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  • Northern NJ Market Stats for December 2009

    December, 2009 Bergen, Essex, Passaic, Sussex Counties   Click above to view details from 2006 to present.  Bergen County - Low Seller's Market New Listings: Sold Listings: Average Sale Price: Days On Market951 860 $436,500 110Essex County - Low Buyer's Market New Listings: Sold Listings: Average Sale Price: Days On ...
    Posted to NJ Real Estate News (Weblog) by 13229 on January 19, 2010
  • Housing Stats for Passaic County

    Passaic County The average selling price is down about 19% from October of last year. Also, the average selling price hasn’t been this low since February 2004. The days on the market remains close to normal. For the year, home prices in Passaic County were down about 11%. More homes were sold during this October than the Octobers of 2007 ...
    Posted to NJ Real Estate News (Weblog) by 13229 on November 30, 2009
  • Bergen County Market Stats

    Bergen County Bergen County single-family homes fell back into a buyer’s market with an absorption rate of 8.3%, which was much higher than last month. The average number of days a home stayed on the market remained normal. The average sale price for single-family homes decreased slightly, which is normal for October. The monthly sales price ...
    Posted to NJ Real Estate News (Weblog) by 13229 on November 20, 2009
  • Northern NJ Market Stats for September 2009

    Bergen County Bergen County single-family homes maintain their moderate SELLER’S market status with an absorption rate of 3.8, which was the same as last month. The average number of days a home stayed on the market remained normal.  The average sale price for single-family homes decreased slightly, which is normal for September. This ...
    Posted to NJ Real Estate News (Weblog) by 13229 on October 22, 2009
  • Northern NJ Housing Stats - August 2009

    Bergen County  Bergen County single-family homes remain in a moderate SELLER’S market with an absorption rate of 3.8 – a slight decrease in inventory. The days on the market also went down to 85 days from 90 days last month.The days on market for townhouses in Bergen County is still higher than normal, but sales continue to be ...
    Posted to NJ Real Estate News (Weblog) by 13229 on September 21, 2009
  • Nortern NJ Housing Stats July 2009.

    Bergen CountyBergen County fell sharply into a SELLER’S market with an absorption rate of under 4 – inventory is lower than normal. The days on the market is about the same as last month – normal market. The average sales price for the month is still lower than this time last year, but statuesque for the year.For the year, home ...
    Posted to NJ Real Estate News (Weblog) by 13229 on August 22, 2009
  • Northern NJ Housing Stats for June 2009

    Bergen CountyHome prices continued to fall during June but the number of homes sold was up by 50% over last month. The time it took to sell a single family home in Bergen County decreased by about 10%. However, condo/townhomes took an additional 23% longer to sell. For the year, home prices in Bergen County were down only about ...
    Posted to NJ Real Estate News (Weblog) by 13229 on July 18, 2009
  • November Housing Summary: Northern NJ

    Bergen, Passaic, Essex, and Sussex CountiesOut of the four Counties, Passaic County maintains the longest string of negative Sale Price decreases. However, the other Counties are not far behind. Passaic and Essex Counties both had the largest average sales price decrease of about 20% from last months end. The end of November showed the lowest ...
    Posted to NJ Real Estate News (Weblog) by 13229 on December 17, 2008
  • October 2008 Housing Stats – Northern New Jersey

    Of all the counties, Passaic County has taken the biggest hit with eight months of negative figures. Bergen County Condominiums had the only average sales price increase for the year. Homes sold are down across the board, with days on the market increasing slightly above average. From Bankrate.com, 30 year fixed mortgage rates are down from three ...
    Posted to NJ Real Estate News (Weblog) by 13229 on November 20, 2008