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West Essex At a Glance ~ Communities of West Essex, New Jersey Real Estate Market Stats, October 2009

By
Real Estate Agent with Lattimer Realty

West Essex Communities at a glance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The West Essex Communities, located in Essex County, New Jersey include Caldwell, West Caldwell, Roseland, Essex Fells, North Caldwell  Fairfield, Verona and Cedar Grove. 

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West Essex Real Estate at a Glance

Market Stats for October 2009

 West Essex At a Glance ~ Communities of West Essex, New Jersey Real Estate Market Stats, October 2009

The West Essex Communities Combined Market Report for October 2009:   

  • Active Listings:  372
  • Under Contract in October:  51                                                                                     
  • Solds in October:  52
  • Months Supply on the Market:  7.3 
  • Absorption ratio: 14% (only 14% of the total inventory went U/C in October, leaving 86% of the inventory unsold)

The market stats in the chart above also reflect:

  • New Listings for the month of October:  76
  • Total properties Under Contract (including those u/c through the end of October): 108

For more information on homes for sale within the West Essex Communities, please contact Gina Chirico.

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