NJMLS statistics for March 2014 vs.2013 show a drop in Solds, but with an increase in Median Sale Prices. Condo/Coop/Twh was opposite of this overall pattern. Under Contracts in all cases were down, most likely as a result of harsh winter weather early this year.
Entire NJMLS (all categories, all areas):
Solds -3.81%
Median Sale Price +2.15%
Under Contracts -8.83%
Actives -8.31%
Days On Market -11.11%
Single Family Homes (all areas):
Solds -12.37%
Median Sale Price +9.35%
Under Contracts -12.55%
Actives -9.66%
Days On Market -10.00%
Condo/Coop/Twh (all areas):
Solds +9.09%
Median Sale Price -9.52%
Under Contracts -3.89%
Actives -14.06%
Days On Market -12.61%
source: NJMLS. Info deemed reliable but not guaranteed.