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!