Mountain Lakes, NJ
Housing market overview · Updated weekly
$845,000median sale price
Homes sold
2
Last 12 weeks
Days on market
127
Average pace
Active listings
3
1.5 months supply
Sale-to-list
99.9%
Below asking
The Mountain Lakes housing market is currently classified as a seller's market with a median sale price of $845,000. Prices have fallen 23.2% compared to last year, with homes spending an average of 127 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Mountain Lakes
There are currently 3 homes listed for sale in Mountain Lakes, New Jersey. The median listing price is $1.1M.
Active listings
3
Homes on market
Median list price
$1.1M
Avg. days on market
127
Days until sale
New this week
2
Newly listed
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Frequently asked questions
What is the average home price in Mountain Lakes?
The median home sale price in Mountain Lakes is $845,000, down 23.2% from last year.
How long do homes stay on market in Mountain Lakes?
Homes typically spend 127 days on market before going under contract.
Is Mountain Lakes a buyer's or seller's market?
With 1.5 months of supply, Mountain Lakes is currently a seller's market.
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