10/18/2026
More homes for sale and higher prices can happen at the same time. 🏡
New Jersey’s latest housing report offers a useful example: September inventory increased 12.1% from a year earlier, yet the statewide median sales price rose 2.8% to $550,000. Pending sales declined 11.3% over that same period.
My take: a market can give buyers more choices before it delivers lower prices. That’s why a headline about rising inventory shouldn’t become your entire negotiation strategy.
For buyers, compare recent sales, the property’s condition, and competing listings before deciding what to offer. For sellers, understand how your home stacks up against the options buyers can tour this weekend. Yesterday’s competition may look different from today’s.
These figures describe New Jersey statewide. Here in the Hudson Valley, we need to evaluate your specific community, property type, and price range.
If you were buying, would having more choices make you comfortable moving forward—or would you wait for prices to change?
Read the report: https://www.insidernj.com/press-release/new-jersey-realtors-september-housing-market-data/
(TRENTON, NJ) Oct. 15, 2026—New Jersey’s housing market continued to offer buyers more options in September, with inventory increasing 12.1% year over year to 22,746 homes for sale, according to data from New Jersey Realtors, the statewide trade association representing 55,000 members. Despite t...