Volume of Homes are Down, While Prices Rise
In the last year, Morristown's sharp 19.13% in available homes on the market accordingly saw 20% reduction of days on market. The Garden State Multiple listing data confirms the average home sale price jumped up 7.8% to $499.224in 2018 compared to 2017's average sale price of $463,170.
Morristown Home Sales 2018
Source: Garden State MLS and/or Central Jersey MLS.
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