NCJAR

Market Data

NCJAR Market Data is a comprehensive report that provides valuable insights into the real estate market in the North Central New Jersey region. It includes key metrics such as median listing price, average selling price, number of active listings, and the average days a property stays on the market, among others. This dynamic tool serves as a valuable resource for Realtors, buyers, and sellers, assisting them in making well-informed decisions in their real estate transactions.

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February 2026 Market Stats

Despite improving affordability conditions, U.S. existing-home sales declined 8.4% to a seasonally adjusted annual rate of 3.91 million, a 4.4% drop from one year earlier, according to the National Association of REALTORS® (NAR). The slowdown followed a 5.1% increase the previous month and modest gains throughout the fall. Sales retreated month-over-month and year-over-year in all four regions.

  • Single Family Closed Sales were down 12.1 percent to 788.
  • Townhouse-Condo Closed Sales were down 8.9 percent to 215.
  • Adult Communities Closed Sales were down 9.7 percent to 28.

Webinar Recording: Leveraging Social Media for Real Estate Success

Want to stand out on social media but not sure how? This session's for you! We'll chat about the best ways to connect with folks on platforms like Facebook and Instagram, and even sprinkle in some AI tricks to boost your posts and ads. Let's make your online presence shine!

Presented by Katie Lance, Keynote Speaker & Trainer

2027 NCJAR Leadership Application Now Open!

Application Deadline: Monday, June 1, 2026

Leadership takes you further at the North Central Jersey Association of REALTORS®. Members who are passionate about serving the Association and helping shape the future of the industry are invited to apply for 2027 NCJAR Officer and Trustee positions.

NCJAR’s nomination and election process is designed to be open, transparent and competency based, giving members the opportunity to nominate themselves or fellow members who demonstrate strong leadership, professionalism and a commitment to service.

Serving in a leadership role is a meaningful way to contribute to the direction of the Association while representing the interests of NCJAR members and the communities we serve.

To be considered, applicants must complete the leadership application form and submit the required materials before the deadline.

Submission Requirements:

Attention Members: 2025 NJ Realtors® Circle of Excellence Sales Awards® Pick-Up

All 2025 NJ Realtors® Circle of Excellence Sales Awards® are ready for pick-up at the NCJAR Morristown office, located at 910 Mt. Kemble Avenue, Morristown.
Pick-up hours are Monday through Friday, 9:00 AM – 4:00 PM. Please plan to stop by and pick up your award soon.
If you have any questions, please contact our office at 973-425-0110.

Antitrust and Real Estate

As REALTORS?, maintaining compliance with antitrust laws is essential to protecting both your business and the reputation of our industry.  In the real estate industry, this means each brokerage must independently decide its fees, commissions, and business practices. The goal of antitrust laws is to protect consumers by ensuring open, competitive markets.

  • Each brokerage establishes its own pricing independently; all commission rates and fees are negotiable.  

  • It is illegal to agree on prices or commission rates; there is no standard or required commission rate.

  • It is illegal to divide up markets or customers or coordinate business practices that limit competition.

910 Mt. Kemble Avenue
Morristown, NJ 07960
(973) 425-0110

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