Three New Jersey counties rank among the top 100 most expensive real estate markets in the nation, according to the latest data from Zillow.
Zillow data shows Cape May County ranked 73rd on the list with average home prices above $618,000 in April. Monmouth County wasn’t too far behind at number 76 on the list.Both counties are boosted by expensive Jersey Shore communities
Bergen County, near New York, ranked 82nd. All three counties exceeded typical home values ​​statewide and nationally.
The typical home price across the state was $457,045 in April, up 5% from the same month last year, according to data. According to Zillow data, the typical home price across the country was $339,048.
Other real estate news:
Nantucket County, Massachusetts, Pitkin County, Colorado, and Teton County, Wyoming are the most expensive places in the United States.
Zillow’s “typical home price” calculation is a trimmed average that behaves like the median to get a more accurate representative estimate, said Zillow senior economist Jeff Tucker, NJ Advance Media. said in an interview.
can’t you see the table? click here.
Thank you for trusting us to provide you with reliable journalism.Please consider supporting us NJ.com with subscription.
To contact Amira Sweilem: asweilem@njadvancemedia.com.