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

Last Week’s Real Estate Transactions

Last Week’s Real Estate Transactions in Bergen County, NJ All closings week of 11/23/2014 Real estate closings last week in all boroughs, cities and villages of Bergen County. For a demographic profile and school info, click on the municipality’s name. For previous sales, see Sales Archive. ADDRESS STYLE BEDS BATHS PRICE LISTED BY SOLD BY … Continued

REALTORS® Expect Price Growth in NJ

With rising inventory and modest expectations of demand growth, REALTORS® responding to the October 2014 survey expected home prices to increase modestly in the next 12 months, according to data gathered from the October 2014 REALTORS® Confidence Index Survey: http://www.realtor.org/reports/realtors-confidence-index[1].   Local conditions vary with expectations anchored on factors such as the level of inventory, … Continued

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

Recent Home Sales in Bergen County

Recent Home Sales in Bergen County: Week of September 28 – October 4, 2014 All closings week of 9/28 Real estate closings last week in all boroughs, cities and villages of Bergen County. For a demographic profile and school info, click on the municipality’s name. For previous sales, see Sales Archive. ADDRESS STYLE BEDS BATHS … Continued

New Jersey MLS Report for April 2014

NJMLS statistics for April 2014 vs.2013 show a decrease in sales activity for Single Family, with a slight increase in median sale price. Coop/Condo/Twh had positive sales activity. Entire NJMLS (all categories, all areas): Solds -8.43% Median Sale Price +2.86% Under Contracts -6.62% Actives -7.24% DOM -12.96% Single Family Homes (all areas): Solds -12.57% Median … Continued

March real estate data shows rising home prices.

NJMLS statistics for March 2014 vs.2013 show a drop in Solds, but with an increase in Median Sale Prices. Condo/Coop/Twh was opposite of this overall pattern. Under Contracts in all cases were down, most likely as a result of harsh winter weather early this year. Entire NJMLS (all categories, all areas): Solds -3.81% Median Sale … Continued

The Latest Market Indicators

In its entirety, 2013 proved to be a good year for housing. Home sales and prices were broadly higher across the state, while the number of homes for sale and the number of days it took to sell a home were all much lower. Multiple-offer situations became commonplace again and prices in many areas rallied. … 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

Bergen County Sales Week of Dec 29, 2013

All closings week of 12/29 Real estate closings last week in all boroughs, cities and villages of Bergen County. For a demographic profile and school info, click on the municipality’s name. For previous sales, see Sales Archive. ADDRESS STYLE BEDS BATHS PRICE LISTED BY SOLD BY Bergenfield 75 HARRIET AVE COL 6 4 $888,000 PROMINENT … Continued