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The Central Bergen County real estate market is holding steady this summer, even during the slower months of July and August. With families on vacation, kids preparing for back-to-school, and college drop-offs in full swing, the housing market often takes a seasonal pause. Still, the numbers show sellers remain in a strong position across River Edge, Oradell, Emerson, New Milford, Bergenfield, and Dumont.
Despite seasonal slowdowns, demand in Bergen County homes for sale remains strong:
Inventory: Just over 1.5 months of supply
Median Days on Market: 14
Median Sold Price: $1,040,000
List-to-Sale Price Ratio: 109%
These numbers confirm that Bergen County is still firmly a seller’s market.
River Edge continues to shine in the Bergen County housing market:
2 months of inventory
Median Sold Price: $1,230,000
Median Days on Market: 15
List-to-Sale Price Ratio: 108%
Homes in River Edge are selling fast and at competitive prices, making it one of the strongest markets this summer.
Both Emerson real estate and Oradell real estate remain in high demand, with inventory staying low and buyers competing for available homes.
Emerson Market Snapshot:
A little over 2 months of inventory
Median Sold Price: $750,000
19 days on market
105% list-to-sale price ratio
Oradell shows slightly different numbers than River Edge, but both remain attractive to buyers who want to be in Central Bergen County.
New Milford continues to see steady growth:
1.5 months of inventory
Median Sold Price: $730,000
Median Days on Market: 21
List-to-Sale Price Ratio: 103.3%
New Milford sellers are still getting multiple offers, with homes selling quickly at strong prices.
Bergenfield remains competitive while showing slightly longer time on market compared to neighboring towns:
Just over 2 months of inventory
Median Sold Price: $643,000
Median Days on Market: 32
List-to-Sale Price Ratio: 102.9%
While homes take a bit longer to sell here, sellers still benefit from above-list offers.
Dumont is one of the hottest towns in the Central Bergen County housing market:
1 month of inventory
Median Sold Price: $704,000
Median Days on Market: 16
List-to-Sale Price Ratio: 107%
This shows how competitive Dumont has become for buyers, with homes moving quickly and selling above asking.
While summer is traditionally slower, the fall housing market in Bergen County is one of the strongest selling seasons of the year. Activity typically picks up by mid-September and stays strong until Thanksgiving. Now is the perfect time for homeowners to prepare their property to “value up” and take advantage of the demand.
Our agents get to know you — Need to move for a job? Want a shorter commute? Getting married? Having a baby? Need to upgrade or downsize? At this stage in the process, we’ll send you notifications about the listings that you’re most likely to be excited about. Be sure to let us know if one (or more) jumps out at you so that we can skip to the next step and schedule a viewing. be there for you every step of the way.
Success for each person looks different. A growing family or new empty-nesters have different needs. Our goal is to map out your goals financially to get a good understanding of what you need in a home but also what makes the most sense for your specific situation - both from a time and money perspective.
We’ll introduce you to our mortgage partner, who can help you determine your buying price range with confidence. Be prepared to dig into paperwork during this part of the process such as pay stubs, W2’s, and tax returns. The lender will do a full review and then tell you what you will be able to borrow in order to purchase a home. This is a vital step in the home buying process!
During this process, we will be sending you some listings to evaluate and provide us with feedback. This helps us to understand, update and revise your criteria and preferences. Our agents are always super involved in the community so they can provide you with tons of information about the areas you are interested in. We will also use this information to setup notifications of listings to you and evaluate any office exclusives (homes that are not yet listed in the MLS) so you are the first to see the property.
Here’s where the buying process gets really fun! We’ll attend open houses together and schedule viewings of the homes that you’ve loved from our listing alerts. Many of our clients prefer us to consolidate to one day of searching or have specific times that work for them. We handle all the coordination so you just have to show up! We’ll talk about how the budget will work and make sure that we find you the perfect home.
When you’re ready to make an offer, your agent will present a written offer to the seller. We also present your offer using video to help make a bigger impact and showcase our commitment to the sale of the home. And while everyone loves getting their offer accepted right away, the seller could come back to us with a counteroffer, or reject your initial offer all together. We’re happy to walk you through each of these possibilities and exactly how to handle them. Once the offer is accepted, it’s time to get your financing in order and move forward to the next step!
The sellers accepted your offer, and the home is going through appraisal and inspection. The appraisal guarantees that the price of the property matches the condition of the property while the inspection makes sure that everything in the home is functioning properly and there are no major issues inside. These are the last steps before the shiny keys to your home are placed in your hand... for good!
Get excited because it’s time to close on your home! This process includes going through all of the final paperwork and signing your name (a lot!). Don't forget to bring all of the paperwork you’ve collected along the way and your down payment.
But we know it doesn't stop here. You likely have a lot to coordinate, movers, painters, handymen etc. We will help you to SEGue into your next chapter seamlessly. Even make some introductions to some neighbors! You can count on us!
82 N. Summit Street, Tenafly NJ 07670
Stacy Esser Consulting LLC
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