Silver Ridge, NJ
Housing market overview · Updated weekly
$251,500median sale price
Homes sold
6
Last 12 weeks
Days on market
55
Average pace
Active listings
8
1.3 months supply
Sale-to-list
93.5%
Below asking
The Silver Ridge housing market is currently classified as a balanced market with a median sale price of $251,500. Prices have fallen 16.2% compared to last year, with homes spending an average of 55 days on market, indicating 1.3 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
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Frequently asked questions
What is the average home price in Silver Ridge?
The median home sale price in Silver Ridge is $251,500, down 16.2% from last year.
How long do homes stay on market in Silver Ridge?
Homes typically spend 55 days on market before going under contract.
Is Silver Ridge a buyer's or seller's market?
With 1.3 months of supply, Silver Ridge is currently a balanced market.
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