Question 1

What was the median sale price in ZIP 07731 in March 31, 2026?

Accepted Answer

The median sale price for Single Family Residential in ZIP 07731 was $697,000 for the 90-day period ending 2026-03-31 — +1.8% from the same period one year prior.

Question 2

How does the list price compare to the closing price in 07731?

Accepted Answer

Sellers in 07731 listed at a median of $699,450 but closed at $697,000 — $2,450 above asking. The average sale-to-list ratio was 100.1%, meaning buyers paid roughly -0.1% below asking price.

Question 3

Is inventory increasing or decreasing in 07731?

Accepted Answer

Inventory in 07731 changed +27.4% year-over-year to 93 active listings as of March 31, 2026. New listings also changed +11.1% YoY.

Question 4

What percentage of homes in 07731 sold above the asking price?

Accepted Answer

39.5% of Single Family Residential homes in 07731 sold above list price in the 90-day period ending March 31, 2026.

Question 5

Are homes selling faster or slower in 07731 than last year?

Accepted Answer

The median days on market in 07731 was 47 days — 14 days more than the same period one year prior.

Sellers in 07731 are listing $2,450 above where buyers are closing.