West Essex at a Glance

Market Reports for Caldwell, NJ and West Caldwell, NJ

October 2009

Caldwell, New Jersey Market Report for October 2009:   

• Active Listings: 31                                                
• Under Contracts in October:  5                                           
• Solds in October:  5
• Months Supply on the Market:   6.2
• Absorption ratio: 16% (only 16% of the total inventory went U/C in October, leaving 84% of the inventory unsold)

The market stats in the chart above also reflect:

• New Listings for the month of October:  9
• Total properties Under Contract (including those u/c through the end of October): 15

There are currently two multi-family homes on the market in Caldwell, New Jersey.

West Caldwell, New Jersey Market Report for October 2009:

• Active Listings: 40                                                
• Under Contracts in October:  7                                           
• Solds in October:  5
• Months Supply on the Market:   5.7
• Absorption ratio: 18% (only 18% of the total inventory went U/C in October, leaving 82% of the inventory unsold)

The market stats in the chart above also reflect:

• New Listings for the month of October:  8
• Total properties Under Contract (including those u/c through the end of October): 15

Read about the Communities within West Essex

These two suburban residential West Essex communities located only 25 miles from New York City have a combined population of approximately 18,000 people.  Caldwell and West Caldwell share a public school system with students in both towns attending James Caldwell High School in West Caldwell.  

Search for homes for sale in Caldwell, New Jersey.  Search for homes for sale in West Caldwell, New Jersey.   For more information on homes for sale within the James Caldwell School District, please contact Gina Chirico.

View Market Stats for West Essex Community for October 2009  , as a whole.

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