New Providence, NJ

Seller's market+76.7% YoY

Housing market overview · Updated weekly

$1.32Mmedian sale price

Homes sold

3

Last 12 weeks

Days on market

16

Fast-moving

Active listings

9

3.0 months supply

Sale-to-list

102.9%

Above asking

The New Providence housing market is currently classified as a seller's market with a median sale price of $1.32M. Prices have risen 76.7% compared to last year, with homes spending an average of 16 days on market, indicating 3.0 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 New Providence

There are currently 9 homes listed for sale in New Providence, New Jersey. The median listing price is $899K.

Active listings

9

Homes on market

Median list price

$899K

Avg. days on market

16

Days until sale

New this week

11

Newly listed

Sale-to-list:102.9%

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Frequently asked questions

What is the average home price in New Providence?

The median home sale price in New Providence is $1.32M, up 76.7% from last year.

How long do homes stay on market in New Providence?

Homes typically spend 16 days on market before going under contract.

Is New Providence a buyer's or seller's market?

With 3.0 months of supply, New Providence is currently a seller's market.

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