This just in from the New Jersey Multiple Listing Service.

NJMLS statistics for November 2012 vs. 2011 are improved on all key metrics continuing recent trends:

Entire NJMLS (all categories, all areas):

Number of Solds up +23.3.0%, Median Sale Price up +5.5%, Under Contracts  up +1.2%, Active Listings down -21.0%.

Single Family Homes (all areas):   

Number of Solds  up +24.3%, Median Sale price up +2.7%, Under Contracts up +0.5%, Active Listings down -23.9%.

Activity is also showing a rise with increases in lockbox showings.

This news combined with the continued low interest rates for mortgages are sure to keep Real Estate on the rise from Winter through Spring.

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* Home shown may have been sold by more than one member of the NJMLS.

Pamela Stetson - Top Ten Agent, Multi-Million Dollar Sales Club. For more information about buying or selling your largest financial asset, contact me at CupaT@aol.com.*The data is based on information from the NJMLS. All information is deemed reliable but is not guaranteed.

Copyright - Pamela Stetson 2012