Mountain Lakes, NJ

Seller's market-23.2% YoY

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

Sale-to-list:99.9%

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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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