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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Nominate a Fair Housing Champion by June 30 – $5,000 Award!
The Fair Housing Champion Award, presented by the National Association of REALTORS® and sponsored by realtor.com®, is now accepting nominations!
This national award recognizes REALTORS® who go above and beyond to promote fair housing and expand homeownership opportunities for all members of their communities.
In 2025, NCJAR's very own William “Bill” Flagg made history as New Jersey’s first Fair Housing Champion. Bill’s tireless efforts—hosting Homeownership Fairs, securing grants, and embedding fair housing into NCJAR’s strategic policy—are a shining example of what this award celebrates.
Now it’s your turn to help us recognize the next trailblazer.
June 20, 2025: NCJAR Board Office Closed in Observance of Juneteenth
In recognition of Juneteenth National Independence Day, a federal holiday commemorating the end of slavery in the United States, NCJAR board office will be CLOSED on Friday, June 20, 2025.
Juneteenth is a time to reflect on our history, honor the legacy of freedom, and reaffirm our commitment to equality and justice for all.
New Consumer Guide: Real Estate Auctions
Buying a home at auction can be an exciting—and sometimes lucrative—way to enter the real estate market. But before you raise your hand or click “bid,” it’s essential to understand how auctions work and what risks and rules come with the territory.
Whether you’re a first-time homebuyer or an experienced investor, NCJAR is here to help you navigate the auction process with confidence.
What Is a Real Estate Auction?
A real estate auction is a public sale where homes are sold to the highest bidder. These events can take place in person or online, and they often move quickly. Properties at auction may be foreclosures, bank-owned homes, or even voluntarily listed by sellers hoping to fast-track a sale.
Why Do Homes Go to Auction?
NAR: National Strength, Global Reach in the REALTOR® Three-Way Agreement
The National Association of REALTORS® (NAR) is the third pillar of your membership through the REALTOR® Three-Way Agreement—and it brings the power of unified national advocacy, cutting-edge tools, and global resources directly to your fingertips.
As a member of NAR, you’re part of the largest trade association in the U.S., representing more than 1.5 million REALTORS® and speaking with one voice to protect and promote the real estate profession.
What NAR Provides at the National Level:
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Federal Advocacy: NAR’s Government Affairs team lobbies in Washington, D.C. to protect private property rights, fight harmful regulation, and ensure real estate remains accessible and profitable.
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Industry Research & Data: NAR delivers trusted, timely market reports, economic outlooks, and housing data to help you make informed business decisions.
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Business Tools & Benefits: From the REALTORS® Federal Credit Union to discounts on tech, insurance, and travel, NAR adds tangible value to your membership.
April 2025 Market Stats
U.S. existing-home sales decreased 5.9% month-over-month and 2.4% year-overyear to a seasonally adjusted annual rate of 4.02 million units, according to the National Association of REALTORS® (NAR), as affordability challenges and economic uncertainty weigh on market activity. Sales were down month-overmonth in all four regions, with the West experiencing the largest decline, at 9.4%.
- Single Family Closed Sales were down 7.9 percent to 1,206.
- Townhouse-Condo Closed Sales were up 4.7 percent to 354.
- Adult Communities Closed Sales were down 18.0 percent to 41.
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