Fort Lee NJ Condo Review - 2011 In A Nutshell

This review has all the stats from 2011 in the condo, co-op, & townhouse category.


SOLD                                                                                  361

AVERAGE PRICE (of units sold)                                         $265,583  

% CHANGE vs 2010                                                            -9.4%

LISTED                                                                                915

UNDER CONTRACT                                                                271

BACK ON MARKET                                                                  64

WITHDRAWN                                                                        282

EXPIRED                                                                              458

CURRENTLY ACTIVE                                                              419

ABSORPTION RATE                                                               30

MONTHS of ACTIVE INVENTORY                                              14

LIQUIDITY                                                                           45%

(click blue links above for explanations)


             Click for FORT LEE 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 361  $ 95,875,401  $ 304,345  $ 265,583  $ 199,000   87.264 149
Co-Broker 254  $ 68,296,000  $ 304,316  $ 268,882  $ 204,000   88.356 149
List/Sold 107  $ 27,579,401  $ 304,415  $ 257,751  $ 175,000   84.671 148
New 915  $ 322,865,943  $ 352,859        
Under Contract 271  $ 85,415,930  $ 315,188       148
Withdrawn 282  $ 107,085,097  $ 379,734       188
Expired 458  $ 151,302,246  $ 330,354       235
Back on Market 64  $ 20,561,499  $ 321,273       213
Extended 347  $ 102,374,401  $ 295,027       254
Current Active 419  $ 149,653,759  $ 357,169        

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

 

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

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

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Compare Fort Lee to county-wide stats!

See Bergen County NJ Real Estate - 2011 Condo Review


Fort Lee NJ Condo Review - 2011 In A Nutshell

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