As expected, the spring market in Glen Rock has been very hot. A low inventory of homes for sale combined with rising interest rates have been the drivers thus far. The Glen Rock luxury market has been surprisingly strong. New construction homes over $1,100,000 have been selling so briskly that a few have sold privately … Continued
As you may have guessed, 2015 was a solid year for local real estate. Prices went up but not so much that affordability has been significantly impacted. In 2015, the median sale price for residential properties rose 2.5% for the year while the number of sales increased by 11.6%. The number of days it took … Continued
The New Jersey MLS (NJMLS) has released its market report for June, 2015. The number of homes under contract in June was up 20% over the same month last year. Download: June Housing Market Update for Northern New Jersey (pdf) That’s a startling number considering last year’s spring market was very healthy. Year to date, … Continued
Indicators for the Glen Rock Real Estate Spring Market Every home buyer has his/her own approach to pricing a home. Some are more informed, some less. Some are more logical and others more emotional. As an agent, it’s not my decision what offer price goes on the contract but it is my job to inform … Continued
Ridgewood Real Estate Update 2014 vs 2013 For a quick overview of Ridgewood, real estate stats, watch this 1-minute video. For more info on buying or selling in Ridgewood call Michael Shetler, 201-421-0506 cell or 201-445-4300 x231 office. Ridgewood Real Estate Median Price Up 1% YTD
Download the complete report — Market Update November 2013
