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Ridgewood NJ Real Estate Report: Multiple Bids? Over Asking Price Offers?

By
Real Estate Agent with Keller Williams Realty

Nineteen Ridgewood Homes Sold Over Past Three Weeks and Twenty Two  Went "Under Contract"

ridgewood-market-heats-up-july

The Ridgewood Real Estate market seems to be heating up even though the summer is traditionally a slower time for home sales.  I've noticed this in general and specifically with the Ridgewood Homes that I am marketing. Three of the Ridgewood Homes I am marketing recently went "under contract" very quickly - with multiple offers. I'd like to say this is solely due to my marketing skills but even I would say an improving market must have something to do with it.

612 Wyndemere Ave

164 Grant Street

161 Valley View Ave

Ridgewood Properties Sold in the June 20th - July 10th Period

Street Number Street Name Price # Bedrooms
715 NEWCOMB $355,000 4
623 DELAWARE $390,000 4
384 PLEASANT $432,000 4
238 WALNUT $420,000 3
434 BOGERT $459,000 2
571 SHELTON $530,000 3
121 UNDERCLIFF $535,000 4
243 OAK $570,000 3
319 FRANKLIN $570,000 5
231 JEFFER $575,000 3
352 CARLTON $640,000 3
47 WALTHERY $615,000 3
821 ARROW $640,000 4
619 WESTBROOK $699,000 5
127 HILL $764,000 4
250 MULBERRY $792,000 4
314 BOGERT $826,000 5
344 CEDAR $800,000 5
149 SUNSET $1,323,000 4

Ridgewood Homes Marked as "Under Contract" in the June 20th - July 10th Period

 

Street Number Street Name List Price # Bedrooms
101 HOPE $449,900 3
419 QUACKENBUSH $454,000 3
262 STEILEN $495,000 3
244 CANTERBURY $519,000 3
23 ETHELBERT $519,000 3
612 WYNDEMERE $519,900 3
314 VESTA $589,000 3
390 BERKSHIRE $629,000 4
220 PLEASANT $650,000 4
231 BOGERT $665,000 5
127 HIGHLAND $689,000 3
328 PEARSALL $699,000 3
310 EASTBROOK $699,999 4
474 LINWOOD $720,000 4
244 BOGERT $789,000 5
164 GRANT $799,000 3
897 HILLCREST $799,000 5
376 GLENWOOD $799,999 4
30 HILLSIDE $945,000 4
483 BEVERLY $949,000 4
143 SUNSET $1,475,000 5
480 KNOLLWOOD $2,195,000 6

Related Articles

Ridgewood Real Estate Round Up: June 13th - 19th

More Ridgewood Homes Go Under Contract or into Attorney Review...

Ridgewood Home Sales Report - May 29th

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The properties in this blog post were listed and sold by various participants of the NJMLS based on information from the New Jersey Multiple Listing Service, Inc. for the period of June 20th through July 10th 2009. 

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Ridgewood NJ Real Estate Report: Multiple Bids? Over Asking Price Offers?

Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Al good to hear things in your neck of the woods are going well. Hope it continues!

Jul 16, 2009 12:39 AM
Mary Pope-Handy
Christie's International Real Estate Sereno - Los Gatos, CA
CRS, CIPS, ABR, SRES, Silicon Valley

We're seeing that here, too, in Silicon Valley.

Multiple offers in entry level houses of $300,000 to $400,000 getting scooped up by all cash investors, making it VERY hard for first time home buyers to compete.

Houses under $500,000 are selling with multiple offers if they're well priced.

The market starts cooling at around $600,00 or so and gets cooler and cooler from there. Homes are still selling but far fewer with multiple offers.

Nice to see at least some "bottom" happening!

Jul 22, 2009 03:13 PM