MARKET UPDATE
STEP 1
Watch this video to get a quick overview of Bergen County in October 2023
STEP 2
Select Your Region in Bergen County for Specific Stats
We’re rounding out the month with stats on new listings hitting the market, homes pending, closed transactions, and hopefully more listings to come!
Cresskill, Demarest, Englewood, Englewood Cliffs,
Haworth, Alpine, Closter, Tenafly
Average Sold Price: $1,376,705
Home Appreciation (2022 vs 2023): 6%
Months of Supply: 3
Average Days on Market: 54
Listings Made: 778
Listings Pending: 608
Listings Sold: 590
Average Listings Left on the Market: 148
YoY Homes on Market: -33.63% (limited inventory!)
Fair Lawn, Hackensack, Lodi, Lyndhurst, Paramus,
Glen Rock, Hasbrouck Heights
Average Sold Price: $736,889
Home Appreciation (2022 vs 2023): 6.5%
Months of Supply: 1.3
Average Days on Market: 35
Listings Made: 1001
Listings Pending: 956
Listings Sold: 890
Average Listings Left on the Market: 106
YoY Homes on Market: -38.37% (limited inventory!)
Edgewater, Mahwah, Ho-Ho-Kus, Ramsey, Ridgefield,
Ridgewood, Fort Lee, Franklin Lakes, Saddle River, Upper Saddle River
Average Sold Price: $1,134,958
Home Appreciation (2022 vs 2023): 3.4%
Months of Supply: 1.7
Average Days on Market: 37
Listings Made: 850
Listings Pending: 737
Listings Sold: 726
Average Listings Left on the Market: 102
YoY Homes on Market: -46.60% (limited inventory!)
STEP 3
If you are considering selling in the next 12 months,
GET OUR 100% FREE EBOOK DOWNLOAD
First impressions matter. A recent study found that 80 percent of potential buyers know if a home is right for them as soon as they step inside.
The longer your home is on the market the lower the sales price. That’s because if your home is on the market for a while, buyers assume that the sale price is overpriced and make lower offers.
The longer the buyer delays an offer the lower the offer price. That’s natural because they are unsure if they want to make the offer and/or are hedging their bets between your property and another
STEP 4
206 County Rd,
Demarest, NJ 07627
List Price: $2,248,000
Sold Price: $2,450,000
LIST-TO-SALE-PRICE: 109%
372 N Woodland St,
Englewood, NJ 07631
List Price: $2,275,000
Sold Price: $2,450,000
LIST-TO-SALE-PRICE: 108%
266 Wilson Dr,
Cresskill, NJ 07626
List Price: $2,299,000
Sold Price: $2,370,000
LIST-TO-SALE-PRICE: 103%
11 Forcier Ct,
Tenafly, NJ 07670
List Price: $1,848,000
Sold Price: $2,249,500
LIST-TO-SALE-PRICE: 122%
341 Howard Ave Fair Lawn NJ 07410
List Price: $729,000
Sold Price: $829,000
LIST-TO-SALE-PRICE: 114%
19 Reading Terrace, Fair Lawn, NJ 07410
List Price: $419,000
Sold Price: $489,,500
LIST-TO-SALE-PRICE: 117%
163 E 22nd St, Paterson NJ 07514
List Price: $439,,000
Sold Price: $439,,000
LIST-TO-SALE-PRICE: 100%
11 Hunter Ridge, Woodcliff Lake, NJ 07677
List Price: $1,995,000
Sold Price: $2,300,000
LIST-TO-SALE-PRICE: 115%
10 Ann Street, Old Tappan, NJ 07675
List Price: $2,259,000
Sold Price: $2,290,000
LIST-TO-SALE-PRICE: 101%
15 Carrington Ct, Woodcliff Lake, NJ 07677
List Price: $1,385,000
Sold Price: $1,400,487
LIST-TO-SALE-PRICE: 101%
25 Washington Street, Tenafly NJ 07670
Stacy Esser Consulting LLC
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