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ew Jersey homes are selling quickly, with the latest data showing they're on the market for over a month. According to Realtor.com, the median time it takes to sell a home in New Jersey is 37 days, tying the state with Wisconsin, Illinois, Ohio, and Michigan for fourth-fastest-selling homes nationwide. Rhode Island has the fastest-selling homes, followed closely by Massachusetts and Connecticut.
The slowest-selling homes can be found in Florida, Hawaii, and Louisiana. Meanwhile, many New Jersey towns have seen significant increases in home values, with 65 towns now boasting median home prices over $1 million.
