Hillsdale New Jersey Real Estate Report| October 2011' Single Family Homes Sold Report
Hillsdale New Jersey saw Five homes closing in the popular town as the Fall season takes off and children settle into the school year. The list to sale price differential hovered around the 87% tile mark. This indicates that homes prices are beginning to slide downward. With homes selling at around 87% of their asking price the popularity of this town may be strong but Buyers are waiting for the perfect price for their budget.
The price differential is slightly lower than the previous month by about 3%. The 87% range differential along with the average days on the market at 111 indicates that the Pascack Valley area market continues to hold it's own during the economic downturn as this number of days on the market is traditionally the average.
With interest rates the lowest they have ever been (hovering at around 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 as the town with a heart!
The town of Hillsdale is constantly changing to keep up with the times while maintaining that very desirable small town feel.
Residents can take advantage of the many amenities offered such as the Top Notch Hillsdale New Jersey Schools.
Hillsdale New Jersey Real Estate Report| October 2011' Single Family Homes Sold Report
There are currently 55 Actively Listed homes in the town of Hillsdale with an average List Price of $542,273. When comparing the average sold price of $409,000 to this month's average list price, we must assume that the market is dipping substantially. There are ultimately some fantastic opportunities in this popular town with prices for every budget.
Sold Hillsdale Homes ranged from a 4 Bedroom Ranch for $280,000 to a Four Bedroom Split Level for $530,000. The map below indicates the locations of the Five Sold Homes.
Total Homes Sold..........................5
Average List Price...............$467,535
Average Sold Price............ $409,000
Median Sold Price..............$430,000
Sale/List Price....................... 87.480 ( 12-13% differential)
Average Days On Market.......................................... 111
Interested in last month's report? Click here to see that Hillsdale NJ Market Report.
Click here to view ALL Hillsdale Local Listings
Hillsdale New Jersey Homes For Sale currently range from $275,900 for a Two Bedroom Ranch style home up to a newly Renovated 6 Bedroom Colonial style home for $2,399,000. All styles and sizes of homes can be found in this popular town.
This market report does not include the Condo or Townhomes that are also available in the town of Hillsdale.
View some scenes of the picturesque Pascack Valley towns of Bergen County New Jersey.
Hillsdale New Jersey Real Estate Report| October 2011' Single Family Homes Sold Report
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