Indicators for the Glen Rock Real Estate Spring Market
There are currently 21 single family homes on the market. Five of them have already accepted an offer and are not yet under contract. There is only one townhouse on the market, and it has an accepted offer.
2. Average List Price in Glen Rock
The average list price for a single family home over the last 6 months was $646,656.
3. Average Sale Price in Glen Rock
The average sold price for a single family home over the last 6 months was $629,249. The median sold price was $615,500.
4. List Price vs. Sales Price Ratio in Glen Rock
The list price to sales price ratio for a single family home over the last six months was 99.0%.
5. Average Days on the Market in Glen Rock
The average number of days on market over the last six months was 45.91.
6. Number of Sales YTD in Glen Rock
The number of single family homes that have closed since January 1, 2015 is 5.
7. Number of Expired Listings in Glen Rock
32 single family homes have expired in the last six months.
8. Overall Appreciation/Depreciation in Glen Rock
The median sold price of a single family home was up 4% in 2014.
9. Number of Months of Supply (Absorption) in Glen Rock
There is a 1.8 month supply of homes on the market. 4-6 months is considered a balanced market. The low number indicates prices are expected to rise.
10. Current Interest Rate in NJ
The average interest rate for a 30-year fixed rate mortgage in NJ is 3.90%, according to Mortgage News Daily.
Interested in buying, selling or renting in Glen Rock, NJ? Call Glen Rock real estate agent and resident Michael Shetler, 201.421.0506 cell or 201.445.4300 x231 office.
source: New Jersey MLS (NJMLS) and Mortgage News Daily. Info deemed reliable but not guaranteed. Data as of January 17, 2015.