NJMLS Housing Market Update

NJMLS Housing Market Update

                  Every month, the New Jersey MLS publishes a report chock-full of data on the real estate market in northern New Jersey. It covers single-family homes, multi-family homes, condos/coops/townhouses, and rentals in Bergen, Essex, Hudson and Passaic Counties.   Download NJMLS Housing Market Update for November, 2014   The … Continued

Ridgewood Real Estate Update 2014 vs 2013

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

The NJ Real Estate Market – Is It Still Improving?

How is the NJ Real Estate Market Doing?   Some local markets in the state seem to be back on the recovery track after a brief pause earlier this year. Nationally, one of the more encouraging aspects of this renewed recovery is that new construction of single-family homes reached six-year highs in August, according to … Continued

Real Estate is the Most Affordable Market

Just how is the real estate market? Overall, 2013 proved to be a good year for an industry on the road to recovery. At a Keller Williams conference this February, Gary Keller, Jay Papasan and members of the KW Research Team ran through the numbers that drive the U.S. and Canadian real estate markets, as … Continued

Inventory Across Northern NJ Down 20%

The Market Update published by the New Jersey MLS (NJMLS) for December, 2013 shows the number of single family homes on the market is down 20% from a year earlier. The area covered by NJMLS includes Bergen, Essex, Hudson and Passaic Counties. Inventory of condos and townhouses is down even more at -27%. Other telling statistics … 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