Bergen County Market Stats – 1st Quarter 2015

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Bergen County Market Stats – 1st Quarter 2015

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Below you find some great information on the real estate market in Bergen County, NJ.  You will also find detailed reports on each of the 70 municipalities in Bergen County.  Each report contains market stats, available properties, pending properties, and sold properties.

Overall the market underperformed this quarter as most indicators are trending the wrong direction in comparison to the first quarter of 2014.

The 1st Quarter may not have performed well but March 2015 did well against February 2015 and March 2014. Bitter cold temperatures and high snowfall may have played a factor in totals dropping. With warmer weather ahead and a healthy market we should see rising numbers in the 2nd Quarter.

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	Total Sold	Average Sold	Median Sold	Days on Market	Inventory
1st Q 2014	950	$572,861	$444,250	94	2816
1st Q 2015	1006	$530,376	$426,000	89	2701
	56	-$42,485	-$18,250	-5	-115
March 2014	318	$556,162	$434,000	103	2816
February 2015	293	$528,204	$418,000	91	2565
March 2015	354	$555,881	$445,000	97	2701

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Allendale	Montvale
Alpine	Moonachie
Bergenfield	New Milford
Bogota	North Arlington
Carlstadt	Northvale
Cliffside Park	Norwood
Closter	Oakland
Cresskill	Old Tappan
Demarest	Oradell
Dumont	Palisades Park
East Rutherford	Paramus
Edgewater	Park Ridge
Elmwood Park	Ramsey
Emerson	Ridgefield
Englewood	Ridgefield Park
Englewood Cliffs	Ridgewood
Fair Lawn	River Edge
Fairview	River Vale
Fort Lee	Rochelle Park
Franklin Lakes	Rockleigh
Garfield	Rutherford
Glen Rock	Saddle Brook
Hackensack	Saddle River
Harrington Park	South Hackensack
Hasbrouck Heights	Teaneck
Haworth	Tenafly
Hillsdale	Teterboro
Ho-Ho-Kus	Upper Saddle River
Leonia	Waldwick
Little Ferry	Wallington
Lodi	Washington Township
Lyndhurst	Westwood
Mahwah	Wood-Ridge
Maywood	Woodcliff Lake
Midland Park	Wyckoff

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