While March prices were down from the previous month, April median sold prices showed strong gains. They were up 2.9% from the previous year and up 8.7% from the previous month. The number of days on the market was down 13.0% from last year and the number of new listings was up 2.6%. The entire … Continued
While housing prices continued to climb in northern NJ, activity was down in March compared with March of last year. The harsh weather this past winter kept buyers at home in January and February. Open house counts, though, were up 30.1% from the previous year, showing signs of a strong April. Median prices across all … Continued
NJMLS statistics for May 2014 vs. 2013 show a decrease in Solds and Under Contracts. Median Sale Price decreased in Single Family, but increased slightly in Condo/Coop Twh: Entire NJMLS (all categories, all areas): Solds -8.69% Median Sale Price -0.27% Under Contracts -10.13% Actives -4.06% DOM -7.29% Single Family Homes (all areas): Solds -8.28% Median … Continued
473 E. Saddle River Rd, Upper Saddle River For more information on this new listing call Michael Shetler at 201.421.0506. Price: $845,000 At 4,338 square feet, this home is about 30% larger than similarly priced homes. It has both a vaulted Family room and a Vaulted Great Room! The Great Room with tiled fireplace features … Continued
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
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
I have a motivated and qualified buyer looking for an updated colonial in Upper Saddle River, NJ. There isn’t much on the market right now for them to choose from. Does your home fit the bill? Do you know of anyone in Upper Saddle interested in selling soon? Please call me at 201-421-0506 (cell.)
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
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
Case-Schiller is reporting today that home prices rose 0.88% in November over the previous month. Year-over-year, prices were up 13.71%. These results are based on Case-Schiller’s 20-city index. In addition, mortgage applications were up in recent weeks. Read more at Business Insider
