Bergen County Real Estate Market Reports – Wyckoff, Hillsdale, and Saddle River

July 14, 2014 · by Ana Moniz - The Moniz Group · in Bergen County Real Estate, Market Reports, New Jersey Real Estate, real estate news. ·

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 Wyckoff, Hillsdale, and Saddle River 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. If you have any questions, feel free to contact Ana directly!

Wyckoff NJ 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 Wyckoff (07481) increased by 7.7% from the previous month.The median number of days active properties have been listed is 49. This is significantly shorter than the national average.The number of sales in May dropped by 70% from the previous month.

Property Ownership

The percent of unoccupied properties is very low in Wyckoff (07481) . It is -12.22% below the national average.

The percent of owner occupied properties in Wyckoff (07481) is 23.25% above the national average.

Hillsdale NJ 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 Hillsdale (07642) dropped by 25%from the previous month.

The median number of days active properties have been listed is 37. This is significantly shorter than the national average.

The number of sales in May dropped by 50% from the previous month.

Property Ownership

The percent of unoccupied properties is very low in Hillsdale (07642) . It is-13.15% below the national average.

The percent of owner occupied properties in Hillsdale (07642) is22.48% above the national average.

Saddle River NJ 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 Saddle River (07458) increased by 4.8% from the previous month.

The median number of days active properties have been listed is 80.

The number of sales in April dropped by 16.7% from the previous month.

Property Ownership

The percent of unoccupied properties is very low in Saddle River (07458). It is -8.94% below the national average.

The percent of owner occupied properties in Saddle River (07458) is 18.83% 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!