Demarest, NJ

Buyer's market-1.7% YoY

Housing market overview · Updated weekly

$2.75Mmedian sale price

Homes sold

2

Last 12 weeks

Days on market

78

Average pace

Active listings

15

7.5 months supply

Sale-to-list

99.2%

Below asking

The Demarest housing market is currently classified as a buyer's market with a median sale price of $2.75M. Prices have fallen 1.7% compared to last year, with homes spending an average of 78 days on market, indicating 7.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Demarest

There are currently 15 homes listed for sale in Demarest, New Jersey. The median listing price is $2.1M.

Active listings

15

Homes on market

Median list price

$2.1M

Avg. days on market

78

Days until sale

New this week

6

Newly listed

Sale-to-list:99.2%

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Frequently asked questions

What is the average home price in Demarest?

The median home sale price in Demarest is $2.75M, down 1.7% from last year.

How long do homes stay on market in Demarest?

Homes typically spend 78 days on market before going under contract.

Is Demarest a buyer's or seller's market?

With 7.5 months of supply, Demarest is currently a buyer's market.

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