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Oradell Real Estate: March 2025 Market Update
Oradell & Central Bergen County Real Estate Market Update: March Highlights
Central Bergen County Real Estate Market Update – March 2025
Hey everyone! Kelly Weber with Keller Williams here, bringing you this month’s Central Bergen County real estate market update. Let’s jump right in and break down the latest trends in some of our key towns: Oradell, River Edge, Emerson, New Milford, Bergenfield, and Dumont.
Every Town is Up!
This month, every town in Central Bergen County has experienced growth! Take a look at these median home values – year-over-year appreciation is phenomenal. However, inventory remains low in many areas, continuing to favor sellers.
Market Highlights by Town
🔹 Oradell
Less than one month of inventory
Sold-to-list price ratio: 105.3% 💯
Median days on market: 22
Median sold price: $1.5M
🔹 River Edge
Less than one month of inventory
Sold-to-list price ratio: 105.3%
Median days on market: Higher than last month
Median sold price: $750K
🔹 Emerson
Less than one month of inventory
Homes are selling so fast that additional data isn’t available this month
Emerson is quickly becoming a hot market! Now is the time to buy or sell.
🔹 New Milford
1.4 months of inventory
Sold-to-list price ratio: Consistent with other towns
Median days on market: Stable
Median sold price: $600K
🔹 Dumont
Just under 2 months of inventory
Sold-to-list price ratio: In line with market trends
Median days on market: Steady
Median sold price: $576,500
🔹 Bergenfield
Less than 2 months of inventory
Sold-to-list price ratio: 103.9%
Strong seller’s market despite slightly higher inventory levels
What This Means for Buyers & Sellers✅
Sellers: Homes are selling quickly, often with multiple offers over asking price. If your home isn’t moving, pricing is likely the issue. Let’s schedule a strategy session to maximize your home’s value!
Buyers: It’s essential to be pre-approved and have a strong strategy in place to win in this competitive market.
Spring is just around the corner, and we’re expecting a red-hot market. Now is the time to take action! Click the link below to connect. 💚 Looking forward to seeing you next month with another update!
Our 6 Step Buyers Process
Beginning your home search can be an overwhelming and daunting task. Because of that, our team makes sure that you, and all other potential buyers, understand each of the 8 steps that we take to make the process as easy and painless as possible. By the end of your search, with our support and guidance, you will live happily ever after in your new, dream home.
Financially Map Out Your Success
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.
Buyer Matching & Office Exclusives
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.
Let the Showings Begin
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.
Strategic Negotiations
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!
Segue to Your Next Chapter
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!
Ready to find your dream home?
Let us help you make that happen!
Client Care: (201) 500-2212
82 N. Summit Street, Tenafly NJ 07670
Stacy Esser Consulting LLC
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