Bergen County Real Estate Market Reports – Woodcliff Lake, Franklin Lakes, and Ramsey

July 6, 2014 · by Ana Moniz - The Moniz Group · in Bergen County, Bergen County Real Estate, franklin lakes, Market Reports, Ramsey, Woodcliff Lake. ·

Bergen County Real Estate Market Reports

Analyzing the real estate market of a town at a specific time is an important step in both home selling and home buying. In this blog post you will find detailed reports of the Woodcliff Lake, Franklin Lakes, and Ramsey real estate markets. You can click any image to view more in depth statistics and analysis of the real estate markets of each town, pulled from Ana Moniz’s real estate website. You can create an account on the website view hundreds of lovely Bergen County homes for sale and set alerts for new home listings in your desired towns and price range.

Woodcliff Lake Real Estate Market Report

Price Trends – Sold vs. Listed

Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).

By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

Market Inventory Trends

The number of active listings in Woodcliff Lake (07677) dropped by10.8% from the previous month.

The median number of days active properties have been listed is 53. This is significantly shorter than the national average.

Property Ownership

The number of sales in May dropped by 75% from the previous month.

The percent of unoccupied properties is very low in Woodcliff Lake (07677) . It is -11.99% below the national average.

The percent of owner occupied properties in Woodcliff Lake (07677) is 22.62% above the national average.

Franklin Lakes Real Estate Market Report

Price Trends – Sold vs. Listed

Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).

By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

Market Inventory Trends

The number of active listings in Franklin Lakes (07417) increased by17% from the previous month.

The median number of days active properties have been listed is 69.

The number of sales in April dropped by 20% from the previous month.

Property Ownership

The percent of unoccupied properties is very low in Franklin Lakes (07417) . It is -10.84% below the national average.

The percent of owner occupied properties in Franklin Lakes (07417) is 20.19% above the national average.

Ramsey Real Estate Market Report

Price Trends – Sold vs. Listed

Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).

By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

Market Inventory Trends

The number of active listings in Ramsey (07446) dropped by 7.7%from the previous month.

The median number of days active properties have been listed is 66. This is significantly shorter than the national average.

The number of sales in May dropped by 25% from the previous month.

Property Ownership

The percent of unoccupied properties is very low in Ramsey (07446) . It is-11.87% below the national average.

The percent of owner occupied properties in Ramsey (07446) is16.14% above the national average.

If you would like to learn more about Woodcliff Lake, Franklin Lakes, Ramsey, or other Bergen County boroughs you can visit previous blog posts or view by town through the “Featured Towns” dropdown menu. The blog posts include restaurants, town information, and of course beautiful homes for sale in each town. If you have any questions or would like to set up a showing appointment for any Bergen County homes for sale, feel free to contact Ana Moniz directly!