New - 6 days on Rocket
$8,133 Closing Credit¹
Listing Office: KELLER WILLIAMS REALTY
Berkeley Heights Township Housing Market Report December 2024•Union County, New Jersey
Housing Prices in Berkeley Heights Township, NJ
How much do homes in Berkeley Heights Township, NJ cost?
Housing Market Conditions
Is Berkeley Heights Township, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Berkeley Heights Township is a Seller's Market
Difference Since December 2023
Since last year, Berkeley Heights Township has remained a Seller's Market.
Insight
Berkeley Heights Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$831,500$328/SqFt
+$101,500
+13.9%
Based on all homes sold in the last 12 months
Insight
Homes in Berkeley Heights Township have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Berkeley Heights Township was $831,500 in December 2024, up 13.9% from last year, and the median price per square foot was $328.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Berkeley Heights Township | $730K | $831.5K | +13.9% |
| Berkeley Heights | $729.5K | $820.5K | +12.5% |
| New Providence | $803K | $900K | +12.1% |
| Watchung | $940K | $978.7K | +4.1% |
| Gillette | $611K | $615K | +0.7% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 22 Bedrooms | $450K | $476.5K | +5.9% |
| 11 Bedroom | $217.5K | $310K | +42.5% |
| 33 Bedrooms | $581.5K | $755K | +29.8% |
| 44 Bedrooms | $810K | $962K | +18.8% |
| 55+ Bedrooms | $987.5K | $1.1M | +19.0% |
Summary: Berkeley Heights Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 2 bedroom homes increased by +5.9%. The home price for 1 bedroom homes increased by +42.5%. The home price for 3 bedroom homes increased by +29.8%. The home price for 4 bedroom homes increased by +18.8%. The home price for 5 bedroom homes increased by +19.0%.
Housing supply in Berkeley Heights Township, NJ
How many homes are available in Berkeley Heights Township, NJ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthDec 2024 | ||
| 242 months agoNov 2024 | -16.7 % Change MoMNov – Dec |
Summary: The Berkeley Heights Township real estate market had 20 homes for sale in Dec 2024, a 16.7 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 10Last MonthDec 2024 | ||
| 62 months agoNov 2024 | +66.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 2 | 1 | -50.0% |
| 11 Bedroom | 1 | 0 | -100.0% |
| 33 Bedrooms | 8 | 8 | 0.0% |
| 44 Bedrooms | 11 | 9 | -18.2% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Berkeley Heights Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -18.2%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Berkeley Heights Township, NJ cost?
Over Asking Price8 Homes
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Berkeley Heights Township, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Berkeley Heights Township in December 2024, up by 66.7% month-over-month. Of the 10 sold homes, 10% were sold under asking, 10% were sold at asking, and and 80% were sold over asking.
Days on Market for Berkeley Heights Township, NJ
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Berkeley Heights Township, NJ
What homes are available in Berkeley Heights Township, NJ?
$10,000 Closing Credit¹
Listing Office: KELLER WILLIAMS TOWNE SQUARE REAL
$10,000 Closing Credit¹
Listing Office: PROMINENT PROPERTIES SIR
$8,301 Closing Credit¹
Listing Office: WEICHERT REALTORS
$9,499 Closing Credit¹
Listing Office: COLDWELL BANKER REALTY
Listing Office: ERA SUBURB REALTY
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MLS Disclaimers and Copyright
Based on information from Garden State MLS, for the period 01/01/2023 - 01/01/2025
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 12:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 12:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.