NJ Market Snapshot — June 2026
The New Jersey real estate market continues to show resilience heading into summer 2026. But rising inventory and stubbornly high mortgage rates are creating a more balanced dynamic — and smart sellers are adjusting their strategies.### Key Metrics
- Median Sale Price: $545,000 — up 4.2% year-over-year - Days on Market: 28 days average (down from 34 last year) - Inventory: 12% more listings than June 2025 - Mortgage Rates: 6.75% average for 30-year fixed Data sourced from NJMLS and GSMLS via Garden State AI.
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