Scott SelleckBroker / Sales Associate / Transition Advisor, The Selleck Group, KW City Views Realty · Scott Selleck | Trusted Bergen County Realtor | Keller Williams City Views Realty, Fort Lee NJ

Real Estate Market: Prices Surge & Inventory Up! Here's the Scoop! #shorts

2 Sept 2025

Watch on YouTube

A short-form YouTube market update (presented by David Burkus) summarizing recent statewide real estate trends: median prices up strongly year-over-year (35.8% to $835,000), inventory rising (28.2% more statewide), days-on-market between 34 and 65 days, and selective seller optimism where updated homes sell quickly with example value growth of 3.8% to $764,000. The clip highlights both price surges and signs of cooling due to higher inventory and typical time-to-sale ranges.

Questions this video answers

35.8%

$835,000

28.2% more

34 to 65 days

3.8% growth to $764,000

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