Is Sayreville, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Sayreville has remained a Seller's Market.
Housing Prices in Sayreville, NJ
How much do homes in Sayreville, NJ cost?
Median Sold Price
$445,000
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sayreville was $445,000 in March 2024, up 7.1% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $270K | +14.9% |
2 Bedrooms | $340K | $350K | +2.9% |
3 Bedrooms | $410K | $445K | +8.5% |
4 Bedrooms | $525K | $553.7K | +5.5% |
5+ Bedrooms | $605K | $682.5K | +12.8% |
Summary: Sayreville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.9%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Cities
South Amboy | $415K | $451K | +8.7% |
Sayreville | $415.4K | $445K | +7.1% |
Parlin | $426.6K | $435K | +2.0% |
South River | $430K | $410K | -4.7% |
Housing Supply in Sayreville, NJ
How many homes are available in Sayreville, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
87 | 93 | +6.9% |
Summary: The Sayreville real estate market had 93 homes for sale in March 2024, a 6.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 26 | 24 | -7.7% |
3 Bedrooms | 34 | 33 | -2.9% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 9 | 15 | +66.7% |
Summary: The Sayreville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 18 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Sayreville in March 2024, down by 33.3% month-over-month. Of the 18 sold homes, 11% were sold under asking, 6% were sold at asking, and 83% were sold over asking.
Days on Market for Sayreville, NJ
How long does it take to sell a home in Sayreville, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 27 Days | -38.6% |
Summary: Homes in Sayreville had an average of 27 days on market in Mar 2024, down by 38.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in Sayreville; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.