Union & Middlesex County Real Estate Markets Shift Toward Balance – Q3 2025 Report

The New Jersey real estate market is in the midst of a healthy correction — and nowhere is that more evident than in Union and Middlesex Counties. The latest Q3 2025 HousingTRAC reports reveal that while home prices remain stable, the number of listings is climbing and contract activity has eased, signaling a gradual shift toward balance. For buyers, that means more choices and less pressure. For sellers, it's a reminder that strategic pricing and presentation matter more than ever.

• The Q3 2025 HousingTRAC reports show both Union and Middlesex Counties moving toward a more balanced market.

• Inventory is increasing, up roughly 13% year-over-year across both regions.

• Contract sales are easing, down about 4–6% YOY, signaling cooling demand.

• Prices remain steady, with modest quarterly growth (+1–1.2%).

• Mortgage rates are easing, buyer confidence improving — the market's stabilizing after two intense years.

• The bottom line: More listings. More balance. More opportunity.

Middlesex County

• Inventory: +13% YOY, broad increases in 20 of 23 municipalities.

• Contract Sales: –4–5% YOY, especially in Highland Park, Old Bridge, Woodbridge, and Monroe.

• Prices: +6.8% YOY, slower growth at the mid-tier.

• Market Type: Normalizing; still active but less overheated.

Union County

• Inventory: +13% YOY, now 2.4 months of supply (up from 2.2).

• Contract Sales: –5% YOY, reflecting slower absorption.

• Prices: +7.5% YOY, but flat quarter-over-quarter.

• Hottest submarkets: Linden, Rahway, Union Township, Westfield (inventory up 15–20%).

• Market Type: Cooling from a seller's market toward neutral.

Summary

• ? Rising Supply: Sellers are returning, bringing balance to local inventory.

• ? Moderating Demand: Buyers have more leverage, slower bidding wars.

• ? Stable Prices: Growth flattening = healthier, sustainable conditions.

• ? Looking Ahead: As rates ease into 2026, momentum should rebound.

• ✅ Takeaway: Not a crash — a correction toward long-term market health.

Source: Otteau Group HousingTRAC Reports, Q3 2025 – Union & Middlesex Counties