2017 Profile of Home Buyers and Sellers Who is buying homes for sale in Bergen County? You can find the answer in the National Association of Realtors annual Profile of Home Buyers and Sellers. The NAR has been publishing it’s Profile of Home Buyers and Sellers for 37 years now; this has become a very important and anticipated report. It gives you a tremendous amount of information that’s both valuable and…
Posts Tagged: Bergen County Home Sales
The 2017 Bergen County Real Estate Market
The 2017 Bergen County real estate market had a unique combination of factors – zero increase in sales from the year before with price appreciation. In fact, much of what you’ll find is a mirror image of 2016. Home sales are nearly identical – 6915 in 2017 and 6920 in 2016. I think you’ll agree that when you’re talking about nearly 7,000 units a difference of 5 is nothing. Statistics…
Sold Report for Bergen County Homes
If you look carefully at this data from the New Jersey MLS you’ll see that higher priced homes sold well.
Bergen County Home Sales
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 on vacation. Home buyers want to close by mid month so there’s enough time to…
Bergen County Home Sales
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. Up 24% from 3,211 to 3,970 – that’s 759 more homes sold in 2016 through…
Bergen County 2014 Real Estate Market Update
Here is my real estate market update for 2014: 2014 will go down as a positive year for Bergen County homes but also quite a varied year. Let’s look at the county’s over all performance comparing 2013 to 2014 – Fewer Sales by 5% – from 8,890 in 2013 to 8,434 in 2014. Why? Fewer homes for sale = fewer closings. The median sold price went up by 3% –…
Bergen County Real Estate in 2013
Bergen County real estate in 2013 has been moving at a good pace. Let’s review it so far: New Jersey MLS data gives you a clear and accurate picture because numbers don’t lie. I took a look at the MLS data of the Bergen County market so far this year. The NJMLS has a great report that compares one year to another. So let’s see what happened to home…
How Is Real Estate Doing?
Let’s look at how is real estate doing for the first 6 weeks of 2013. Most people buy a house during the warmer months. As a result we never have a lot of home sales during the 1st quarter of the year. Because it’s like this, I track Under Contract figures. Under Contracts make much more sense to me. I’ve also found this to be a good forecast of the year…
