A quick look at how much room the market gives you before it starts getting picky.
The practical question is whether there is enough selection to keep things reasonable. In Byram Township, NJ, there were 7 new for-sale listings and 2 pending homes in the last 3 months, so I would not call this a sleepy market with nothing happening.
There were 7 new for-sale listings in the last 3 months, with a median listing price of $649,000 and a median price per square foot of $313. I read that as a market where choice exists, but the nicer-priced homes are still asking people to bring their serious pants.
For a buyer, the implication is simple compare the price per square foot, not just the front-porch charm. For a seller, the cleaner lesson is that well-positioned homes can still stand out, especially when the listing price sits closer to the middle of the pack than the moon.
I would start with the homes that fit the current price band. I would check how long they have been active. I would keep Byram Township, NJ front and center so the decision stays local, not dreamy.
