Long Valley NJ Real Estate Market Update OCTOBER 2014
By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
The numbers for OCTOBER 2014 in Long Valley are up significantly in several key categories: The rolling 12 month sales volume remained virtually unchanged from the prior year decreasing slightly by one (1) unit or (.5%) - Last year: October 2012 thru October 2013 (183) homes sold as compared to the current period: October 2013 thru October 2014 with (182) homes sold. The October year-to-date numbers decreased modestly by eight (8) units or (5%) as compared to last year's unusually high total of (158) homes sold to the current period with (150) homes sold. Note, this is the second highest volume for the month of October YTD in at least the past five (5) years. The monthly volume for the number of sales occurring last October was seven (7) homes sold as compared to this October at twen...