Special offer

River Vale New Jersey Real Estate | September 2011 Homes Sold Report

By
Real Estate Agent with Christie's International Real Estate

River Vale New Jersey Real Estate | September 2011 Homes Sold Report


Welcome To River Vale New Jersey

River Vale New Jersey saw Five homes closing in the popular town as the Summer real estate market ends and children return to school. The list to sale price differential hovered around the 95% mark. This indicates that homes are both being priced well and selling within 5% of their asking price and that the popularity of this town is still going strong. The average Sold price was $747,000 (up slightly from last month) for the upscale town of River Vale NJ.

River Vale NJ is amongst the 8 Pascack Valley towns of Bergen County New Jersey and it's lush park-like character has prompted it to be known as the "Garden Spot" of the Pascack Valley. This small tight knit community is constantly changing to keep up with the times while maintaining that very desirable small town feel.

Welcome To River Vale New Jersey

 

The price differential for September is still around 5% as in the previous month. The average days on the market was 49 for the month of September indicating that the Pascack Valley area market continues to hold it's own in this volatile market.

With interest rates the lowest they have ever been hovering at 4%, we think Buyers can take advantage of some really wonderful opportunities to own their piece of

Small Town America in this special town known for it's suburban green lawns a plenty!

River Vale Golf Course Photo
Residents can take advantage of the many amenities offered by this Pascack Valley town such as the successful River Vale Farmer's Market which continues every Thursday from 12 to 6 right on up until October 27th.

 

River Vale New Jersey Farmers Market

 

River Vale New Jersey Real Estate | September 2011 HomesSold Report

 

Total Homes Sold..........................5

 

 

Average List Price...............$783,180

 

 

Average Sold Price............ $747,000

 

Median Sold Price..............$706,000

 

 

Sale/List Price....................... 95,380 ( 4-5% differential)


Average Days On Market .......................... 49



There are currently 51 Actively Listed homes in the town of River Vale with an average List Price of $704,592. When comparing the average sold price of $709,285 to this month's average list price, we must assume that the market is in a VERY slight downward trend. But one must keep in mind that the Average Sold price is for smaller modest homes in the lower price ranges on up to the larger homes in the million dollar plus price range. There are ultimately some fantastic opportunities in this popular town for every budget.


A quick Snapshot of Septmember Market Acitivity:


River Vale NJ

A quick snapshot of the past 13 months Activity:

River Vale NJ


 Click here to view ALL River Vale Local Listings

 

Click on the links below to view some scenes of the picturesque Pascack Valley towns of Bergen County New Jersey.

EMERSON

 

HILLSDALE

 

RIVER VALE

 

WESTWOOD

 

PARK RIDGE

 

MONTVALE

 

WOODCLIFF LAKE

 

WASHINGTON TOWNSHIP

 

PASCACK VALLEY SPRING SHOW

 

PASCACK VALLEY SUMMER SHOW

 

PASCACK VALLEY FALL SHOW

 

PASCACK VALLEY HOLIDAY SHOW

 

River Vale New Jersey Real Estate | September 2011 Homes Sold Report

Posted by

If you or someone you know is planning a Move in the near future, call your Pascack Valley experts, Lisa & Bob Hammerstein at  or visit us on our website at www.HammersTeam.com.  We'll be able to help you if you're Moving to any of the Pascack Valley towns in Bergen County New Jersey.


Your Real Estate Resource for Bergen County and the entire Pascack Valley!

Christies International Real Estate

__________________________________________________________________

 

Robert & Lisa Hammerstein • Sales Associates • Christies International Real Estate

(201)476-0777
Direct Cell (201) 315-8618

Address • 313 Broadway • Westwood, NJ 07675 •


 


DISCLAIMER: I must disclaim liability for any damages or losses, direct or indirect, that may result from use of, or reliance on, any information contained in this blog, or for the accuracy of comments or opinions expressed by visitors to my blog. The information contained in the articles is deemed reliable but is not guaranteed, and the opinions expressed in these articles are mine. Any party who uses this material  including photos, without the written permission of  Robert Hammerstein is subject to copyright infringement and possible lawsuit.



Enter your email address:

Delivered by FeedBurner

Robert and Lisa Hammerstein - Agent at Keller Williams Valley Realty

Save

Comments (4)

1~Judi Barrett
Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

What a great market report with text explanations, graphs, and charts.. Wonderful job.

Oct 21, 2011 01:00 PM
Robert Hammerstein
Christie's International Real Estate - Hillsdale, NJ
Bergen County NJ Real Estate

Judi = Thanks so much for those kind words and for stopping by.

Oct 22, 2011 03:54 AM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Bob excellent report for River Vale NJ.  Price is so key these days and agents in your market seem to be doing it correctly.

Love the way you have educated us on the Pascack region.

Oct 24, 2011 09:28 AM
Robert Hammerstein
Christie's International Real Estate - Hillsdale, NJ
Bergen County NJ Real Estate

Jennifer - thanks so much for your kind words and for stopping by..

Oct 24, 2011 10:30 AM