Is Livingston Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Livingston Township was a Seller's Market.
Key Takeaway
Livingston Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Livingston Township, NJ
How much do homes in Livingston Township, NJ cost?
Median Sold Price
$970,000
$368/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Livingston Township have sold for 22.5% more than they did a year ago.
Summary: The median home sold price in Livingston Township was $970,000 in March 2024, up 22.5% from last year, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $826K | - | N/A |
| 2 Bedrooms | $525K | $605K | +15.2% |
| 3 Bedrooms | $631K | $700K | +10.9% |
| 4 Bedrooms | $830K | $950K | +14.5% |
| 5+ Bedrooms | $1.4M | $1.5M | +10.7% |
Summary: Livingston Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 10.7%.
Median Sold Price Compared To Nearby Cities
| Livingston Township | $791.8K | $970K | +22.5% |
| Livingston | $793.6K | $970K | +22.2% |
| Florham Park | $754K | $905K | +20.0% |
| East Hanover | $621.5K | $655.7K | +5.5% |
| East Hanover Township | $621.5K | $655.7K | +5.5% |
Housing Supply in Livingston Township, NJ
How many homes are available in Livingston Township, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 88 | 119 | +35.2% |
Summary: The Livingston Township real estate market had 119 homes for sale in March 2024, a 35.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 8 | 15 | +87.5% |
| 4 Bedrooms | 9 | 20 | +122.2% |
| 5+ Bedrooms | 61 | 73 | +19.7% |
Summary: The Livingston Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 87.5%, 4 bedroom homes increased by 122.2%, and 5+ bedroom homes increased by 19.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 15 | +114.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Livingston Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Livingston Township in March 2024, up by 114.3% month-over-month. Of the 15 sold homes, 7% were sold under asking, 33% were sold at asking, and 60% were sold over asking.
Days on Market for Livingston Township, NJ
We’re sorry, we don't have information for this market at the moment
