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DUMONT NJ REAL ESTATE REVIEW - 2011 IN A NUTSHELL

By
Real Estate Broker/Owner with Power Realty Group, LLC Bergen County, NJ

Dumont NJ Real Estate Review - 2011 In A Nutshell

This review consists of the year's statistics in the single-family category.


SOLD                                                                                  91

AVERAGE PRICE (of homes sold)                                      $317,673  

          % CHANGE vs 2010                                                 -2.4%

LISTED                                                                                213

UNDER CONTRACT                                                               124

BACK ON MARKET                                                                 32

WITHDRAWN                                                                        90

EXPIRED                                                                              79

CURRENTLY ACTIVE                                                              55

ABSORPTION RATE                                                            7.58

MONTHS of ACTIVE INVENTORY                                           7.25

LIQUIDITY                                                                          45%

(click above links for explanations)


               Click for DUMONT NJ HOMES FOR SALE

 

Listing Status        Total        Total List/Sale Dollars 
Average List
Price
Average Sold
Price
Median Sold
Price
Sale Price/
List Price*
Avg DOM
Sold 91  $ 28,908,215  $ 356,397  $ 317,673  $ 320,000   89.135 97
Co-Broker 75  $ 23,755,315  $ 356,216  $ 316,738  $ 320,000   88.917 94
List/Sold 16  $ 5,152,900  $ 357,244  $ 322,056  $ 316,000   90.150 112
New 213  $ 79,282,914  $ 372,220        
Under Contract 124  $ 40,792,697  $ 328,973       102
Withdrawn 90  $ 32,745,387  $ 363,838       132
Expired 79  $ 30,702,488  $ 388,639       223
Back on Market 32  $ 9,739,300  $ 304,353       174
Extended 71  $ 23,059,200  $ 324,777       194
Current Active 55  $ 19,379,289  $ 352,351        

                               Information deemed reliable but not guaranteed. 2012 New Jersey MLS, Inc.

 

If you or someone you know is thinking about selling a home in Dumont NJ, don't miss the tech-savvy JERSEY HOME SCENE maximum exposure marketing system. Enjoy the intro to the

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I'm Brian Morgenweck, Broker/Owner of Power Realty Group.

I'm here to help you reach your real estate goals.

Call today! (201) 489-3020


See how Dumont compares to county-wide stats!

click Bergen County NJ Real Estate - 2011 Single Family Review



Dumont NJ Real Estate Review - 2011 In A Nutshell

Posted by
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Edward & Celia Maddox
The Celtic Connection Realty - Queen Creek, AZ
EXPERIENCE & INTEGRITY - WE TAKE THE HIGH ROAD

Good charts and statistics.  Thanks for shairng and good luck in 2012.

Jan 21, 2012 02:59 AM
Brian Morgenweck
Power Realty Group, LLC Bergen County, NJ - Hackensack, NJ
Broker/Owner, GRI, CRS, ABR, SRS

Thank you, Edward & Celia... Best to you in '12 as well!

Jan 21, 2012 05:58 AM