one of the best years for sales in recent
Knock Home Swap™ Expands in Arizona and Colorado, Now Available in Tucson and Colorado Springs
Homeowners in 17 markets can safely and conveniently buy their new home before they sell
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NEW YORK, Feb. 11, 2021 /PRNewswire/ Starting today, homeowners in Tucson, Ariz., and Colorado Springs, Colo., can now skip the hassles of living through repairs and showings by buying before they sell with the Knock Home Swap. Bringing certainty, convenience and cost savings to the often stressful process of selling a home, the Home Swap makes it easy for homeowners to get pre-funded for a competitively priced mortgage from Knock before listing and selling their house on the open market for the maximum price.
Homes in Colorado Springs appreciated 11.3 percent in 2020 â ranking No. 5 nationwide in percentage increase in value. CaseyMartin / Shutterstock.com
On Jan. 4, only 341 single family detached homes in all price categories were for sale in El Paso County. Also listed that day were eight patio homes, 34 townhomes and 16 condos.
Harry Salzman, ERA Shields/Salzman Real Estate Services, pulled that data from the Colorado Multiple Listing Service.
In a county with a population currently estimated by the U.S. Census Bureau at more than 720,000, those figures reveal that homes are getting snapped up.
Another way to look at the local home market is months-supply data â the number of months it would take for current inventory on the market to sell, given the current pace.