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EDGEWATER NJ CONDO REVIEW - 2011 IN A NUTSHELL

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

Edgewater NJ Condo Review - 2011 In A Nutshell

This review has all the stats for 2011 in the condo & townhouse category.


SOLD                                                                                 129

AVERAGE PRICE (of units sold)                                       $501,672  

      % CHANGE vs 2010                                                     -10%

LISTED                                                                               312

UNDER CONTRACT                                                               147

BACK ON MARKET                                                                 34

WITHDRAWN                                                                       138

EXPIRED                                                                             168

CURRENTLY ACTIVE                                                             110

ABSORPTION RATE                                                          10.75%

MONTHS of ACTIVE INVENTORY                                            10

LIQUIDITY                                                                          38%

(click blue links for detailed explanations)


             Click for EDGEWATER NJ CONDOS 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 129  $ 64,715,700  $ 555,906  $ 501,672  $ 485,000   90.244 117
Co-Broker 99  $ 48,651,300  $ 542,707  $ 491,427  $ 475,000   90.551 107
List/Sold 30  $ 16,064,400  $ 599,463  $ 535,480  $ 497,350   89.327 148
New 312  $ 179,349,310  $ 574,838        
Under Contract 147  $ 81,139,930  $ 551,972       124
Withdrawn 138  $ 76,754,059  $ 556,189       154
Expired 168  $ 104,571,603  $ 622,450       244
Back on Market 34  $ 17,665,100  $ 519,562       180
Extended 123  $ 111,362,375  $ 905,385       230
Current Active 110  $ 66,705,475  $ 606,413        

                            Information deemed reliable but not guaranteed. 1/27/2012 New Jersey MLS, Inc.

 

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

"Pearls of Wisdom for Home Sellers" video.

 

 

Call today to receive the entire FREE presentation!

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


Compare Edgewater to county-wide stats!

See Bergen County NJ Real Estate - 2011 Condo Review


Edgewater NJ Condo Review - 2011 In A Nutshell

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