NJMLS statistics for May 2014 vs. 2013 show a decrease in Solds and Under Contracts. Median Sale Price decreased in Single Family, but increased slightly in Condo/Coop Twh:
Entire NJMLS (all categories, all areas):
Solds -8.69% Median Sale Price -0.27%
Under Contracts -10.13% Actives -4.06%
DOM -7.29%
Single Family Homes (all areas):
Solds -8.28% Median Sale Price -2.41%
Under Contracts -7.55% Actives -1.25%
DOM -7.23%
Condo/Coop/Twh (all areas):
Solds -4.94% Median Sale Price +1.58%
Under Contracts -8.89% Actives -9.86%
DOM -21.24%
source: NJMLS. Info deemed reliable but not guaranteed.