New Jersey Condo/townhouse sales represent only 19% of total annual $ volume.
Of the estimated $35.9 billion residential sales volume for 2017 only 19% is from sales of condos/townhouses. This is consistent with New Jersey home sales from 2012 through 2016.
Of the remaining 81%, single-family homes account for 77% while age-restricted sales account for 4%.
Source: Otteau Group Inc. 2017
