Vernon Real Estate Trends & Statistics

Vernon Median List Price

$174,900

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Vernon Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	352	343	3%	314	12%
Median List Price	$174,900	$179,500	3%	$198,900	12%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	4%	3%		4%
Median DOM	100	102	2%	105	5%
Median House Size	1,248	1,248		1,368	9%
Median $/Sqft	$113/sqft	$111/sqft	2%	$117/sqft	3%

	Today	1 Month Ago		1 Year Ago
Total Inventory	255	244	5%	245	4%
Median List Price	$219,000	$219,900		$228,500	4%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	5%	4%		2%
Median DOM	101	105	4%	105	4%
Median House Size	2,517	2,436	3%	2,268	11%
Median $/Sqft	$122/sqft	$125/sqft	2%	$128/sqft	5%

	Today	1 Month Ago		1 Year Ago
Total Inventory	97	99	2%	69	41%
Median List Price	$102,000	$105,000	3%	$119,900	15%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	2%	1%		12%
Median DOM	99	97	2%	104	5%
Median House Size	918	918		1,100	17%
Median $/Sqft	$106/sqft	$103/sqft	3%	$109/sqft	3%

Vernon Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	54	32	23	37	30	48	37
New Listings	49	40	37	56	48	75	68
Sold/Expired	62	53	69	51	35	65	72

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	44	23	17	28	23	39	32
New Listings	32	29	23	42	33	48	53
Sold/Expired	48	40	54	36	23	49	52

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	10	9	6	9	7	9	5
New Listings	17	11	14	14	15	27	15
Sold/Expired	14	13	15	15	12	16	20

Vernon, New Jersey real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Vernon homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Vernon. Movoto is your comprehensive source for Vernon property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Vernon, NJ Market Overview

Inventory: 352 Recently Sold: 72 New Listings: 68 Distressed: 4

Vernon's home resale inventories increased slightly, with a 3 percent increase since April 2013. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in May. The median listing price in Vernon went down from April to May. There were a total of 6 price increases and 37 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

26 Aster St, Vernon, NJ