MLS Year End Wrap Up

2013 was a good year! NJMLS year-end statistics for 2013 vs. 2012 show very positive numbers: Entire NJMLS (all categories, all areas): Solds +20.8% Median Sale Price +5.5% Under Contracts +15.8% Actives -13.4% Days On Market -12.1% Single Family Homes (all areas): Solds +19.7% Median Sale Price +5.3% Under Contracts +16.1% Actives -17.4% Days On Market … Continued

“The Record” Reports On Housing Recovery

Over the last year or so I’ve been writing regularly about the strong real estate market here in northern New Jersey. Working with home buyers on a daily basis, I’ve talked to more than a few people who aren’t necessarily convinced. I can understand if buyers take my information with a grain of salt, as … Continued

Ridgewood begins 2014 with little inventory

Central Business District

Ridgewood, NJ rang in the new year with just 34 single family homes on the market. That’s down from 65 on the market on January 1, 2013. To put that number in perspective, 315 single family homes sold in Ridgewood in the entire year in 2013. So 34 homes on the market is not many. … Continued

18% Increase In Bergen Home Sales

Year to date, the number of homes sold in Bergen County is up 18% over last year. The number of days it took to sell is down 14% to 82 days. And the average sold price is up 5%, according to data from the New Jersey MLS. The recovery from the recession is well underway, … Continued