Bergen County Home Sales

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Bergen County home sales are doing well because demand is strong. By the time you get to August, the majority of the real estate year is over.  This is why it makes sense to analyze the market now.  Frankly the last 2 weeks of August are deadly.  Hardly anyone is around as most people are… Read more »

Bergen County Home Sales

Posted by & filed under Buying, Selling.

Now that we’re through May, it’s time to see how Bergen County home sales scored.  We’ll look at Bergen County homes in total and then go on to some individual towns.  All data is directly from the New Jersey MLS. Through May I can report the following comparing this year to 2015: Sales increased tremendously. … Read more »

1st Quarter Sales Are Up

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1st quarter sales are up compared to 2015 and by quite a good margin.  According to the New Jersey MLS data, 2016 sales are up an average of 21% over the number of sales we had last year.  In plain numbers we went from 1,740 in 2015 to 2,109 this year.  What’s even more impressive… Read more »

Quick Market Update

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It’s time for a quick market update now that we’re at the end of the year. A lack of inventory continues to be the headline for the Bergen County housing market.  No matter the town, no matter the price range we still have fewer homes available than the market needs.  As I’ve said before here,… Read more »

Real Estate Market Update

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Here is a real estate market update report for you now that we’re through July: Fewer sales are happening in 2014 but not because demand is weakening.  Far from it.  Demand is strong but supply is down.  This is reflected in fewer days on the market.  Less supply – increased and/or equal demand = pressure on pricing. … Read more »